Surat businessman alleges seven in Ahmedabad of ₹2.89 crore fraud

As per the details received from Eco Cell (Economic Offences Cell)sources reveal that Surendrakumar Narang, a resident of Surat, has business in the name of Guru Nanak Textiles, Kanika Fashion, Laxmi Textiles, S K Textiles, and Urmila Fashion in the 4th floor of Bhatan Millennium Textile Market.

A businessman in Surat has filed a complaint with the Economic Offences Cell against seven in Ahmedabad for defrauding him of ₹2.89 crore, as per sources.

The complaint was filed by Surendrakumar Narang, a textile businessman. He had gone to the Kalikalyan Dham temple in Mota Chiloda village near Ahmedabad as he and his wife were having trouble conceiving a child. . There, Vijay Mali of Padam Textiles in Ahmedabad and his nephew Abhishek met them.

After meeting at the temple, Vijay introduced Narang to his uncle and nephew. They invited Narang to their shop, and started doing business.

Later, Vijay introduced him to Ahmedabad cloth broker Manish Sharma and traders Naresh Mochi, Priyank alias Vicky Shah, and Jackin Shah. When broker Manish Sharma introduced him to Ahmedabad traders Prakash Bhansali, Rizwan Vadnagarwala, and Vikas Rathod, Narang started supplying goods to them. Initially, they made payments on time to build trust.

However, from April 2022 to January 2024, they stopped making payments of ₹2,89,15,308, closed their shop, and switched off their mobile phones.

Based on Narang’s complaint, the Crime Branch registered a case of cheating against seven Ahmedabad traders, a broker, and a Nasik trader on Monday and handed over the investigation to Eco Cell.

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