Excelsior Correspondent
JAMMU, Aug 26: The Special Crime Wing (SCW) Jammu of the Crime Branch J&K has registered a case against a Delhi-based businessman for allegedly cheating three local businessmen of Rs 19 lakh on the pretext of offering lucrative returns.
SSP (SCW) Crime Branch Sanjay Parihar said the accused, identified as Rajendra Mahajan of New Delhi, met the victims during a family function in May 2023 and convinced them to invest money, promising to double the amount by March 2024.
After taking the money, he allegedly refused to return it, misappropriated the funds, and even issued threats, he said.
He further said a preliminary verification by the Crime Branch established offences under sections 406, 419 and 420 of the RPC, leading to the registration of a formal case on August 25, 2025.
According to him, the investigation of the case has been entrusted to Inspector Ashok Bazaz.
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