On Friday, LT Marg police arrested a 28-year-old employee of a Mumbai-based gold consignment delivery firm for cheating the firm of Rs 3.85 crore between March to December 2015.
<img title="Mumbai crime: Man held for cheating firm out of Rs 3.85 crore" src="http://images.mid-day.com/images/images/2015/feb/arabic-teacher-molestation.jpg" alt="Mumbai crime: Man held for cheating firm out of Rs 3.85 crore" width="670" height="334" /> Representational picture
The accused, a resident of Lal Baug, identified as Vikas Jain, was working at Wholesale Jeweller Yash Gold, which has been delivering gold consignments across the country, since 2009.
In March last year, Jain took a delivery for Delhi-based Yash Gold from the Mumbai office but never made it. Instead, he kept the 13-kg consignment with him.
In December, when owner of the Mumbai office, Surendra Rathod, inquired about payment for the consignment, Jain said it was pending. Rathod soon learnt that there had been no transaction in Delhi for over six months. Rathod confronted Jain, who confessed to the crime and promised to return the amount in installments, from January to June 2016. Instead, he lodged a complaint against Rathod for having forced him to sign a bond, stating that he was obliged to pay up. When investigations revealed otherwise, the police lodged an FIR of cheating and arrested Jain on Friday. The FIR mentions that his four family members are also absconding. Jain has been remanded to police custody till March 3. Rathod&rsquo;s advocate, Sunny Punamiya, said, &ldquo;It was a well-planned conspiracy by Jain and his family. We have evidence.&rdquo;

On Friday, LT Marg police arrested a 28-year-old employee of a Mumbai-based gold consignment delivery firm for cheating the firm of Rs 3.85 crore between March to December 2015

Mumbai crime: Man held for cheating firm out of Rs 3.85 crore

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Mumbai crime: Man held for cheating firm out of Rs 3.85 crore

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