Man held from Gujarat for cheating Mumbai trader

The accused contacted the complainant by a text message and the transactions took place through national electronic funds transfer (NEFT).

Updated on: Aug 9, 2019, 02:23:45 IST

Mumbai | By Jayprakash Naidu

Prefer HTon Google

Share via

Copy link

Nirmal Nagar police in Bandra (East) arrested a 34-year-old man from Surat on Thursday for allegedly cheating a 49-year-old share trader of ₹2.70 lakh by luring him to invest in forex trading last month.

The accused contacted the complainant by a text message and the transactions took place through national electronic funds transfer (NEFT). A police officer said, “The accused had received the money in his own bank account and had no intent to cheat the complainant. But the firm he had invested in incurred heavy losses.”

ABOUT THE AUTHOR
Jayprakash Naidu
Jayprakash works with the Crime team and covers Western suburbs. He also covers EOW , Cybercrimes.

Catch every big hit, every wicket with Crickit, a one stop destination for Live Scores, Match Stats, Infographics & much more. Explore now!

Stay updated with all the Breaking News and Latest News from Mumbai. Click here for comprehensive coverage of top Cities including Bengaluru, Delhi, Hyderabad, and more across India along with Stay informed on the latest happenings in World News.