Mumbai: A 75-year-old retired woman, Elizabeth Lu Ailer, a resident of Andheri (West), has filed a complaint with DN Nagar Police Station, alleging that she was duped of Rs 2.68 crore by a couple identified as Radhey Waghole and his wife Bhavana Waghole.
According to the complaint, the incident took place at the one Private Bank branch in Juhu. The accused, Radhey Waghole, allegedly gained the complainant’s trust by offering investment advice and misleading her into sharing one-time passwords (OTPs) received on her mobile phone. Using this sensitive banking information, Waghole is said to have diverted her investment funds into his own accounts for personal gain.
The complainant stated that Radhey Waghole had assured her of an 18% return on investment, claiming it would be handled through Private Bank. However, neither the promised returns nor the invested capital was returned. It has also been revealed that Waghole opened a demat account in her name at BRJ without her knowledge or consent and began using it.
Furthermore, the complainant alleged that both Radhey and his wife Bhavana misused her personal and financial information. She suspects that bank officials from One of the Private Bank colluded in the fraud, as Waghole, being a bank employee, may have accessed her private account details due to his position.
Despite being made aware of the unauthorized access and financial misconduct, the bank allegedly failed to take any corrective measures or return the defrauded funds.
Based on these allegations, DN Nagar Police have registered an FIR against Radhey and Bhavana Waghole. The case is under investigation.
