Thane police have arrested three individuals for allegedly defrauding a 43-year-old printing and packaging professional of Rs 21 crore. The accused, identified as Pravinkumar Agrawal, Sonal Pravinkumar Agrawal, and Surendrakumar Chandra, were booked based on a complaint filed on Wednesday. According to the FIR, the accused convinced the victim to invest approximately Rs 25 crore in their venture, ‘RJ Adventures and Reality Pvt Ltd’, since 2016, promising lucrative returns. However, the complainant received no returns. Subsequently, the accused returned Rs 4 crore to the victim but evaded his attempts to recover the remaining Rs 21 crore and the promised profits on his investment.
The victim then approached the Chitalsar police station where a case was registered against the accused under relevant sections of the Indian Penal Code for cheating.
This incident highlights the rising concern of investment scams in the region. The Thane police have been actively investigating various cases of financial fraud and are working towards safeguarding citizens from falling prey to such deceptive schemes.
In another case reported in Thane, the organizer of a music festival was booked for allegedly defrauding a Navi Mumbai resident of Rs 63 lakh. This incident emphasizes the need for vigilance and thorough due diligence before investing in any venture.
The Thane police are urging citizens to be cautious of investment opportunities that promise exorbitant returns without proper documentation or verification. They are also advising individuals to conduct thorough research and consult with financial advisors before making any significant investments.
