Kolhapur: Three booked for cheating man of Rs 24 lakh

KOLHAPUR: Three people have been booked by Ichalkaranji police for allegedly cheating a man to the tune of Rs 24 lakh on the pretext of doubling his money.
The complainant, Sachin Vishwanath Patil, is a resident of Gauri Shankar Nagar in Tardal of Hatkanangle taluka. According to police, the incident took place between January 2019 and February 2020.
“The suspects contacted Patil and told him that they have amassed lot of money through the online lottery business. They told him that they can double his investment in two years. Believing them, he handed over Rs 24 lakh. They agreed to pay him the profit in intervals. After few months when the complainant went to ask them about the profit amount, he suspects said they can’t pay him anything as they have invested the entire money in online lottery business. Realising that he has been cheated, Patil lodged a police complaint,” a police officer said.
“We have registered a case against the trio under sections 420 (cheating and dishonestly inducing delivery of property) and 406 (punishment for criminal breach of trust) of the Indian Penal Code. We are investigating the case and will soon take action against them,” he added.