Businessman duped of Rs 40 lakh in NGO donation, investment scam

 

 

 

 

A city businessman has been defrauded of Rs 40 lakh by an organised gang that lured him with promises of high returns and tax exemption through NGO donations and investment schemes. The Cyber and Crime Branch police have registered a case and initiated a detailed investigation against the inter-state gang. The victim, Dharmendra Jajavara, a resident of Saket Nagar and a businessman, filed a complaint with the police.

 

According to the complaint, the fraudsters posed as representatives of a social organization and an investment company. They claimed that donating would provide tax relief and investing would yield guaranteed profits. The scammers sent an application form, falsely claiming the NGO was registered in Maharashtra, detailing the donation amount as Rs 40 lakh. Gained Trust with Forged Documents:

 

The investigation revealed that the gang sent a forged donation letter (LC- 649/2025) with fake signatures and scanned bank documents to gain the businessman’s trust. Believing these fake documents, the businessman transferred the money into several bank accounts specified by the fraudsters. The swindled amount was transferred to various bank accounts, including those in Deutsche Bank (Germany), Axis, Bandhan and IDFC Bank.

 

The funds were channelled to accounts associated with suspicious companies named Pidilite Industries, Ved Kirti Infra Projects, Shrim Nivesh, and Reddy Go Motors Private Limited. Police investigation found the documentation for these companies to be fraudulent as well. Identification of Gang Members:

 

The fraudsters used multiple mobile numbers for the scam, tracing connections to Indore, Bhopal, and Mumbai. Individuals named Mukesh Patil, Swati Rao, Thakur Mohan, and Ajay Kumar have surfaced in the investigation. These individuals continuously gained the businessman’s confidence through video calls, mobile calls, and WhatsApp messages.

 

The fraud was exposed when the businessman failed to receive the NGO’s Certificate of Approval and the promised tax relief certificate. An inquiry with the concerned bank revealed that the accounts to which the money was transferred were linked to bogus companies.

 

According to police officials, this is an organised inter-state fraud gang operating in Bhopal, Indore, and Maharashtra under the guise of NGO donations. Cyber Police teams are intensively investigating the matter based on the transaction details and call records of the accused’s bank accounts.