Nashik : The Ambad police have arrested Vinod Daund, 35, a resident of Chehedi, Nashik Road, in connection with an alleged Rs 22.22 lakh cheating case involving a 55-year-old flower seller and two other suspects.
Daund and a couple allegedly cheated the woman, a resident of Kamodnagar, Indiranagar, between Jan 1, 2022, and July 1, 2026, according to the police. In her complaint, the woman stated that the trio had promised to arrange a Rs 1.2 crore loan for her from a Chennai-based finance company. The woman allegedly paid Rs 2.8 lakh to get the loan approved and invested another Rs 11 lakh. The suspects also took jewellery worth Rs 7 lakh, another Rs 1 lakh in cash and a cellphone worth Rs 22,000 purchased in her name.
You Can Also Check: Gold Rate in Nashik | Silver Rate in Nashik | Bank Holidays in Nashik | Public Holidays in Nashik | Petrol Price in Nashik | Diesel Price in Nashik | CNG Price in Nashik | LPG Price in Nashik Stay updated with the latest Nashik news. They also assured her of high interest returns on investments in the company. She later discovered that the loan had not been sanctioned and that she was not receiving the promised returns. Realising she had been cheated, she approached the Ambad police, who registered a case and arrested Daund. Further investigation is underway. Download the TOI App.