Kalyan Trader Duped Of $20,000 In Travellers' Cheque Card Fraud, Main Accused Arrested After 1 Year
Kalyan: A Kalyan-based trader was allegedly cheated of $20,000 on the pretext of arranging a travel cheque card. In a breakthrough in the case, the Mahatma Phule police have arrested the prime accused, Nizamuddin Farid, nearly a year after the alleged fraud came to light. The second accused, Musab Farid, remains absconding, and efforts are underway to trace him. Trader files complaint over…
A trader from Kalyan was allegedly defrauded of $20,000 when he was promised a travel cheque card. The Mahatma Phule police have arrested the main suspect, Nizamuddin Farid, after nearly a year since the fraudulent activity was discovered. The second suspect, Musab Farid, is still on the run and authorities are actively searching for him.
According to the police, the trader handed over $20,000 to two individuals who were supposed to arrange the travel cheque card. However, the accused never delivered the promised card and did not return the money, even though the transaction had taken place. The trader then filed a complaint with the Mahatma Phule police station, leading to the registration of a case against five individuals connected to the fraud.
Out of the five accused, three have already been granted anticipatory bail. The investigation revealed that the police traced and apprehended Nizamuddin Farid, who is now identified as the primary culprit in the case. The search for Musab Farid continues. The case involves the alleged collection of a significant amount of foreign currency under the guise of arranging a travel cheque card, which was never provided to the complainant.
The trader's money was never returned after the fraudulent transaction. The Mahatma Phule police are still investigating to uncover the full story and identify the remaining accused.
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