Bhopal: Investor loses Rs 13.5 lakh on promise of higher return

Bhopal: Investor loses Rs 13.5 lakh on promise of higher return

Muneer agreed and gave him the amount. Whenever Muneer used to ask Khan about the progress of the project, he used to make flimsy excuses.

Staff ReporterUpdated: Friday, March 31, 2023, 11:19 PM IST
article-image
Representative Image

Bhopal (Madhya Pradesh): Police have registered a case against a man for duping another person of Rs 13.5 lakh on the pretext of investing money in a project. Koh-e-fiza SHO, Vijay Singh Sisodia said that the complainant, Mohammad Muneer, told the police that one of his acquaintances, Shad Sikandar Khan had approached him in August 2021, offering him to invest an amount worth Rs 13.5 lakh in one of his projects. He promised the return of investment will be double the amount invested by him.

Muneer agreed and gave him the amount. Whenever Muneer used to ask Khan about the progress of the project, he used to make flimsy excuses. Later, in March 2023, when Muneer tried contacting Khan, his phone was switched off. When persistent efforts by him to reach out to Khan failed, he approached the police and lodged a complaint against him.

Further probe is underway in the case, the police said.  

RECENT STORIES

MP Shocker: Child Dies After Dilapidated Wall Of Govt Bungalow Collapses In Gwalior

MP Shocker: Child Dies After Dilapidated Wall Of Govt Bungalow Collapses In Gwalior

MP Shocker: Jilted Lover Shoots Ex-Girlfriend Dead On Her Wedding Day

MP Shocker: Jilted Lover Shoots Ex-Girlfriend Dead On Her Wedding Day

MP: Two Drunk Bikers Slap Commuters Along The Road For Fun; Accidentally Fell Down, Caught & Beaten...

MP: Two Drunk Bikers Slap Commuters Along The Road For Fun; Accidentally Fell Down, Caught & Beaten...

Chhattisgarh Deputy CM Arun Sao Calls On MP CM Mohan Yadav

Chhattisgarh Deputy CM Arun Sao Calls On MP CM Mohan Yadav

WATCH: '12th Fail' IPS Officer Manoj Sharma & Actor Sharad Kelkar Visit Homeland Gwalior-Chambal;...

WATCH: '12th Fail' IPS Officer Manoj Sharma & Actor Sharad Kelkar Visit Homeland Gwalior-Chambal;...