Archive · 9 Jun 2025
Printing Press Owner Cheated of Rs 14 Lakh in Loan Scam
A printing press owner in Navi Mumbai was tricked into a loan scam.
An individual named Kaushik Lathia contacted the owner in February, promising a large business loan at a low rate.
The press owner was then cheated of ₹14 lakh by the accused.
The police are now investigating the matter.
A printing press owner was allegedly cheated out of ₹14 lakh.
Kaushik Lathia contacted the victim in February.
The scam involved the promise of a ₹7 crore business loan.
The incident was reported to Navi Mumbai Police.
The victim owns a printing press in the Wadala area of Mumbai.
- Who
- Printing press owner and Kaushik Lathia
- What
- A printing press owner was cheated of ₹14 lakh in a loan scam.
- When
- February (initiation), reported June 9
- Where
- Navi Mumbai, Maharashtra, India
- Why
- The victim was offered a loan at a cheaper rate, and was scammed.
- Victim
- Printing press owner
- Amount Lost
- ₹14 lakh
- Accused
- Kaushik Lathia
- Scam Type
- Loan Fraud
- Location
- Navi Mumbai, Maharashtra, India
