Mumbai Crime: Man held for cheating businessman of Rs 15 lakh in Charkop

Updated: 21 August, 2018 17:15 IST | Samiullah Khan | Mumbai

Accused asked the businessman to invest money in a scheme with the promise that money would double in six months

Sanjeev Malhotra was remanded in police custody
Sanjeev Malhotra was remanded in police custody

The Charkop police have arrested a 38-year-old for cheating a businessman of Rs 15 lakh. The police were on the lookout for the culprit for over a year. Police said the accused, Sanjeev Malhotra, has cases of cheating against him in Delhi and Karnataka.

According to the details of the case, businessman Anil Mistry from Charkop, who was a friend of Malhotra invested Rs 15 lakh in a scheme on the insistence of Malhotra who guaranteed the money would double in 6 months. As Mistry knew him, he invested the money in 2015 but didn't get it back. 

He then filed a case in 2017 and alleged that whenever he tried to contact Malhotra, he was told by his wife that he was abroad. Mistry's lawyer, SK Mishra, said that the accused has cases registered against him in Karnataka and Delhi, and he was arrested after a specific tip-off. He was produced in court on Sunday and remanded in police custody for three days.

Also Read: Mumbai Crime: 6 kg gold worth over Rs 1-crore seized at International airport

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First Published: 20 August, 2018 16:04 IST

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