Nagpur: A bullion trader of Nagpur has been defrauded to the tune of Rs 4 crore by two companies from Kolkata on the pretext of making gold available at a cheap price. On the orders of the court, the Bajaj Nagar Police in Nagpur have registered a case of cheating under various sections.
According to media reports, the concerned accused companies from Kolkata took full amount from Nagpur bullion trader as an advance but did not provide the gold for almost six years. If today’s market rates for gold are compared, the city trader loses much more.
A case has been registered in this regard against the directors and officials of both the companies, identified as JK Trexim Pvt Ltd and Banka Bullions Pvt Ltd. The accused include Gopalkrishna Banka, Raghav Banka, Rahul Banka, Rajkishore Banka, Anilkumar Banka and Yogeshkumar Banka, residents of Burra Bazar, Kolkata.
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Thursday 21 Nov. 2024
According to reports, a case was registered on the complaint of Ashutosh Natwar Mundada (38), a resident of Ramdaspeth. Ashutosh deals in petroleum, transport and bullion. In October 2016, Gopal Banka contacted Ashutosh’s father and told him that he has to come to Nagpur for business related to bullion trade. Ashutosh met Gopal in a hotel in Laxminagar. Banka told that he has 2 firms in Kolkata which do the business of buying and selling gold. Gold trading is done on a large scale and many merchants of Nagpur city also deal with them. Gold will be made available from Kolkata at a cheap price, which can be sold in Nagpur to earn huge profits, but money will have to be paid in advance. Mundada agreed with the deal considering the price of gold at that time and sent Rs 4.31 crore to both the companies.
Reports further said that between November 12 and December 2, 2016, Ashutosh transferred Rs 4.31 crore through RTGS from his firm’s accounts to the firms of the accused. All the gold was supposed to be delivered to Nagpur but the Banka family sent only 1 kg of gold to Nagpur, which cost Rs 30 lakh. The accused started avoiding sending the rest of the gold. When the goods were not received even after many days, Ashutosh complained about the fraud to the Bajaj Nagar police. The police did not register the case. Finally, Ashutosh knocked on the door of the court. On the orders of the court, the Bajaj Nagar police have registered a case under various sections including cheating and criminal conspiracy.
