The entrustment document fraud wing of the Central Crime Branch has arrested a 32-year-old man from Mumbai for allegedly cheating a Mogappair businessman of ₹2.82 crore.
The police said Prathik Radhakrishnan, 32, who had served as an assistant manager of a nationalised bank, was dismissed from service. He settled down in Mumbai. In 2019, he met M.S. Rajendran, of Mogappair, and promised him to get a franchise from Aditya Birla Group for running a clothing outlet.
Prathik received ₹2.82 crore after handing him an agreement with forged logo, seal, and signatures of top executives of the company. When Rajendran demanded the money back, Prathik threatened him. On a complaint from Rajendran, the entrustment document fraud wing registered a case.
Prathik, who was hiding in Mumbai, was arrested and brought to the city. The police said he had cheated several persons with the same promise.
Source: https://news.google.com/__i/rss/rd/articles/CBMicWh0dHBzOi8vd3d3LnRoZWhpbmR1LmNvbS9uZXdzL2NpdGllcy9jaGVubmFpL211bWJhaS1tYW4taGVsZC1mb3ItY2hlYXRpbmctY2hlbm5haS1idXNpbmVzc21hbi9hcnRpY2xlNjYzODY0MzQuZWNl0gF2aHR0cHM6Ly93d3cudGhlaGluZHUuY29tL25ld3MvY2l0aWVzL2NoZW5uYWkvbXVtYmFpLW1hbi1oZWxkLWZvci1jaGVhdGluZy1jaGVubmFpLWJ1c2luZXNzbWFuL2FydGljbGU2NjM4NjQzNC5lY2UvYW1wLw?oc=5
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