Home MaharashtraNagpur Businessman Loses Rs 58 Crore in Online Gambling Scam
During a raid on Saturday, authorities discovered Rs 14 crore in cash and four kg of gold biscuits at the residence of the accused, identified as Anant alias Sontu Navratan Jain. The businessman in Nagpur, Maharashtra, fell victim to an online gambling scam, losing Rs 58 crore. Police launched an investigation after receiving a complaint from the victim and conducted a raid at the suspected bookie’s residence in Gondia City, located 160 km away from Nagpur.
Accused Escapes to Dubai
During the raid, authorities seized Rs 14 crore in cash and four kg of gold biscuits from Anant’s residence. However, Anant managed to escape to Dubai before the raid. The police believe he is currently in Dubai.
How the Businessman was Scammed
According to Nagpur Commissioner of Police Amitesh Kumar, Jain convinced the businessman to try online gambling as a profitable venture. Initially hesitant, the businessman eventually agreed and transferred Rs 8 lakh through a hawala merchant. Jain then sent the businessman a link to open an online gambling account, promising high profits. The businessman found Rs 8 lakh deposited in the account and began gambling. However, his luck quickly turned, and he lost a total of Rs 58 crore while only winning around Rs 5 crore.
The Suspicious Turn of Events
After continuously losing, the businessman grew suspicious and demanded his money back, but Jain refused. The businessman then filed a complaint with the cyber police, leading to a fraud case being registered. During the raid at Jain’s residence, authorities seized a substantial amount of evidence, including Rs 14 crore in cash and four kg of gold biscuits. The exact amount of the seizure is still being determined.
Previous Online Fraud Incidents in Nagpur
This is not the first case of online fraud in Nagpur. On Friday, another resident of Nagpur lost Rs 9.66 lakh when an unidentified person posed as a bank employee and withdrew the money. This incident highlights the increasing number of online frauds, particularly in regards to UPI payments and online gaming. Authorities advise people not to share their bank account details with anyone and to regularly change their online banking passwords to ensure their safety. Stay updated by subscribing to our newsletter today.