ReferIndia News Mumbai Crime: Three Booked For Allegedly Swindling Ghatkopar Businessman Of ₹1.82 Crore In Fake iPhone Investment Scheme

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Mumbai Crime: Three Booked For Allegedly Swindling Ghatkopar Businessman Of ₹1.82 Crore In Fake iPhone Investment Scheme

Published on: Feb. 8, 2026, 7:28 p.m. | Source: Free Press Journal

Pant Nagar Police booked three people for allegedly cheating a Ghatkopar-based businessman of ₹1.82 crore by promising high returns from a fake iPhone buying-and-selling business. The accused claimed to run an iPhone dealership and executed notarised contracts to gain trust. Payments stopped in October 2023, prompting the victim to lodge a police complaint.

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