Five years after investment, elderly woman realises she has been duped
Foreign investment dupe caseUnsplash

Five years after investment, elderly woman realises she has been duped

Based on her complaint, police have registered FIR against three suspects. One of the suspects is the owner of Sai Investments.

Pune: A 61-year-old woman and her husband have been duped of Rs 4.85 lakh by three persons including the owner of Sai Investments company with office located at Gomanti Apartment in Patwardhan Baug at Erandwane.

The woman has filed a complaint in this regard at the Alankar police station. Based on her complaint, police have registered FIR against three suspects. One of the suspects is the owner of Sai Investments.

The suspects have been booked under sections 406 (punishment for criminal breach of trust), 419 (punishment for cheating by personation), 420 (cheating and dishonestly inducing delivery of property) and 34 (acts done by several persons in furtherance of common intention) of the Indian Penal Code.

According to the complaint, the woman and her husband were approached by the suspects in December 2015. They gained the confidence of the elderly couple. The suspects informed the complainant that they run a company called Sai Investments and they invest money in international markets.

The suspects then lured the elderly couple by falsely claiming that they give 25 per cent return on investment if anybody invests in their company. The suspects also claimed that they had several senior citizens as their investors.

The complainant had invested an amount of Rs 4.85 lakh with the company, but they did not get their promised returns from the suspects even after five years of the investment. When the complainant realised that they had been duped by the suspects, she approached Alankar police station and registered her complaint. Police Sub-Inspector Dasgude is investigating the case.

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