Archive · 2 Jan 2026
Businessman Duped of Rs 50 Lakh in Cooking Oil Deal
A businessman in Thane district was tricked by two people who promised to sell him cooking oil at a lower price than usual.
They said he could make a lot of money by reselling it.
The businessman believed them and gave them Rs 50 lakh in small amounts.
But the two people never gave him the oil and stopped talking to him.
The businessman then went to the police.
The police are now trying to find the two people who tricked him.
A businessman from Thane district was duped out of Rs 50 lakh by two individuals who promised to supply cooking oil at reduced rates.
The accused, Mukesh Pandey and Pallavi Raut from Pune, assured the businessman of substantial profits from reselling the oil.
The fraud took place between August 2020 and May 2021, with the businessman transferring the money in several installments.
The accused never delivered the promised consignment of cooking oil and became incommunicado when the businessman sought a refund.
The businessman filed a police complaint on December 31, 2023, and efforts are being made to trace the accused.
- Who
- A businessman from Ambernath, Thane district, and two accused persons, Mukesh Pandey and Pallavi Raut from Pune
- What
- The businessman was duped out of Rs 50 lakh in a fraudulent cooking oil deal
- When
- The fraud took place between August 2020 and May 2021, and the complaint was filed on December 31, 2023
- Where
- The incident occurred in Thane district, Maharashtra, and the accused are from Pune
- Why
- The accused promised to supply cooking oil at reduced rates and assured substantial profits, but never delivered the consignment
- Amount Duped
- Rs 50 lakh
- Accused Persons
- Mukesh Pandey and Pallavi Raut
- Location of Accused
- Pune
- Complainant's Location
- Ambernath, Thane district
- Fraud Period
- August 2020 to May 2021
- Complaint Filed
- December 31, 2023