A Thane man was allegedly duped of Rs 2 lakh in a sophisticated US dollar exchange fraud, highlighting the risks of currency exchange scams.
Key Points
- A Thane resident was allegedly defrauded of Rs 2 lakh in a US dollar exchange scam.
- The accused showed the victim bundles appearing to contain US currency.
- The bundles contained paper rolls and soap bars with a single dollar note on top.
- Police have registered a case of cheating under the Bharatiya Nyaya Sanhita and are investigating.
A 35-year-old man has allegedly been duped of Rs 2 lakh by three persons in a US dollar exchange fraud in Maharashtra's Navi Mumbai township, police said.
The Dollar Exchange Scam Unfolds
One of the accused had approached the victim, a resident of Dombivli in Thane district, claiming his relative wanted to exchange some USD notes. On May 12, the accused showed the victim bundles wrapped in a handkerchief that appeared to contain US currency near a hospital in Kalamboli, they said.
Believing the notes to be authentic, the victim handed over Rs 2 lakh in cash, after which the accused fled.
Fake Currency Exposed
The victim later found that the bundles handed over to him were actually paper rolls and soap bars, with a single dollar note pasted on top to make them appear genuine, according to the police.
Police Investigation Underway
Following the victim's complaint, the police registered a case on charges of cheating under the Bharatiya Nyaya Sanhita.
A probe was underway into the case, the police added.
