In a troubling turn of events, Sudhir Dhingra, the owner of Gurugram-based garment company Orient Craft Ltd, has fallen victim to a fraudulent scheme.
Dhingra, who was facing financial difficulties, sought out financiers to borrow money on interest. A group of fraudsters, posing as intermediaries, assured him a loan of Rs. 100 crore at 6 per cent interest per annum.
The incident unfolded in May when Dhingra was introduced to individuals claiming to have connections with financiers. He was lured into a deal where he was to receive two loans, with the first being Rs. 2.50 crore, to be paid off by June 9, and the second, a whopping Rs. 40 crore, after the first payment.
Trusting the arrangement, Dhingra complied with the terms, and Rs. 2,25,00,023 was transferred into his account on 6th June.
However, when he travelled to Hyderabad on 15th June for the second loan disbursement of Rs. 40 crore, he was met with betrayal. Despite transferring Rs. 4.7 crore into the lenders’ accounts as agreed, the promised amount of Rs. 40 crore was never transferred. The fraudsters vanished, leaving Dhingra in a state of shock and financial loss.
Though Dhingra filed a complaint in July, an FIR was registered only after an investigation on 26th September.
