<img src="https://static.gujaratsamachar.com/content_image/content_image_e84f61aa-636a-4056-8f98-f5a14772be5f.jpeg" data-filename="content_image_36276ad5-24c0-4e0b-8e7e-3c422ac9db7b.jpeg" style="width: 100%;"> A man in Ahmedabad, along with his wife and son, duped a businessman and landlords in Ahmedabad and Vadodara.According to a complaint filed by Sanjay Kahare, a resident of Radhe Bungalows in Kalol, Gandhinagar, he was introduced to Bharat Shah, who frequently visited his shop. Shah claimed that he, along with his wife Falguni, was engaged in stock market trading and that their son, Shivam Shah, possessed extensive knowledge in the field.Gaining Kahare’s trust, Bharat Shah persuaded him to invest in the stock market. However, instead of opening a demat account, he instructed Kahare to deposit money into his wife Falguni’s account. Over time, Kahare invested ₹5 lakh. Additionally, Shah took ₹15 lakh from him, promising to arrange a Canada visa. Later, he vacated his residence in Ahmedabad and disappeared.Shah’s fraudulent activities extended beyond Kahare. He also duped his landlord in Ranip, Manan Panchal, out of ₹38 lakh. After fleeing Ahmedabad, he rented a house in Vadodara, where he defrauded another landlord, Vipul Patel, of ₹1.5 crore for stock market investments and ₹22 lakh for a Canada visa.The total fraud amounts to ₹2.52 crore. The CID Crime Branch has launched an investigation into the case and is tracking the accused.Also read:<a href="https://english.gujaratsamachar.com/news/gujarat/rajkot-car-loan-bank-duped-of-93-15-lakh" target="_blank">Rajkot car loan scam: Bank duped of ₹93.15 lakh</a><div style="text-align: left;"> </div><div style="text-align: left;"> </div>

A man in Ahmedabad, along with his wife and son, duped a businessman and landlords in Ahmedabad and Vadodara.

Man dupes businessman, landlords in Gujarat of ₹2.52 cr

Gujarat

Financial-scam

Financial-fraud

Man dupes businessman, landlords in Gujarat of ₹2.52 cr

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