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Nagpur businessman falls for ‘high’ returns on investment, loses Rs 7.63 crore

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..... Nagpur businessman falls for ‘high’ returns on investment, loses Rs 7.63 crore - PTI News Dated:- 4-1-2025 PTI - News - Nagpur businessman falls for ‘high’ returns on investment, loses Rs 7.63 crore - .....

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..... - - Dated:- 4-1-2025 - Nagpur, Jan 4 (PTI) A couple has been booked after a 41-year-old businessman from Nagpur accused them of cheating him of Rs 7.63 crore under the pretext of “high” returns on in .....

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..... vestment, an official said on Saturday. Complainant Jitendra Narhari Joshi alleged that Jayant Gulabrao Supare (43) and his wife Kesari (35) persuaded him to invest in a company promising a 35 per cen .....

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..... t annual return, said the official from MIDC police station. According to police, Joshi earned good money initially which encouraged him to invest heavily. He collectively shelled out Rs 7.63 crore, t .....

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..... he official said, citing the complaint. However, the couple abruptly stopped making any payments after mid-2024. When Joshi repeatedly contacted them for the promised returns, they ceased all communic .....

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..... ation. The case has been handed over to the Economic Offence Wing for further investigation, the official added. PTI COR NR - - News - Press release - PIB Tax Management India - taxmanagementindia - .....

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..... taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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