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Pune businessman duped of ₹5 crore under pretext of doubling investment

In November 2015, the complainant invested 5 crore, crediting it in the bank account of the diagnostic centre in Pune. He was expecting to receive 10 crore in 2018 however much to his shock and disappointment, the directors failed to deliver on their promise

Published on: Oct 27, 2021, 24:28:18 IST
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PUNE: The Pune police have registered a case against the directors of two companies for duping a city-based businessman of 5 crore under the pretext of doubling his investment.

The Pune police have registered a case against the directors of two companies for duping a city-based businessman of  ₹5 crore under the pretext of doubling his investment. (REPRESENTATIVE PHOTO)
The Pune police have registered a case against the directors of two companies for duping a city-based businessman of ₹5 crore under the pretext of doubling his investment. (REPRESENTATIVE PHOTO)

A complaint in the matter was lodged by Aman Gupta, 38, a resident of the Magarpatta area of Hadapsar.

Gupta told the police that the directors of a Chennai-based LLP and a diagnostic centre had offered to double his investment in three years. In November 2015, the complainant invested 5 crore, crediting it in the bank account of the diagnostic centre. He was expecting to receive 10 crore in 2018 however much to his shock and disappointment, the directors failed to deliver on their promise.

A case under sections 406, 420, 120(b) of the Indian Penal Code and section 3 of the Maharashtra Protection of Interest of Depositors Act, 1999 was registered at Bund garden police station. Assistant police inspector Harish Thakur is investigating the case.