Nagpur, May 21 (PTI) An offence has been registered against a man who allegedly posed as a recovery agent and duped a businessman of Rs 1.86 crore in Maharashtra's Nagpur district, police said on Sunday.

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According to the police, the accused allegedly posed as a recovery agent of a company dealing with cases in the Debts Recovery Tribunal.

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The victim, who owns a footwear shop, wished to buy a laptop for his son and the accused approached him claiming that he had connections with bank officials and can arrange for a laptop at a concessional rate, an official said.

The accused similarly helped the victim procure vehicles for his family members at concessional rates and soon gained his confidence and lured him to purchase a property worth Rs 4 crore, he said.

The accused assured that he would arrange the deal for Rs 1.45 crore for the victim, following which the latter transferred Rs 1.41 crore into his bank account.

The accused allegedly provided the victim with fake bank receipts. When confronted, the accused then issued two cheques, which subsequently bounced, the official said.

The victim had allegedly lost more than Rs 1.86 crore to the accused between January 2022 and December 2022, he said.

The Economic Offences Wing (EoW) of the Crime Branch is probing the case registered under section 420 (cheating) and other relevant provisions of the Indian Penal Code.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)