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Mumbai: Lalbaug woman duped of Rs 1.3 crore in fake business loan scam
Updated On: 30 November, 2025 09:47 AM IST | Mumbai | Aishwarya Iyer
After waiting for nearly two years for her money to be returned, the victim finally approached Kalachowki police on Friday
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A 64-year-old woman lawyer from Lalbaug was allegedly cheated of Rs 1.3 crore after she was lured with promises of a multi-crore business loan. The accused allegedly used forged bank sanction letters and fake processing-fee demands to dupe her. After waiting for nearly two years for her money to be returned, the victim finally approached Kalachowki police on Friday.
According to police, the complainant, a practising advocate residing in Lalbaug, was seeking funds for a large business project. She was approached in early 2023 by Shekhar alias Khanderao Sonar, his son Shreyas Sonar, and their relative Dhiraj Mule, who claimed they could arrange large-scale business funding through leading finance companies and banks.
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