Indian police arrested the founder of the company owning the cheapest smart Phone in the world for fraud

Indian police said that the founder of a local technology company, has succeeded in attracting attention to the launch of the cheapest smart phone in the world, at a price not to exceed US $ 4, he was arrested after being accused of fraud by the merchant smart phones , he said the company had not paid their dues.

He said Rahul Srivastav, a police spokesman in North India that the perimeter Goel, the founder of the company , “Rengjinj plz”, was arrested on Thursday afternoon in the state of Uttar Pradesh, to submit to the court on Friday.

The Goel has made his company Talk time last year when it unveiled the phone smart “Freedom” Freedom Friends who put up the price of 251 rupees , or the equivalent of US dollars 3.77, has received strong demand but also hovered around doubts and extensive scrutiny by regulators , even in India known cheap prices, where smartphones are very popular cheap.

According to Indian police, he was arrested the founder of the “Rengjinj plz” After the dealer said he had paid three million Indian rupees to get an order of phones, but received only a simple demand part, so that some phones that received was defective.

He said that the merchant has received only 1.4 million rupees in the form of new phones and cash. When continued with “Rengjinj plz” to recover the rest of the dues has not received, he said an official at the company threatened to kill him and his family