01 June,2023 09:21 AM IST | Navi Mumbai | PTI
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On Wednesday, the Navi Mumbai police said they have registered a criminal offence against four persons for allegedly cheating investors of Rs 14.24 crore.
As per the police officials, the offence was registered on Tuesday.
A group of investors filed a complaint at the Uran police station in Navi Mumbai.
The accused including a woman, cheated the investors between January and May 2023 by operating a chit fund.
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The accused promised the investors good returns which were never paid, stated the Uran police.
"A probe was underway," a police officer said.
