Inter-state gang cheats Mumbai businessman of Rs 3.25 crore; 9 booked

MUMBAI: (Apr 21) A nine-member inter-state gang has allegedly duped a Mumbai-based businessman of Rs 3.25 crore with promises of high investment returns and also assaulted and threatened him, police said.

The nine accused, two of them women, are residents of Mumbai, Odisha, Bihar and Jharkhand, an official from Vile Parle police station said on Monday.

The complainant, who runs a private enterprise, came into contact in July 2025 with four of the accused, who introduced themselves as brokers. The accused convinced him to invest in a company named Arkship Group, promising lucrative returns, according to the official.