9 booked for duping Navi Mumbai woman, others of Rs 2.97 crore in investment fraud
PTI, Jan 29, 2024, 8:55 AM IST
Police have registered a case against nine persons for allegedly cheating a 42-year-old woman from Navi Mumbai and other persons of Rs 2.97 crore after promising them high returns in various investment schemes, an official said on Monday.
The accused invested funds of the woman and other victims in shares and also to acquire movable and immovable properties over the last three years, the official from Sanpada police station said.
But, the accused failed to provide any gains or return the invested money to the victims, he said.
The woman, who is a resident of Seawoods area in Navi Mumbai township, filed a complaint with the police on Sunday.
Based on it, the police registered a case against nine persons under relevant provisions of the Indian Penal Code, the Prize Chits and Money Circulation Schemes (Banning) Act, the Banning of Unregulated Deposit Schemes Act and the Maharashtra Protection of Interest of Depositors (In Financial Establishments) Act.
An investigation was on into the case, the police said.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Cong seeks to capitalise on Kerala BJP infighting; woos disgruntled leaders
Independence will be jeopardised if parties place creed above country, says Dhankhar
Cong seeks to capitalise on Kerala BJP infighting; woos disgruntled leaders
Adityanath calls for following ideals of Constitution; Akhilesh slams BJP for ‘political duplicity’
Russian national’s body found floating in hot water spring in Uttarkashi
MUST WATCH
Latest Additions
Cong seeks to capitalise on Kerala BJP infighting; woos disgruntled leaders
Independence will be jeopardised if parties place creed above country, says Dhankhar
Cong seeks to capitalise on Kerala BJP infighting; woos disgruntled leaders
Adityanath calls for following ideals of Constitution; Akhilesh slams BJP for ‘political duplicity’
Thought RR might be a good environment for Suryavanshi to grow in: Head coach Rahul Dravid
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.