Archive · 23 May 2025

Nagpur Businessman Arrested for Rs 36 Crore Steel Fraud

Nagpur Businessman Arrested for Rs 36 Crore Steel Fraud

A businessman from Nagpur was arrested for tricking a Mumbai company.

He took over 36 crore rupees from the company, promising to deliver steel.

However, he never sent the steel.

Instead, he spent the money on himself and his family.

The police caught him and are now looking into how he spent all the money and if his family was involved.

He was already in jail for another financial crime when the police arrested him.

Sources