A businessman from Mumbai has allegedly been defrauded of ₹23 crore by three individuals who promised to secure bank no-objection certificates (NOCs) after clearing his dues, according to an official statement on Tuesday. The Dahisar police have registered an FIR against the accused and initiated a probe to apprehend them.
Businessman Entrusts Trio With Bus Sale and Bank Settlements
The complainant, 58-year-old Manohar Govind Sakpal, who operates a transport business and owns 117 buses, hired three men—Vaibhav Ravindra Kumar Sharma, Jitendra Gullu Thadani, and Sunil Gullu Thadani—to sell his buses, which were purchased through bank loans. Sakpal entrusted the trio with the task of selling the buses, settling the bank dues, and obtaining NOCs from the lenders after completing a one-time settlement, according to the Dahisar police station official.
Fraudulent Agreement and Misuse of Funds
The trio entered into an agreement with Sakpal to execute the sale of the buses and handle the bank settlements. They allegedly took ₹23 crore from Sakpal to fulfill these obligations. However, they failed to complete the tasks and did not return the money, raising suspicions. When Sakpal inquired about the status of the work, the accused were unable to provide satisfactory responses.
Legal Action and Investigation
Realizing he had been defrauded, Sakpal approached the Economic Offences Wing (EOW) of the Mumbai Police, which led to the registration of an FIR on Monday at the Dahisar police station. The case has been filed under relevant sections of the Bharatiya Nyaya Sanhita, including charges of cheating.
The EOW has launched an investigation and is actively working to apprehend the three accused individuals involved in the scam. The police are continuing their efforts to bring the culprits to justice and recover the stolen funds.