Archive · 28 Jul 2026
Sailor Allegedly Cheated of ₹1.10 Crore in Russian Farmland Investment Scam
A sailor from Nallagandla was allegedly cheated out of ₹1.10 crore by someone who promised him ownership of farmland in Russia and high returns on his investment.
The accused, claiming to be a director of two companies, assured the sailor of share certificates and periodic returns.
However, despite transferring the money, the sailor did not receive any ownership documents or returns.
The accused gave various excuses for the delays.
The Cyberabad Cybercrime police have registered a case and are investigating the matter.
A Merchant Navy sailor alleged being cheated of ₹1.10 crore in a Russian farmland investment scam.
The accused, Narendra Kamal, claimed to be the director of United Farming JSC-Russia and Lentils Plus-India.
The sailor was promised ownership rights, share certificates, and high returns but received none.
The accused gave various reasons for the delay in providing documentation and returns.
The Cyberabad Cybercrime police have registered a case under the Bharatiya Nyaya Sanhita and the IT Act.
- Who
- A 46-year-old Merchant Navy sailor from Nallagandla
- What
- Alleged fraud involving a ₹1.10 crore investment in Russian agricultural land
- When
- The exact timeline of the fraud is not specified, but the complaint was recently lodged.
- Where
- Cyberabad, India
- Why
- The sailor was lured with promises of ownership rights and high returns on investment.
Complainant's Perspective
Accused's Perspective
Investment Promises
Complainant's Perspective
The sailor claims he was promised ownership rights, share certificates, and high returns but received none.
Accused's Perspective
The accused allegedly acknowledged receipt of the amount and assured the complainant that the investment process had commenced.
Documentation and Delays
Complainant's Perspective
The complainant stated that no ownership documents, land registration records, or investment agreements were provided.
Accused's Perspective
The accused gave various reasons for the delay, including travel to Russia, documentation, business commitments, and health issues.
- Complainant's Age
- 46
- Complainant's Residence
- Nallagandla
- Amount Allegedly Cheated
- ₹1.10 crore
- Accused's Claimed Position
- Director of United Farming JSC-Russia and Lentils Plus-India
- Projected Returns
- ₹27.5 lakh in the first quarter of 2026, potentially rising to ₹100 crore
- Land Allotment
- Nearly 40 hectares of farmland
- Legal Provisions
- Bharatiya Nyaya Sanhita and the IT Act