Mumbai: Doctor duped of Rs 80 lakh with promise of high returns on investment

A case of cheating has been registered against a man for allegedly duping a 65yearold doctor of Rs 80 lakh by promising high returns on investment a police official said on Wednesday reported news agency PTIThe accused was identified as Shariyar Chhatriwalla alias Shoyeb Memon a resident of suburban Kurla reported PTIHe allegedly cheated doctor Ghanshyam Verma resident of Nashik by taking money at different times over six years in the name of high returns on investment the official said reported PTIVerma even borrowed money from relatives and also sold his residence to pay the accused the complaint saidBased on the doctors complaint a case under IPC section 420 was registered and further probe was on the official saidMeanwhile Mumbai Polices crime branch claimed to have busted an interstate gang by arresting three men who allegedly duped businessmen of several lakhs by arranging meetings in posh hotels under the pretext of offering them business opportunities an official said on Wednesday reported PTIThe gang members used to contact potential targets and convince them to come for a business meeting to clinch attractive dealsThe accused persons are identified as Majib Abdul Khan alias Mannu 44 a resident of Uttar Pradesh Mayank Pradeep Sharma alias Laddu 22 a resident of Delhi and Akash Dwarkaprasad Agrawal alias Kabir 19 who lives in Thane the official said adding that some more persons were involved in the crime reported PTIThey were arrested by Unit 8 of the Mumbai Crime Branch he saidThe fraud came to light when a businessman from Mumbai was allegedly cheated by the gang of USD 25000 Rs 21 lakh on February 27 the official saidOne of the three members of the gang had contacted the businessman saying he works in the film business and required USD 25000 to send actors abroad He called the businessman to a fivestar hotel on February 27 and took him to a room After collecting money the accused person pretended to have received a call on his mobile phone and walked out of the room he said quoting the FIR reported PTISubsequently the accused person stopped attending the calls of the businessman the official saidRealising that he was cheated the victim lodged a complaint with Vakola police station and a case was registered on the charge of cheatingDuring the investigation the crime branch found that the gang had cheated businessmen in other cities also by luring them with the promise of business deals the official saidIn one such case a forex trader was duped of Rs 30 lakh on January 25 in the Mumbai Airport area he said reported PTIThe crime branch sleuths traced the trio using technical analysis and traditional investigation he saidTheir interrogation unravelled the network of the interstate gang Efforts are on to nab the remaining members of the gang the official added reported PTIWith inputs from PTI