Press Esc to close
Tuesday 25 April 2017
News updated at 9:35 PM IST

Man dupes traders of Rs 2 cr, held

New Delhi, April 5, 2013 DHNS: 2:15 IST
A 32-year-old man has been arrested for duping several businessmen of over Rs 2 crore on the pretext of providing bulk orders from housing companies, police said on Thursday.

Mohit Wadhwa, a resident of West Patel Nagar, was held over a complaint by Palvinder Singh Rakhara, a prominent distributor of air conditioners. “Initially, to win the trust of the dealers and distributors, he used to place small orders on credit payment basis and ensured that post dated cheques were timely honoured,” said K K Vyas, deputy commissioner of police (economic offences wing).

After winning the trust of the victims, Mohit used to place larger orders, make part payment and then abscond. All the post dated cheques issued subsequently for balance payments bounced.

“He later sold the goods obtained from victims in open market,” Vyas added.
Palvinder alleged that Mohit had approached him at his shop in March 2012. “Mohit presented himself as a businessman with connections and having bulk orders from housing projects undertaken by reputed housing companies,” Vyas said.

He convinced Palvinder to give goods on seven days credit basis, after which many cheques were issued. Initially, the cheques were cleared, but later on cheques worth Rs 32 lakh bounced. “Mohit gave several excuses for non payment, but changed his mobile number later. He refused to meet the complainant and also changed his address,” Vyas added.

Palvinder discovered that several other businessmen were also cheated using the same modus operandi. Over a period of time, 18 more complaints against Mohit were received from distributors of air-conditioners, mobile phones, generators, TVs, home appliances and electronic goods located in Delhi and Ghaziabad.

Go to Top

Photo Gallery
CRPF martyr Inspector Raghbir Singh being carried during his funeral in village Sathiala, some 50 ..

CRPF martyr Inspector Raghbir Singh being carried during his funeral in village Sathiala, some 50 ..

Union Minister Radhakrishnan paying respect to the body of CRPF martyr Alagupandi, at Madurai ...

Union Minister Radhakrishnan paying respect to the body of CRPF martyr Alagupandi, at Madurai ...

Injured CRPF jawans being airlifted to Raipur by an IAF chopper for treatment on Monday follwing ...

Injured CRPF jawans being airlifted to Raipur by an IAF chopper for treatment on Monday follwing ...

Union Home Minister Rajnath Singh enquiring about the health of injured CRPF personnel at the ...

Union Home Minister Rajnath Singh enquiring about the health of injured CRPF personnel at the ...

School children pay tribute to CRPF jawans killed in the naxal attack in Chhattisgarh's Sukma ...

School children pay tribute to CRPF jawans killed in the naxal attack in Chhattisgarh's Sukma ...

Union Home Minister Rajnath Singh paying tribute to CRPF jawans killed in the naxal attack in ...

Union Home Minister Rajnath Singh paying tribute to CRPF jawans killed in the naxal attack in ...

Injured CRPF being brought to Raipur for treatment on Monday follwing a Maoist attack at Burkapal ..

Injured CRPF being brought to Raipur for treatment on Monday follwing a Maoist attack at Burkapal ..

Police in action students who were throwing brick bats on them during clashes in the vicinity of ...

Police in action students who were throwing brick bats on them during clashes in the vicinity of ...

LJP activists take part in a candle light vigil to pray for CRPF jawans lost their lives in a ...

LJP activists take part in a candle light vigil to pray for CRPF jawans lost their lives in a ...

Remains of the iconic Hall of Nations structure at Pragati Maidan in New Delhi on Monday...

Remains of the iconic Hall of Nations structure at Pragati Maidan in New Delhi on Monday...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.