Navi Mumbai police booked nine persons for allegedly cheating a woman and others of crores, an official said on Monday. Per a PTI report, Navi Mumbai Police registered a case against them for defrauding a 42-year-old woman from the city and other persons of Rs 2.97 crore after promising them high returns in various investment schemes. 

An official from Sanpada police station told PTI that the accused utilised the money taken from the woman and other victims to buy shared and both--movable and immovable properties over the last three years. However, the official added, that the accused did not deliver any profits or reimburse the victims for their investments.