Pune: The Pune Police have issued an alert at all airports to prevent Karan Dilip Bothra, a prime suspect in a ₹26 crore fraud case, from fleeing the country. Bothra, a resident of Pitale Nagar, Salisbury Park, is accused of cheating a construction businessman by coercing him into investing in a fraudulent steel business.
Last week, a case was registered at Chatuhshrungi Police Station based on a complaint by Nitin Suresh Agarwal, a resident of Ganeshkhind Road and the owner of Purple Construction Pvt. Ltd. Agarwal alleged that Bothra convinced him to invest in a steel and metal trading business with the promise of high returns.
Fraudulent Scheme
According to the complaint, Bothra persuaded the businessman to make multiple investments over time. To gain Agarwal's trust, Bothra issued a declaration cum undertaking document and provided checks as security for the investments. Despite these assurances, Bothra failed to return the invested funds, resulting in a financial loss of ₹26 crore.
Police Investigation and Alerts
Assistant Police Inspector (API) Dattatraya Waghmare, who is leading the investigation, stated that Bothra was summoned for questioning. However, the accused informed the police that he was out of town and would return within 2-3 days. In the meantime, Pune Police have issued an alert at all airports to ensure that the suspect does not flee abroad.
The case has brought attention to the importance of vigilance in financial dealings, as the accused is alleged to have exploited trust and legal documentation to commit the fraud. The police are continuing their investigation and efforts to ensure Bothra's cooperation in the case.
