Mumbai businessman loses Rs80 lakh on fake investment, four booked
A businessman filed a First Information Report (FIR) against four men, who allegedly duped him of Rs80.35 lakh by coercing him invest in an Singapore-based BPO, promising him that the amount will double in three years.
According to the Meghwadi police, the complainant is a resident of Jogeshwari (East), and was introduced to the four accused through a trusted family friend.
The complainant started investing the money since June 2011, and was told it will double and be returned to him by 2014. But even as years passed by, the accused kept delaying the payment, after which the businessman approached the police.
The businessman told police that they did not sign an agreement and the entire payment was made through RTGS transactions, and no part of the amount was given in cash. The businessman has provided the cops with the bank transaction documents as evidence.
A police official said, “The man trusted the accused without asking for any proof or signing any agreements. Furthermore, he did not know if the accused even started a BPO. All he knows is that it was to be opened somewhere in Bengaluru and is Singapore-based. We are collecting evidence and tracing the four men.”