Thane, Sep 17 (PTI) A case has been registered against a man for allegedly cheating a Mumbai-based businessman of Rs 96.5 lakh, police said on Tuesday.

As per a complaint lodged with the police at Dombivili in Thane district, the accused, Mehul Motilal Jethwa, owner of Vishwam Properties, purchased steel products worth Rs 1.24 crore from the complainant in September last year but allegedly only paid him Rs 27.5 lakh, an official said.

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Jethwa made the transactions between September 2023 and May 2024 but failed to clear dues worth Rs 96.5 lakh, the complaint stated.

A case has been registered under sections 420 (cheating) and 406 (criminal breach of trust) of the Indian Penal Code, the official said, adding that no arrests have been made in the case.

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(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)