In a significant financial fraud case, the Neelganga police in Ujjain have registered a case against two individuals for allegedly cheating a local woman out of a staggering sum of Rs 1.85 crore. The accused reportedly lured the victim with the promise of a lucrative partnership in a private machine repair company.
The Complaint and the Accused
According to official information provided by Tarun Kuril, the in-charge of the police station, the complainant, identified as Vijaya, a resident of Keshav Nagar, approached the authorities with her grievance. In her detailed complaint, she stated that she was approached in 2023 by two men: Nishikant Mishra from Misrod in Bhopal and Sanjeev Kumar from Singrauli.
The duo presented her with an attractive business proposition. They promised her a partnership stake in a new machine repair company they claimed to be establishing. Convinced by their assurances of high returns and a stable business venture, Vijaya agreed to invest her money.
Modus Operandi of the Scam
The accused meticulously built a facade of a genuine business opportunity to gain the victim's trust. Over time, they persuaded her to hand over funds totalling Rs 1.85 crore, which translates to 18.5 million rupees. The money was supposedly her investment for becoming a partner in the firm.
However, after collecting the massive amount, the promises made by Mishra and Kumar evaporated. The proposed machine repair company never materialized, and the two individuals became unresponsive, cutting off all communication with the investor.
Police Action and Investigation
Realizing she had been defrauded, Vijaya filed a formal complaint at the Neelganga police station. Based on her allegations, the police have booked both Nishikant Mishra and Sanjeev Kumar under relevant sections of the Indian Penal Code pertaining to cheating and criminal breach of trust.
The case, registered on Thursday, is now under active investigation. Police are working to trace the accused and uncover the trail of the defrauded money. This incident serves as a stark warning against investment offers that seem too good to be true.
Authorities urge citizens to exercise extreme caution and conduct thorough background checks before investing large sums in any private business venture, especially with individuals they do not know well.
