Mumbai Crime: 33-Year-Old Man Duped Of ₹3 Lakh In Fake Dollar Exchange Scam

Mumbai Crime: 33-Year-Old Man Duped Of ₹3 Lakh In Fake Dollar Exchange Scam

A 33-year-old Mumbai resident was allegedly cheated of Rs 3 lakh by three fraudsters who promised discounted US dollars. The scammers collected the money in Navi Mumbai's Ghansoli area between October 18-20 but failed to deliver the currency. Following the victim’s complaint, Rabale police registered an FIR and began investigating the case.

PTIUpdated: Sunday, October 26, 2025, 03:19 PM IST
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Mumbai Crime: 33-Year-Old Man Duped Of ₹3 Lakh In Fake Dollar Exchange Scam | File Pic (Representative Image)

Thane: A Mumbai resident has allegedly been cheated of Rs 3 lakh by three persons under the pretext of exchanging discounted US dollars, Navi Mumbai police said on Sunday.

The fraudsters contacted the 33-year-old victim, a resident of Kandivali in Mumbai, from different mobile numbers between October 18 and 20 and offered him USD at cheaper rates, an official from Rabale police station said.

They collected Rs 3 lakh from the victim in Navi Mumbai's Ghansoli area but did not give him the US dollars in exchange as promised. When the victim contacted them they became responsive, following which he approached the police, the official said.

Based on the complaint, the Rabale police in Navi Mumbai on October 23 registered an FIR against the three fraudsters under sections 381(4) (cheating) and 3(5) (common intention) of the Bharatiya Nyaya Sanhita.

A probe was on into the case, the police added.

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