Ahmedabad woman police constable alleges ₹17 lakh stock market fraud, sexual exploitation by married man

A 36-year-old woman police constable in Ahmedabad has accused a 30-year-old man of allegedly cheating her of around ₹17 lakh on the pretext of investing the money in the stock market, repeatedly promising to marry her despite allegedly being married, and having sexual relations with her on the promise of marriage.

The complainant, an Ahmedabad City Police constable, approached the police after she allegedly learnt that the man, identified as Majid Khan Sikandar Khan Chauhan, was already married and had a child. Gomtipur Police have registered a case and started an investigation.

Introduced through an SRP personnel

According to the complaint, the woman joined the Ahmedabad City Police as an armed female constable in July 2020. In April 2024, she came in contact with an SRP personnel at a Metro station.

The SRP personnel allegedly introduced her to Majid Khan, saying that he was from her native area, ran an NGO and was involved in stock market trading. He allegedly told her that he had invested money through Majid and was earning good returns.

The complainant, who was planning to buy a house, became interested in investing and contacted Majid.

According to her complaint, Majid initially told her that she would need at least ₹10 lakh to invest. He later allegedly said she could invest according to her financial capacity and claimed that he had helped several police department employees open trading accounts, from which they were earning profits.

₹6.35 lakh Invested Initially

The complainant alleged that, on Majid’s instructions, she downloaded a trading application and opened an account in her name. She said the account credentials remained with Majid, who allegedly conducted the trades on her behalf.

Between January and August 2024, she invested around ₹6.35 lakh, according to the complaint. However, the application showed a loss of around ₹50,000.