A film director of a Gurugram-based company and three others were arrested for their involvement in an online fraud of Rs 8 crore, a Haryana Police spokesman said here on Monday.

The group -- Raj Kumar Sharma from Surat, Gujarat; Daulat Singh from Jaipur; Bharat Kumar from Alwar, Rajasthan; Ajay from Bhiwani -- cheated about 4,800 people by promising them handsome returns on their investments.

"The police have also frozen three bank accounts of the company which had about Rs 90 lakh," the spokesman said.

"Acting swiftly on an FIR lodged by Vijay Singh of Rewari and Amit Kumar of Sonipat against the company on February 14, the police formed a Special Investigation Team and nabbed all four," he said.

Both complainants had become members of the company on January 23 this year and had transferred Rs 2.5 lakh in its account.

"On interrogation, the accused admitted that the Profit Network Company was started by them in July 2016, which had duped about 4,800 persons by making them its members. The members had deposited about Rs 8 crore in company's bank accounts," the spokesman said.

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