Bengaluru businessman cheated by middleman with Counterfeit Notes Worth Rs.25 Lakhs

Pramesh S Jain & Binish Thomas (Sub-Editor)

The Central Crime Branch officials on Monday registered a cheating case against a middleman for cheating a 62-year-old businessman with Rs.25 lakh which is part of the business loan that he had borrowed from his friend in Delhi .

The victim,Prem Kumar Jain,resident of VV Puram and owns a readymade garment shop in Chickpet sought the help of his friend in Delhi seeking a loan of Rs.25 lakh to expand his business .

His friend identified as Mahi agreed to help and asked him to take the cash in Delhi.Meanwhile Mr.Jain was approached by a person identified as Jayesh and offered to deliver the cash in city while taking the same amount of money from Mahi through his friend.

Since it was a time saving and hassle free instant cash delivery, Mr.Jain agreed to the preposition.As part of the deal,Jayesh called Mr.Jain asking him to come near Jain temple near Nagarathpet to get the cash.

Mr.Jain reached the spot and found a man carrying a transparent plastic cover with five bundles of currency notes in it containing Rs.500 denomination.

It was heavy rush Mr.Jain did not check the cash and confirmed to Mahi through phone that he had received the money,following which Mahi handed over Rs.25 lakh cash to Jayesh’s contact who was sitting with Mahi at that time .

The cheating came to light when Mr.Jain went home and found few Rs.500 notes on top of the currency bundles and the rest of them are blank papers cut into currency size.

Mr.Jain out of shock went to the doctor and under treatment for few days before approaching the police.

The CCB officials have registered a case against Jayesh charging him under counterfeit,criminal breach of trust and cheating for further investigation said a senior officer.