The Byculla police have registered an FIR against a father-daughter duo for allegedly cheating a 72-year-old woman of Rs 14.33 lakh by luring her into a fake high-return investment scheme involving Standby Letter of Credit (SBLC).

According to the complainant, she first came in contact with the accused, Sunil Shivdutt Sharma, 53, in 2017 through a chartered accountant’s office. Sharma, a resident of Ghansoli, Navi Mumbai, allegedly convinced her to invest, promising extraordinarily high returns. On November 11, 2017, he allegedly called the victim to meet near Regal Restaurant in Byculla, where she handed him Rs 9 lakh in cash.