New Delhi, July 3 :     The Central Bureau of Investigation (CBI) has arrested Rita Singh, managing director of the Mesco group of companies, on charges of forgery and falsification of accounts. Singh was produced before a designated court on Saturday which remanded her to police custody till July 5. The FIR submitted by the agency also named Rita Singh's husband J.K. Singh and financial controller of the company Deepak Singh, who were arrested by the CBI on May 23, director of the Mesco group Natasha Singh and former company secretary S.S. Batra. The CBI, which has been probing the Mesco group's activities since 1997, has alleged that there had been misappropriation of money to the tune of over Rs 130 crore through the creation of fake accounts, besides cheating of the public by issuing false share certificates. Besides the small investors, the agency also alleged that the group had indulged in cheating insurance companies, financial institutions, banks and shareholders to the tune of crores of rupees. The CBI has alleged that Singh's company Mideast India Ltd, had cheated United India Insurance Company to the tune of Rs 12 crore by submitting a false 'no objection certificate' (NOC) purportedly issued by the IFCI and obtained payments on the basis of fake NOCs.