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Man cheats friend of 42L after fudging cheque amount

Navi Mumbai

Published on: Mar 12, 2020 12:54 AM IST
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Navi Mumbai

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HT Image

A civil contractor, who gave a cheque of 2 lakh to a construction businessman was cheated of 42 lakh after the latter allegedly added the digit ‘four’ before the amount and encashed the cheque.

In October 2016, Munyaswami Nadar, 56, had taken a loan of 2 lakh from S Jagannathan, a construction firm proprietor. At the time of borrowing the money, Nadar issued Jagannathan an undated cheque with 2 lakh written only in numerical figure.

Nadar and Jagannathan would often borrow money from each other for their business, said police. In January, Jagannathan approached Nadar and asked him to loan him 5 lakh. “On February 20, I got someone to transfer 5 lakh to Jagannathan’s account. But on the same day, I received a message in the evening that 42 lakh was withdrawn from my account,” Nadar told the Kopar Khairane police in his complaint.

Nadar contacted his bank which informed him that the amount was transferred to Jagannathan’s account.

 
ABOUT THE AUTHOR
Farhan Shaikh

Farhan Shaikh is a reporter with Hindustan Times, Mumbai. He writes for the crime and legal team, along with reportage on Mumbai traffic issues.

Stay updated with all the breaking news and latest News from Mumbai. Track comprehensive coverage of top cities across India including Bengaluru, Delhi (including Sonam Wangchuk Hunger Strike LIVE),and more, along with staying informed on the latest happenings.
Stay updated with all the breaking news and latest News from Mumbai. Track comprehensive coverage of top cities across India including Bengaluru, Delhi (including Sonam Wangchuk Hunger Strike LIVE),and more, along with staying informed on the latest happenings.
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