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Mumbai Crime: Businessman cheated of Rs 3.65 crore by ex-partners

Duo convinced him that with the help of the third accused, they could get a loan of Rs 100-crore sanctioned for his development works

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(Clockwise from top left) the accused Sitaram Jaiswar, Mohammed Khan and Abrar Pansari

(Clockwise from top left) the accused Sitaram Jaiswar, Mohammed Khan and Abrar Pansari

The RAK Marg police are investigating a case involving the owner of a consultancy firm and two others, for allegedly cheating a businessman of Rs 3.65 crore after promising to help him get a loan of Rs 100 crore. The accused also gave a fake loan sanction letter of a bank to the victim. The accused have secured interim bail till June 29.

Manoj Kumar Singh, 38, is a director of Ekdant Group, a construction company in Sewri. The alleged accused were identified as Abrar Pansari, Sitaram Jaiswar and Mohammed Salim Khan. Jaiswar and Khan were once partners of Singh. During investigation police found that the accused have criminal records in Mumbai and Pune for cheating 14-15 people.

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