Archive · 30 Nov 2025
Gold Trader Duped in Mumbai Fraud
A gold trader in Mumbai was tricked by four people who pretended to be government officers.
They convinced the trader to give them a lot of money and valuable jewellery by saying they needed it for important things.
After getting the money and jewellery, the tricksters disappeared.
The trader then went to the police, and now the police are trying to find the people who did this.
Gold trader Shailesh Kantilal Jain was cheated of ₹2,80,06,503 in cash, gold, and diamond jewellery.
Four individuals posed as Class-1 government officers to gain the trader's trust.
The fraud took place at JK Jewellers in Zaveri Bazaar, Mumbai.
The accused disappeared after receiving the money and jewellery, prompting the trader to file an FIR.
Police have registered the FIR and are investigating to trace the accused.
- Who
- Shailesh Kantilal Jain (victim), Birju Kishor Salla, Vaibhav Paresh Thakkar, Priyanka Vaibhav Thakkar Jain, Surekha Arvind Jain (accused)
- What
- Gold trader cheated of ₹2,80,06,503 in cash, gold, and diamond jewellery
- When
- Exact dates not specified, but FIR registered recently
- Where
- Zaveri Bazaar, Mumbai
- Why
- Accused posed as government officers to gain trust and extract money and valuables
- Victim
- Shailesh Kantilal Jain (57), gold trader from Zaveri Bazaar
- Accused
- Birju Kishor Salla, Vaibhav Paresh Thakkar, Priyanka Vaibhav Thakkar Jain, Surekha Arvind Jain
- Amount Cheated
- ₹2,80,06,503 in cash, gold, and diamond jewellery
- Fraud Location
- JK Jewellers, Office No. 30, 3rd Floor, Giriraj Building, Zaveri Bazaar
- FIR Registered
- Yes, at LT Marg Police Station
- Charges
- Cheating and criminal breach of trust
- Police Action
- Investigation underway to trace the accused
Sources
Palghar Crime: Habitual Fraudster Arrested For Cheating Bhayandar Gold Trader Of Jewellery Worth ₹27.5 Lakh Using Fake Property Deal
Mumbai Fraud: Father–Son Trio Booked For Cheating Lawyer And Builder Of ₹1.30 Crore In Loan Scam
Mumbai Fraud: Zaveri Bazaar Gold Trader Duped Of ₹2.80 Crore By 4 Posing As Govt Officers; LT Marg Police Register FIR
