Archive · 25 Jul 2025
Thane Businessman Duped of Rs 1.5 Crore in Machinery Scheme
A businessman in Thane says he was tricked out of a lot of money, Rs 1.5 crore, by three people.
He runs a business and gave them the money in January to buy new machines.
The three people promised to get him the machines for his business.
Now, he has gone to the police to report that he was cheated.
A Thane businessman reported being defrauded of Rs 1.5 crore.
The alleged fraud involved three individuals promising new machinery.
The complainant is a 60-year-old powerloom owner.
The money was given in January 2024.
The incident was reported to the Shanti Nagar police station.
- Who
- A 60-year-old powerloom owner and three unidentified individuals.
- What
- A 60-year-old businessman was cheated of Rs 1.5 crore.
- When
- January 2024.
- Where
- Thane, Maharashtra.
- Why
- To procure new machinery for his textile business.
Complainant
Suspects
Nature of incident
Complainant
Victim of fraud
Suspects
Alleged perpetrators of fraud
- Victim
- 60-year-old powerloom owner
- Location
- Thane, Maharashtra
- Amount
- Rs 1.5 crore
- Date of transaction
- January 2024
- Alleged crime
- Fraud