10cr fraud: Man held in Nashik | Mumbai News


10cr fraud: Man held in Nashik

Mumbai: A 45-year-old man who allegedly cheated two investors of his artificial jewellery venture of Rs 10 crore and fled after his anticipating bail plea was rejected was arrested in Nashik recently. Sushil Kantilal Jain allegedly diverted funds to personal bank accounts and couldn’t give details of workers purportedly paid Rs 4.3 crore. —S Ahmed Ali

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