A case of financial deception involving Rs 32 lakh has surfaced in the Aishbagh area, where a father-son duo allegedly exploited personal family ties to defraud an elderly resident. Following a detailed investigation into the complaint lodged by the victim, the Aishbagh police have registered a case under relevant sections of fraud and breach of trust against the accused. The perpetrators reportedly took a substantial sum under the pretext of business requirements and later refused to settle the outstanding balance. The complainant, 63-year-old Gopaldas Maheshwari, a resident of Housing Board Colony, stated that his acquaintance, Girjesh Gupta, had approached him seeking financial assistance for business expansion. Relying on their long-standing friendship,

 

Gopaldas and his son, Kavish Maheshwari, transferred a total of Rs 50.77 lakh to the accounts of Shubham Gupta and Girjesh Gupta through various online installments between 2021 and 2024. The victims believed the funds were being utilised for legitimate commercial purposes. During the investigation, the police scrutinised bank statements from Punjab National Bank and records associated with ‘Golden Era Gym.’ The financial audit revealed that while the victims had provided over Rs 50 lakh, the accused had only returned approximately Rs 22.82 lakh over time. When pressured to return the remaining amount, the accused allegedly began misleading the family.

 

Digital transaction records and bank statements have served as crucial evidence in confirming the fraudulent intent of the father-son duo. During interrogation, the accused, Shubham Gupta, claimed before the police that he had returned Rs 15.25 lakh in cash and that the entire debt had been settled. However, the complainant’s side categorically rejected these claims, asserting that no such cash payment was received. Police findings indicated lack of documented proof for the alleged cash repayment, leading to the conclusion that the accused intentionally caused a significant financial loss to the victim’s family. Based on the inquiry and available evidence, the Aishbagh police have booked Shubham Gupta and others under the relevant sections of the Bharatiya Nyaya Sanhita (BNS). The investigation has now been widened to determine whether the defrauded amount was funnelled into any other illegal activities or diverted elsewhere.