Maharashtra: Fraud of Rs 46 lakh on the pretext of bumper returns in investment, case registered

Maharashtra: Police have registered a case against five unidentified persons for allegedly cheating a person of over Rs 46 lakh by luring him with good returns on investment in Maharashtra’s Raigad district, police officials said on Saturday. Based on the complaint of the 34-year-old victim, police on Thursday registered a case against the five accused under sections 406 (criminal breach of trust), 420 (cheating), 419 and 34 of the Indian Penal Code along with relevant sections of the Information Technology Act, an official of the Kharghar police station said.

Police have registered a case against five unidentified persons for allegedly cheating a person of over Rs 46 lakh by luring him with good returns on investment in Maharashtra’s Raigad district, police officials said on Saturday. An official of Kharghar police station said that based on the complaint of the 34-year-old victim, the police on Thursday registered a case against the five accused under sections 406 (criminal breach of trust), 420 (fraud), 419 and 34 of the Indian Penal Code along with relevant sections of the Information Technology Act.

During this time, with the help of the fraudsters, the victim invested Rs 46.23 lakh in investment and business. A few days later, when the victim checked his account, he found that he had made a profit. However, when he tried to withdraw the investment and earned money from the account, he failed. After this, the victim contacted the fraudsters but the accused did not respond. The officer said that after realizing the fraud, the victim lodged a complaint. He said that the investigation of the case is going on.