Pune: Under the pretext of forming a partnership to start a sports centre with international quality fitness equipments, a man allegedly duped his friend for Rs 3.9 crores.The incident came to light, when businessman Vinit Grover, a resident of Rasta Peth complained to the police. A case has been registered with the Cantonment police station against Grover's friend Ketan Shah from Sopan Baug, Devendra Parekh, a resident of Bibewadi, Yogita Nibhjiya, Ramoshi Gate, Subhada Memom and Yamini Memon all residents of Nagpur. All have been booked under the relevant section of Indian Penal Code comprises of cheating and forgery. The incident took place between December 2013 till April 30, 2014.Barkat Mujavar, inspector in-charge of Cantonment police station said, "Shah had suggested Grover to start a partnership business to start a fitness and gym equipment store in the Camp under the named Sam Associates to start a business they had took a loan from bank amount Rs 3.9 crore, from Nashik. As bank guarantee Grover mortgaged his house and gold ornamnets. The bank accepted the application and transferred Rs 3.9 crore in the name of firm."Sub-inpsector DS Nikam, who is investigating the case, said, "Shah asked Grover to sign on three blank cheques for the loan application and instead used them each at different dates for transferring money to himself. Shah made a false quotation in the name of 56 blue lights and transferred all the money in that account. He did not send any equipments as mentioned in the quotation and did not return the money to Grover nor the bank. Later, one by one the partners withdrew their names from the firm and even the business went into a loss. He realised that his friend and other partners have conned him and approached us."

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