Four from Gujarat-based stock broking firm booked for cheating

The Pimpri-Chinchwad police booked four people from a stock broking firm in Gujarat for duping a man from Chinchwad of ₹40

The Pimpri-Chinchwad police booked four people from a stock broking firm in Gujarat for duping a man from Chinchwad of ₹40.2 lakh within a month between February and March.

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The four booked in the case were identified only as Prakash bhai, Anil bhai, Anil Sutar and Priya Patel, all believed to be residents of Gujarat.

A complaint in the matter was lodged by Ajit Krushnaji Devale (57), a resident of Link road in Chinchwad.

Devale who holds a job in a private company, was approached by Priya Patel between February 3 and March 8 and she convinced him to invest in the share market through the two men to whom she introduced him.

Through multiple transactions, Devale sent ₹50,02,000 to the bank account of the two men identified only as Anil and Prakash bhai.

Over the months, Devale received ₹9, 77,110 but the accused failed to return the remaining ₹40, 24,890 to the complainant. He then approached the police and lodged a complaint.