Archive · 15 Nov 2025
Fugitive Jagdish Punetha Extradited from UAE for Multi-Crore Fraud
A man named Jagdish, who was wanted in India for allegedly scamming people out of a lot of money, has been brought back from Dubai.
He had run away from India after being accused of running fake investment schemes and forming a criminal group.
The Indian police, with help from international police and the UAE government, worked together to find him and bring him back.
He is now in India to face serious charges for these alleged crimes.
Police believe he and his associates cheated people out of more than 15 crore rupees and gained illegal assets worth over 2 crore rupees.
He had a reward for information leading to his arrest.
Fugitive Jagdish Punetha, accused of multi-crore fraud, has been extradited from the UAE to India.
Punetha faces charges for allegedly defrauding people of approximately ₹15.17 crore through fake investment schemes.
He is also accused of forming an organized gang to facilitate illegal financial gains.
Indian authorities, including the CBI and Uttarakhand Police, collaborated with UAE authorities for his extradition.
A reward of ₹50,000 was placed on his head before his apprehension and extradition.
- Who
- Jagdish Punetha, an Indian national and fugitive accused of multi-crore fraud.
- What
- Extradited from the United Arab Emirates (UAE) to India to face charges of fraud.
- When
- Extradited on November 13, 2025.
- Where
- Extradited from Dubai, UAE to India.
- Why
- Accused of defrauding people of approximately ₹15.17 crore through fake investment schemes, forming an organized gang, and illegally amassing assets worth ₹2.22 crore.
Law Enforcement
Fugitive
Allegations and Fugitive Status
Law Enforcement
Jagdish Punetha is accused of defrauding investors of ₹15.17 crore through fake investment schemes and forming an organized gang for illegal financial gains. He was a wanted fugitive with a ₹50,000 reward on his head.
Fugitive
Punetha, a resident of Pithoragarh, Uttarakhand, fled overseas to evade arrest and prosecution for the alleged fraud.
Extradition Process
Law Enforcement
Indian authorities, including the CBI, Uttarakhand Police's CB-CID, and coordination with UAE authorities, successfully extradited Punetha from Dubai to India on November 13, 2025.
Fugitive
Punetha was apprehended in Dubai following joint efforts between Indian and UAE authorities, leading to his extradition.
- Fugitive's Name
- Jagdish Punetha
- Alleged Crimes
- Defrauding through fake investment schemes, forming an organized gang for illegal financial gains, criminal conspiracy
- Amount of Fraud
- ₹15.17 crore
- Illegally Acquired Assets
- ₹2.22 crore
- Home District
- Pithoragarh, Uttarakhand
- Reward on Head
- ₹50,000
- Extradition Date
- November 13, 2025
- Authorities Involved
- Uttarakhand Police (CB-CID), CBI, UAE Authorities, Ministry of External Affairs, Ministry of Home Affairs
Sources
Wanted Fugitive Jagdish Punetha To Be Extradited From UAE
CBI brings back wanted fugitive from UAE in cheating case
CBI arrests Singapore-based businessman in Rs 31.60-crore fraud case
Uttarakhand Police gets back wanted fugitive from UAE with Interpol help
Fugitive, wanted for fraud worth crores, extradited from Dubai
