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India News | Three Siblings Cheat Thane Man of Rs 65 Lakh in Gold Coin Sale

Get latest articles and stories on India at LatestLY. Three siblings were booked for cheating a man in Thane to the tune of Rs 65 lakh in the sale of gold coins, police said on Sunday.

India News | Three Siblings Cheat Thane Man of Rs 65 Lakh in Gold Coin Sale

Thane, Mar 14 (PTI) Three siblings were booked for cheating a man in Thane to the tune of Rs 65 lakh in the sale of gold coins, police said on Sunday.

The victim owns a software development firm and met one of the accused during a boat ride from Alibag on February 27, said a Kapurbawdi police station official.

"The accused told him he had gold coins to sell. After getting convinced about the purity of the gold, the victim expressed a desire to buy 10 kilograms of such coins. He paid the trio Rs 65 lakh and the bag which was handed over to him contained coins made of cheap metal polished to look like gold," he said.

No arrest has been made in the case, he added.

(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)