Jaggery Traders Duped of Rs 1 Crore In Pune, Four Booked

Pune: Four traders from Navsari in Gujarat have been booked by Pune Police for duping two Jaggery traders of Rs 1 crore from Daund in Pune, an official said. 

According to the police, traders from Gujarat asked Jaggery traders in Pune to supply Jaggery worth Rs 50 crore. Gujarati traders told them that they had bagged a state government contract order worth Rs 50 crore. 

Gujarati Traders Fooled Pune Jaggery Traders About Govt Contract 

The Pune duo kept supplying jaggery to Gujarati traders from 2019 to 2024. However they did not receive any payments, police said. 

According to police, the two Jaggery traders also went to Gujarat to recover their payments but the visit did not turn out to be fruitful. 

Gujarati Traders Paid Rs 80 lakh out of Rs 1.80 crore

Later, traders in Gujarat were sent a bill of Rs 1.8 crore of which they paid Rs 80 lakh. Pune Jaggery traders could not recover the remaining balance of Rs 1 crore. 

"Between 2022 and May 2024, the complainant supplied jaggery worth Rs1.8 crore to the traders. The traders paid Rs80 lakh to him and duped him by not returning the remaining Rs1 crore," he said.

Police said that a case under sections 120-B (criminal conspiracy), 409 (criminal breach of trust by merchants), 420 (cheating), 467, 468, and 471 (forgery) of the Indian Penal Code has been registered.

Earlier this week, 3 men from Gujarat held for extorting Rs 1.18 crore through courier fraud. 

On Monday, the Cyber Crime Wing of the Tamil Nadu Police arrested three men in Surat, Gujarat , for allegedly extorting Rs 1.18 crore from a victim in Chennai through a "FedEx courier fraud."

According to police, the victim received a call from someone pretending to be from a courier service, who claimed that a parcel in their name contained illegal items. The caller then connected the victim to an individual impersonating a Mumbai police officer, who threatened legal action unless the victim transferred money to prove their innocence. Fearing for their safety, the victim ended up transferring Rs 1.18 crore to various bank accounts.