Two businessmen booked for Rs 78 lakh fraud in Nagpur

Two Ahmedabad-based businessmen have been booked for allegedly committing a fraud of Rs 77.85 lakh, police said on Monday.

Two Ahmedabad-based businessmen have been booked for allegedly committing a fraud of Rs 77.85 lakh, police said on Monday.

HT Image

The duo-identified as S K Shukla and Vasant Shukla duped a pharma company in Nagpur by furnishing a bogus bank document, they said.

The Shuklas had lifted 24 tonnes of paracetamol powder from the pharma company by furnishing a letter of credit by the HDFC bank, police said.

When the pharma company owner Mohammad Mobinoor Abdul Rehman, approached the bank, it returned the document rejecting it as bogus, following which he lodged a complaint, they said.

Police have registered offences against the duo under section 468, 471, 420 and 34 of IPC.