The Navi Mumbai police on Wednesday said they have registered a criminal offence against four persons, including a woman, for allegedly cheating investors to the tune of Rs 14.24 crore.
The offence was registered on Tuesday at the Uran police station on a complaint lodged by a group of investors.
The accused cheated the investors between January and May 2023 by operating a chit fund and promising them good returns which were never paid, said the police.
A probe was underway, they added.
Woman among four booked for cheating investors of Rs 14 crore in Navi Mumbai
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