ReferIndia News Mumbai: 66-Year-Old textile Thread Exporter Allegedly Duped Of ₹78.64 Lakh In Luxury Car Investment Scam

ReferIndia News

Trusted Mumbai Loan Experts

Business, Home, Mortgage & Personal Loans. Since 2001

Learn More
News Image

Mumbai: 66-Year-Old textile Thread Exporter Allegedly Duped Of ₹78.64 Lakh In Luxury Car Investment Scam

Published on: Dec. 28, 2025, 11:11 a.m. | Source: Free Press Journal

A 66-year-old Mumbai-based textile exporter was allegedly cheated of ₹78.64 lakh by a man who promised high returns in a second-hand luxury car business. Though over ₹1 crore of the ₹1.79 crore investment was returned, the accused allegedly sold two cars given in lieu of dues and failed to repay the balance. Multiple cases have been filed.

Checkout more news
Ad Banner

Looking for the best restaurant in Malad?

Come experience unforgettable flavors at Jayraj Restobar!

Check Now
ReferIndia News contact