Thane Businessman Defrauded of Rs 7 Lakh in Expansion Scam

Updated : Sep 04, 2025 10:11
|
Editorji News Desk

Thane, September 4 (PTI): Three individuals allegedly defrauded a businessman from Thane of Rs 7 lakh under the guise of assisting him in expanding his business. They then misused his company's data by hacking into its systems, the police disclosed on Thursday.

The businessman, who operates a hair oil company in Thane city, Maharashtra, fell victim to this crime over a span of three years. An Amravati-based couple, along with an accomplice from Washim, reportedly approached the businessman with promises to expand his enterprise by opening new branches, developing software, and providing trained staff.

Under these pretenses, they extracted Rs 7,01,500 from him, as per an official from the Wagle Estate police station. The accused further gained access to the company’s social media accounts and proceeded to change the login credentials.

"They infiltrated the system, reset passwords, and exploited the company's data for their own benefit," the official stated, adding that the individual from Washim aided the couple in the fraudulent activities.

Upon discovering that his data had been compromised and the funds embezzled, the businessman approached the authorities on September 1. "We have lodged a case under sections 316(2) (criminal breach of trust), 318(4) (cheating), and 3(5) (common intention) of the Bharatiya Nyaya Sanhita, along with relevant clauses of the Information Technology Act," the official reported.

(Only the headline of this report may have been reworked by Editorji; the rest of the content is auto-generated from a syndicated feed.)

Recommended For You

editorji | India

Tipra Motha youth wing protests Bangladesh leader's anti-India remarks in Agartala

editorji | India

AAP holds review meeting in Navsari ahead of municipal corporation elections

editorji | India

Parliament concludes productive winter session; Rajya Sabha 121%, Lok Sabha 111%

editorji | India

Disruptions unbecoming of MPs, says Rajya Sabha Chairman as Winter session ends

editorji | India

Winter Session of Lok Sabha ends; key bills passed, debates see politically-charged attacks