Stocks shock drives MBAs to kidnap for ransom
The global financial meltdown is not only hurting people in the corporate world, it is also turning some investors into criminals.
Stock-market losses drove two desperate MBA students to kidnap a 15-year-old Class IX student from Saket in south Delhi last Thursday, say the Delhi Police.
Piyush Jain (24) is an MBA correspondence student with IMT, Ghaziabad and Rohit Chopra is doing his MBA from the Indira Gandhi National Open University .
The police said Jain, Chopra and four others planned and orchestrated the kidnapping of Arjun Verma, a student of Gyan Bharti School. The main accused in the case is Bharat Jhamb (21), a cousin of Arjun.
Jain, Chopra and Jhamb pooled in Rs 1 lakh to buy cellphones, SIM cards, rent a godown and pay a man whose help they took for the crime. They bought used cellphones and used fake identification to buy SIM cards.
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To read the ePaper, visit: http://epaper.hindustantimes.com
Stock-market losses drove two desperate MBA students to kidnap a 15-year-old Class IX student from Saket in south Delhi last Thursday, say the Delhi Police.
Piyush Jain (24) is an MBA correspondence student with IMT, Ghaziabad and Rohit Chopra is doing his MBA from the Indira Gandhi National Open University .
The police said Jain, Chopra and four others planned and orchestrated the kidnapping of Arjun Verma, a student of Gyan Bharti School. The main accused in the case is Bharat Jhamb (21), a cousin of Arjun.
Jain, Chopra and Jhamb pooled in Rs 1 lakh to buy cellphones, SIM cards, rent a godown and pay a man whose help they took for the crime. They bought used cellphones and used fake identification to buy SIM cards.
To read the full article, click here..
To read the ePaper, visit: http://epaper.hindustantimes.com
Labels: corporate world, hurting people, Indira Gandhi National Open University, kidnapping of Arjun Verma, MBA correspondence student, MBA students to kidnap, turning some investors into criminals

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