The two arrested are the then managing director of ULI Bishnu Bahadur Chhetri, 42, originally from Dandakharka VDC-3 of Parbat district and his brother Krishna Bahadur Chhetri, 47, who was the training director of the company.
The Metropolitan Police Crime Division had initiated an investigation to track the absconding brothers after a photo and text posted on the Facebook wall of Krishna Bahadur on July 8 claimed that Bishnu Bahadur was murdered near Bhainsepati. The post was immediately removed from the wall.
During investigation, police first tracked the dependent family of the absconding, connected the dots and confirmed that the post was made from a location in India.
On the basis of this information, police tracked the two in India and found them engaged in fish-farming business in the northern part of India, according to the police.
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Making the duo public at a press meet in the capital, Metropolitan Police Commissioner AIGP Bigyan Raj Sharma said they were yet to investigate their hideouts and recent status." Responding to journalists, Krishna Bahadur said his Facebook account was hacked by someone.
On January 16, 2012, Interpol had issued a Red Corner notice against the two but could not track them despite clues from the victims of the network marketing business scam.
On March 31, 2014, the Lalitpur District Court had convicted the duo along with 10 others of illegally operating network marketing business. The court had sentenced them to three years in jail along with a fine of Rs 10.62 million each.
The two were absconding after the police filed a complaint against more than 100 persons on June 11, 2012 accusing them of swindling dozens of people.
A squad from the Metropolitan Police Range Office, Lalitpur had arrested ULI Chairman Kashi Ram Gurung from India in 2012 with support from Indian counterparts.
The Supreme Court (SC) had also ruled that the network marketing business was illegal after ULI was found to have collected over Rs 3.83 billion from more than 368,710 Nepalis.
ULI offered life insurance, social security schemes, and investments in health, education and travel plans without permission from the government and without registration at the Nepal Rastra Bank.
Other convicted in the scam were ULI finance director Bhim Bahadur Gurung, IT director Netra Rajbhanshi, Indra Bahadur BK, Krishna Chhetri, Mahendra KC, Shishir Yogi, Lok Bahadur Tandon, Bishwanath Gautam, Ghanashyam Bastakoti and Govinda Gyawali. Most of them served their terms in jail as per the court's order.
