FIR against two for cheating Ludhiana resident of ₹71 lakh

Inspector Gurjeet Singh, SHO of Division Number 2 Police, explained that despite several months passing, the accused neither returned any profit nor the original investment.

The Division Number 2 police have registered an FIR against two city residents for allegedly cheating another city resident of ₹71 lakh. The accused lured the victim by promising lucrative investment returns but vanished after collecting the money, later threatening the victim when he demanded a refund.

The Division Number 2 police have registered an FIR against two city residents for allegedly cheating another city resident of ₹71 lakh. The accused lured the victim by promising lucrative investment returns but vanished after collecting the money, later threatening the victim when he demanded a refund. (Representational image)

According to the complaint, Sanjeet Kumar Dang, a resident of Field Ganj area, came in contact with Amandeep Singh of Bhola Colony, Tajpur Road, and his accomplice Amritpal Singh through mutual contacts. Claiming to run a finance company, the accused assured Sanjeet that his investment would double within a short period. Convinced by their promises, Sanjeet not only invested part of the amount from his own funds but also gathered additional money from his associates, hoping to secure significant profits.

Inspector Gurjeet Singh, SHO of Division Number 2 Police, explained that despite several months passing, the accused neither returned any profit nor the original investment. Instead, when Sanjeet asked for his money back, Amandeep and Amritpal allegedly threatened him, stating they would commit suicide and implicate Sanjeet in a police case, thereby trapping him in legal complications.

The SHO added that stringent action would be taken once the accused are apprehended, aiming to provide relief to the victim and deter such fraudulent schemes in the future.