A youngster from the city lost Rs60 lakh to a fraudster, who lured him with promises of high returns from a business of cargo couriers in Malaysia.
In his complaint to the Ellisbridge police, one Khanjan Patel, a resident of Geeta Park in Vastral, alleged that one Sanjay Saija along with his sister Dimple Saija took Rs60 lakh from him touting it as an investment in their business, but made away with the money. Patel said he met Sanjay at the city's passport office in March 2008, where the latter introduced himself as a successful businessman.
Sanjay had then told Patel that there was huge potential in the business and that he was in need of a business partner to expand his operations. According to Patel, Sanjay had allegedly told him about a profit of Rs70-80 lakh every month in the cargo courier business, which he wanted to start in Malaysia. After being thoroughly convinced that it was a sound decision, Patel gave Sanjay and his sister Dimple Rs 60 lakh to start a cargo courier company in Malaysia. After giving them money, Patel went to Australia for further studies and returned to Ahmedabad recently.
When he contacted Sanjay to inquire about the progress of their business, the duo allegedly presented bogus documents and balance sheets to Patel. Not convinced, Patel went to Malaysia to confirm their claims, where he found no such company.
