💨 Abstract

Mumbai police have registered a case against three individuals for cheating approximately 20 people out of Rs 12.7 crore. The fraud involved luring victims with promises of attractive returns on investment, but no returns were given. The case was filed after a Kandivali resident, a senior employee at a private company, failed to receive his investments back. Over 20 people were collectively defrauded, and a probe is currently underway.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖