Mumbai Crime: Couple turns crorepati by duping 50 people

Updated: 05 February, 2018 17:01 IST | Samiullah Khan | Mumbai

Kandivli residents duped several people, including house help, in investment scheme

The Samta Nagar police have arrested a couple from Borivli for duping people from the low-income group on the pretext of doubling their income. According to police sources, the couple has cheated nearly 50 people, including their house help and relatives, in the last several years and accumulated wealth over Rs 3 crore.

The accused have been identified as Yogita Kinda, 38, and Shailendra Kinda, 45. A police officer said, "The duo are residents of Thakur Village in Kandivli East. They duped their house help, laundry man, an electrician, a schoolteacher, their neighbours as well as their relatives.

They collected money from these people on the pretext of doubling their income by investing in the share market."

The case came to light when Suresh Kanojiya, who collected laundry, from the couple, was duped and approached the cops. "The Kindas asked Kanojiya to pay R40,000 every month for 10 years and assured him that the money will be invested in the share market. In the last six years, Kanojiya has paid around Rs 28 lakh to the couple. Yogita told this man that she would give him R1 crore as returns. But, as Kanojiya had not received anything from the couple in the last six years, he became suspicious and approached us."

Meanwhile, Mumtaz Shaikh, their house help, has told cops that she also invested Rs 20 lakh into the Kindas’ scheme, but the returns on the money stopped reaching her after the first three months.

On January 29, based on Kanojiya’s complaint, the couple was arrested. Shailendra, however, managed to secure anticipatory bail soon after. An officer from Samta Nagar police station said, "Gradually, people are approaching us about the duo. The two accused have been booked under sections 406, 420, 506 and 34 of the IPC for fraud. Further probe is on."

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First Published: 03 February, 2018 09:20 IST

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