Home / Mumbai / Mumbai Crime News / Article / Mumbai Crime: 11 investors cheated of Rs 2 crore in investment scam; 1 held, 2 booked

Mumbai Crime: 11 investors cheated of Rs 2 crore in investment scam; 1 held, 2 booked

Complainant Mohammed Irfan Khan (28), who runs a catering business in Malwani, approached the Malvani police and registered a complaint in the month of January this year

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Representative image

The Malwani police have booked three and arrested a software engineer who along with his younger brother and one friend allegedly duped more than Rs 2 crore of 11 investors on the pretext of giving a huge return on their investment amount every month.

The arrested accused has been identified as Kishan Katnhar (34), Niraj Katnhar (31) and Anwar Ansari (28) who is Niraj’s friend.

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