Asian Games Gold Medallist Sarita Gayakwad Allegedly Cheated Of ₹69.10 Lakh In Gujarat Sand Business Investment Fraud
Ahmedabad: Asian Games gold medal-winning sprinter Sarita Gayakwad has allegedly been cheated of Rs 69.10 lakh by a man who promised her high returns on investment in his sand business in Gujarat, police said on Monday. Also Watch: An FIR was registered against the man, Nitin Bharti, a resident of Vyara town in Tapi district, at the Ahwa police station in Dang district on October 29 based on a…
Ahmedabad, India - Asian Games gold medalist Sarita Gayakwad claims she was defrauded of ₹69.10 lakh by Nitin Bharti, a resident of Vyara town in Gujarat, according to police reports. Bharti allegedly promised Gayakwad high returns on an investment in his sand business, stating she could earn a monthly return of 4% on her money.
However, Gayakwad says she never received the promised returns or her principal back. The fraud occurred after she met Bharti through a mutual acquaintance in 2024. Gayakwad is accused of investing ₹69,10,059 in the scheme, but Bharti allegedly failed to repay her money as promised. Police have registered an FIR against Bharti, who is currently at large.
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