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  • Friday, 30 January 2026

Businessman duped of Rs 11.50 crores, promising Rs 200 cr loan in Mumbai

A Ghatkopar businessman was promised a Rs 200 crore interest-free loan. He was duped of Rs 11.50 crores by individuals claiming to have Rs 300 crore cash in a Bihar godown. The accused demanded money to redeem the cash. The businessman transferred funds but was defrauded. The accused disappeared, leaving the businessman with significant losses.

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