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Navi Mumbai: Man cheated of Rs 60,000 on pretext of foreign currency exchange; 7 held

Updated on: 28 February,2024 11:53 AM IST  |  Thane
mid-day online correspondent |

The incident took place on February 23 in Vashi area of Maharashtra's Navi Mumbai township

Navi Mumbai: Man cheated of Rs 60,000 on pretext of foreign currency exchange; 7 held

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The Navi Mumbai police have arrested seven persons for allegedly cheating a 37-year-old man of Rs 60,000 on the pretext of providing foreign currency exchange, an official said on Wednesday, reported news agency PTI.


The incident took place on February 23 in Vashi area of Maharashtra's Navi Mumbai township.


The accused called the victim, a mobile repair shop owner from Kurla in neighbouring Mumbai, near a lodge in Vashi and offered him US dollars in exchange of the Indian currency, assistant police inspector Pawan Nandre said, reported PTI.


The victim allegedly paid them Rs 60,000, but they did not provide him the foreign currency in exchange, he said.

Following the victim's complaint, the police arrested seven persons for cheating the man on pretext of foreign currency exchange, hailing from Jharkhand, on February 24 and booked them under Indian Penal Code sections 420 (cheating) and 34 (common intention), the official said, reported PTI.

Efforts were on to nab two more persons involved in the offence, he said.

Also Read: Thieves break into Navi Mumbai temple, take away Rs 20,000 from donation box

In another case, the Navi Mumbai police have registered a case against two persons for allegedly cheating a Solapur-based businessman of Rs 1 crore, an official said on Tuesday, reported PTI.

Based on a complaint lodged by the businessman, a case under sections 420 (cheating) and 406 (criminal breach of trust) of the Indian Penal Code was registered at Vashi police station, senior inspector Madhukar Bate said, reported PTI.

The accused, Manish Shinde, a resident of Baramati, and Gurupreet Singh, allegedly lured the victim to invest in some companies dealing in pipes in Mumbai, and earn good returns within a couple of days, he said, reported PTI.

The businessman allegedly collected money from local farmers, put in his own money and handed over Rs 1 crore to the accused between February 16 and 26. However, the accused started giving him evasive replies when he sought returns on his investment, the official said.

Meanwhile, a 38-year-old man has been arrested on charges of sodomising an eight-year-old boy in Navi Mumbai, police said on Monday, reported PTI.

An officer of the Khandeshwar police station said a case under relevant sections of the IPC like 377 (unnatural offences) and 506 (2) (criminal intimidation) and provisions of the Protection of Children from Sexual Offences Act (POCSO Act) was registered against the accused, identified as Sanaull Hakim Sheikh, a resident of Masjid Bunder in Mumbai, reported PTI.

(With inputs from PTI)

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