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Two men held for duping three firms of Rs 34 lakh
Updated On: 13 August, 2013 03:40 AM IST | | PTI
Two conmen were today arrested for allegedly cheating three companies to the tune of Rs 34 lakh by purchasing gold ornaments on behalf of these firms after exploiting the loopholes in the systems of three banks, police said today
According to Mumbai police crime branch, the accused, identified as Tejprasad Mishra (31) and Sachin Mishra (31), adopted a unique modus operandi and escaped with valuables. So far, the crime branch Unit XII has come across three similar crimes committed by the accused.
Some more people are suspected to be involved in the crime, Additional Police Commissioner (Crime) Niket Kaushik said. M R P Loddha Association, which has its account in Canara Bank, had been cheated to the tune of Rs 13.75 lakh in June and a case was registered in Azad maidan police station in south Mumbai.
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