A doctor and his three associates from a village in Maharashtra's Thane district were allegedly duped of more than Rs one crore by a Chennai-based company on the promise of giving a loan of Rs 10 crore, police said.
The victims are from Sonarpada village near Dombivli, they said.
Based on the complaint lodged by Dr Harshavardhan Thakur, a case was registered under Indian Penal Code (IPC) section 420 (cheating) and 406 (criminal breach of trust) against the company and its director and others linked to the firm, a police official said.
In the complaint, the victim said that in December 2020, the company and other accused promised to arrange a loan of Rs 10 crore. They took Rs 82.50 lakh from the victim in several instalments, but never arranged any loan. After the victim confronted the company, it returned Rs 30.30 lakh to him, but the remaining amount remained unpaid.
The company also cheated three others in a similar manner and the amount collectively involved is Rs 1,08,60,000, the complaint said.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Featured Video Of The Day
Twisha Sharma Case Latest | 'Twisha Bipolar, Relationship Troubled': CBI To Decode Husband's Claims
Techie Warns Young Couples To Skip High-Rises: "Old People On Power Trips" Pak May Need New Passports If It Accepts Trump's Abraham Accords Proposal Siddaramaiah To Resign, Congress Bosses Back DK Shivakumar: Sources 1 Dead, Several Injured After Chemical Tank Implodes At Washington Mill: Report Pregnant Woman Jumps To Death In Delhi; Family Alleges Dowry Torture: Cops Trump Reports 'Perfect' Annual Medical Checkup Ahead Of 80th Birthday Track Latest News Live on NDTV.com and get news updates from India and around the world.