In Thane, Mumbai, the police has filed a case against a jeweller who belongs to Rajkot, Gujarat. Allegedly, the jeweller has performed fraudulent activity towards a Gold Merchant based in the city. As per a recent statement, the victim has lost Rs.71.18 Lakh.The Gold Merchant provided the jeweller with ornaments on July 2nd,2023 of worth Rs.71.18 Lakh on credit. Unfortunately, the accused did not make the payment and gave indefinite responses which made the Gold Merchant file a complaint with the Thane Police at the Wagle Estate Station. The Gujarat Jeweller prompted the Merchant to reach out to the Police.
The case has been registered on Monday,January 1st 2024.Reports by the PTI cite relevant sections of the Indian Penal Code, including 420 (Cheating) and 406 (Criminal Breach of Trust). Investigation is going on.The tremendous pressure a person faces when one incurs a loss is extravagant. Being defrauded and loosing so much money not only causes a financial crunch but also pushes the person in an unpleasant state of mind.
It is extremely easy for people to steal money and manipulate the situation. Business-Credit is a very common activity. Refusal or Impotency to repay a person also takes place. Several times people do not reach out to the Police for involvement as they either do not have documentation to prove the transaction or do not want to ruin their relationship but they too endure constant stress and anxiety which leads to unfortunate circumstances.