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Nagpur businessman falls for ‘high’ returns on investment, loses Rs 7.63 crore
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....agpur businessman falls for ‘high’ returns on investment, loses Rs 7.63 crore <br>PTI News<br>Dated:- 4-1-2025<br>PTI<BR>Nagpur, Jan 4 (PTI) A couple has been booked after a 41-year-old businessma....
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....n from Nagpur accused them of cheating him of Rs 7.63 crore under the pretext of “high” returns on investment, an official said on Saturday. Complainant Jitendra Narhari Joshi alleged that Jayan....
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....t Gulabrao Supare (43) and his wife Kesari (35) persuaded him to invest in a company promising a 35 per cent annual return, said the official from MIDC police station. According to police, Joshi ear....
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....ned good money initially which encouraged him to invest heavily. He collectively shelled out Rs 7.63 crore, the official said, citing the complaint. However, the couple abruptly stopped making any p....
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....ayments after mid-2024. When Joshi repeatedly contacted them for the promised returns, they ceased all communication. The case has been handed over to the Economic Offence Wing for further investiga....
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....tion, the official added. PTI COR NR<BR> News - Press release - PIB....