Representational pic

Even as the dust is just settling on the Mira Road IRS scam, another one may be in the offing after it was revealed how a Malabar Hill resident was cheated of Rs 43 lakh over a year after being lured in with a promise of a Rs 10 lakh loan at five per cent interest rate. The Malabar Hill police has launched a probe and traced the con to New Delhi.