Pune: In a startling revelation, a construction businessman, Prasad Chandrakant Diwakar (50), fell victim to a cunning fraud amounting to Rs 40 lakh. The fraudulent incident, unfolding from March 2022 to the present, transpired near the Katraj Dehu Road Bypass Highway R Square Building in Warje. Diwakar has filed a formal complaint at Warje Malwadi Police Station, leading to the registration of a case against two individuals from Baramati.
The accused, identified as Damodar Shripati Pawar and Ganesh Damodar Pawar, both residents of Balaji Niwas, Gurukul Housing Society, Bhigwan Road, Baramati, are now facing charges under sections IPC 420, 406, 465, 467, 468, 471, 472, and 34. The alleged fraudsters targeted Diwakar, who operates a partnership business specialising in the sale and repair of construction machinery.
The intricate fraud began with the purchase of a mini compactor machine, establishing an initial semblance of trust between the plaintiff and the accused. Leveraging this trust, the fraudsters fabricated an elaborate tale of a substantial order from a fictitious company. To solidify their deception, they presented Diwakar with a fraudulent order bearing a counterfeit signature stamp of the non-existent company.
Under the guise of facilitating the purported substantial order, the accused orchestrated a series of transactions, accumulating a staggering sum of 57 lakh, 83 thousand, and 500 rupees through RTGS payments. As the promised order failed to materialise, Diwakar sought answers and the return of his hard-earned money.
In a partial reimbursement attempt, the accused returned 18 lakhs to Diwakar. However, a significant sum of 39 lakh, 83 thousand, and 500 rupees remained embezzled, highlighting the extent of the financial deceit. The complaint further alleges the involvement of Diwakar’s company, S.S. Heavy Equipment Pvt. Ltd., in the fraudulent activities.
The investigation into this fraud is now in the hands of Police Inspector (Crime) Ajay Kulkarni, who is diligently pursuing this financial scam.
