Archive · 25 Jul 2025
Thane Businessman Duped of Rs 1.5 Crore in Machinery Scheme
A businessman in Thane, India, says he was tricked out of a lot of money, about 1.5 crore rupees.
He gave the money to three people in January 2024, hoping they would get him new machines for his textile business.
However, the machines never arrived, and the money wasn't returned.
The businessman tried to follow up with the people, but nothing happened.
To make things worse, he was also threatened.
Now, the police are involved, and the three people are being investigated for cheating and threatening behavior.
A Thane businessman was allegedly duped of Rs 1.5 crore.
The money was given to three individuals for textile machinery.
The machinery was not delivered despite repeated follow-ups.
The businessman also reported receiving threats.
The accused have been booked for cheating and criminal intimidation.
- Who
- A 60-year-old businessman and three unidentified individuals.
- What
- A businessman was allegedly cheated of Rs 1.5 crore in a machinery deal.
- When
- The money was given in January 2024.
- Where
- Thane, Maharashtra, India.
- Why
- The motive appears to be financial gain through fraudulent means.
Accused
Victim
Machinery Delivery
Accused
Accused position unknown
Victim
Victim states the accused did not deliver the machinery nor returned the money.
- Victim's Age
- 60 years old
- Location
- Thane, Maharashtra
- Amount
- Rs 1.5 crore
- Date of Payment
- January 2024
- Charges
- Cheating, criminal intimidation