Mumbai businessman duped of Rs 23 cr by 3 men; FIR filed

An official on Tuesday said that the police have registered an FIR against three people for allegedly duping a Mumbai businessman of Rs 23 crore on the pretext of providing bank no objection certificates NOCs to him after clearing dues reported news agency PTIAccording to the Dahisar police station official the complainant in the case is into transport business and owned 117 buses reported PTIHe hired three individuals and asked them to sell his buses taken on loans from banks The Mumbai businessman assigned them the task of selling his buses clearing bank dues and getting NOCs from the lenders after doing a onetime settlement the official said reported PTIThe trio signed an agreement with the Mumbai businessman for selling his buses and complete a onetime settlement with banks They took Rs 23 crore from the transporter to do the job but did not complete it he saidWhen the businessman asked the trio about the task they failed to give satisfactory answers and also did not return the money taken from him according to the official reported PTILater the Mumbai businessman approached the Mumbai polices Economic Offences Wing EOW and filed a complaint based on which an FIR was registered on Monday at the Dahisar police station under relevant sections of the Bharatiya Nyaya Sanhita including cheating against the trio he said reported PTIThe EOW has launched a probe and making efforts to nab the accused the official addedMan falls prey to share market investment fraudIn another case a 53yearold manager of a paints company was allegedly cheated by cyber fraudsters of more than Rs 53 lakh under the guise of promising lucrative returns on share trading investment Mumbai Police said on Tuesday reported PTIThe victim lodged a complaint with the Central Region Cyber Police Station on Monday leading to the registration of a case against two unidentified persons an official said reported PTIThe complainant came across an advertisement on Instagram on May 5 mentioning about attractive returns on investments in the share market through tradingAfter he clicked on the advertisement he was added to a WhatsApp group named MSFL stock chart 33 consisting of 140 members the police official saidThe victim contacted group admin Juhi Patel and expressed his interest in investing money Patel allegedly sent a link to the victim who ended up providing sensitive information including PAN card and Aadhaar card details and opened a virtual account under Marwadi Financial Services reported PTIThe manager continued to deposit money in the bank account number for share trading the official saidAfter depositing over Rs 53 lakh the victims virtual account reflected a profit of Rs 2695 crore The complainant wanted to withdraw Rs 30 lakh to pay taxes and contacted Patel who asked him to deposit Rs 8055 lakh police said reported PTIThe manager realised that he was being defrauded and approached the policeWith inputs from PTI