Nagpur: Sitabuldi Police have registered a case against two persons for allegedly cheating a 60-year-old woman of ₹30 lakh by luring her into an investment scheme promising monthly returns and full repayment after three years.

The complainant, Lekha Rajkumar Hingorani (60), a resident of Shrihari Apartment, Gokulpeth, approached police after allegedly being duped by representatives of Avisha India Mutual Benefit Nidhi Limited.

According to police, Hingorani came into contact with the company’s representative Romi Ramesh Ramteke, a resident of Gautam Nagar, Wadi Tekdi, Lava, and manager Sushmita Gautam, a resident of Chintaman Nagar, Hazari Pahad, through information provided by her neighbours.

The accused allegedly convinced her to invest in a scheme that promised monthly interest payments and full return of the principal amount after three years. Trusting their assurances, Hingorani invested ₹30 lakh on February 8, 2023, and was issued a maturity certificate.

Police said the accused paid her 1 per cent monthly interest until February 2024, after which they allegedly stopped making payments and began avoiding her. When she demanded the return of her money, the accused allegedly refused, abused her and threatened her.

Based on her complaint and subsequent inquiry, Sub-Inspector Dahake of Sitabuldi Police Stationregistered a case under Sections 318(4) and 3(5) of the Bharatiya Nyaya Sanhita (BNS) and Section 3 of the Maharashtra Protection of Interest of Depositors (MPID) Act.

Further investigation is in progress.