A woman management graduate was arrested on Thursday by the Amboli police on charges of cheating, forgery and theft of Rs 90 lakh. The police also arrested an accomplice of the accused in connection with the case. Parmeet Arora and Chandni Mehta and have been remanded in police custody until October 27.
Former employee of a leading private bank, Arora duped the wife of an Andheri-based businessman, Parag Sanghvi, from 2008 to September this year. Arora, who met the victim at a kitty party which both regularly attended, had convinced the victim to invest Rs 60 lakh in mutual funds for her two children.
In a bid to secure her childrens’ future, the victim agreed to invest in mutual funds and paid two cheques of Rs 5 lakh each to Arora, which were deposited in the mutual fund account. “Out of the total 12 cheques, totaling to Rs 60 lakh, that the victim gave Arora, only Rs 10 lakh were deposited,” said KMM Prasanna, deputy commissioner of police (Zone-IX). After the first two cheques were deposited, Arora, who had by then started frequenting the victim’s residence, convinced the latter to issue cheques in the name of one Sudhir Nair, proprietor of Earn and Rent Financial Services.
“Nair used to withdraw money and give it to Arora on commission. But, he was not aware that Arora was committing a fraud,” said Machindra Bodkhe, police inspector . “She told him that the cheques belonged to her friend who was in need of money.”
The victim stopped interacting with Arora after she learnt that the latter had stolen a credit card from one of her acquaintances at a kitty party. Arora then sought help from her former colleague Mehta and asked her to call the victim as the bank manager to demand money.
“Mehta called the victim, but she too was unaware of Arora’s intentions. It appears that Mehta had no share in the siphoned money and she made the calls only to help her friend, Arora,” added Bodkhe. The matter came to light when Sanghvi approached the bank to ask for receipts to file tax returns. He showed the bank papers of the funds that were couriered by Mehta. The documents turned out to be forged and on September 28, Sanghvi lodged a complaint. “After the victim found out that Arora had been fooling her, she told us that ornaments worth 40 lakh had gone missing from their house and they suspect Arora stole them,” said Bodkhe.