- A 60-year-old powerloom owner from Thane was cheated of Rs 1.5 crore in January 2024
- The owner paid three persons to procure new machinery for his textile business
- The accused did not deliver the machinery or return the Rs 1.5 crore to the owner
A 60-year-old powerloom owner from Maharashtra's Thane district has alleged that three persons cheated him of Rs 1.5 crore under the pretext of getting new machinery for his unit, an official said on Friday.
In his complaint to the Shanti Nagar police station in the Bhiwandi area, the man said he gave the money to the trio in January 2024 to procure equipment for his textile business.
However, despite repeated follow-ups, the accused persons neither delivered the machinery nor returned the Rs 1.5 crore to the complainant, the official said, citing the FIR registered on Wednesday.
The businessman has also accused the trio of issuing threats to him.
The accused have been booked for cheating, criminal intimidation and other charges under the Bharatiya Nyaya Sanhita, the official said, adding that a probe is underway.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Track Latest News Live on NDTV.com and get news updates from India and around the world
