Promised high returns on investments in online gaming platforms, Latur farmer loses Rs 30 lakh
Latur, Nov 27 (PTI): A farmer in Latur was cheated of Rs 30 lakh after being promised high returns on investments in online gaming platforms, following which two persons were booked, a police official said on Thursday.
Satish Bhivaji Bolange (42), a resident of Khalangri in Renapur tehsil, invested the amount between July and October this year on the advice of accused Dinesh Prakash Patange and Tanvi Nitin Salunke, the Kingaon police station official said.
"They told him several well-known personalities had already invested and profited from the scheme. The accused allegedly used multiple UPI IDs, wallets, and bank transfers to collect money in instalments, ultimately duping him of Rs 30,00,500. When no returns materialised for three months, Bolange realised he had been cheated," the official said.
A case has been registered under Bharatiya Nyaya Sanhita and Information Technology Act for cheating and other offences, he added.
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India moving towards becoming global economic powerhouse: Kovind
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Amritsar (PTI): Former president Ram Nath Kovind on Friday said that with digital transformation, economic reforms and a strong focus on the ease of doing business, India is moving towards becoming a global economic powerhouse.
He was speaking after inaugurating the 19th edition of the Punjab International Trade Expo (PITEX) in Amritsar.
The former president said that this 19th edition of PITEX is being organised at a time when India is recognised as one of the fastest-growing large economies in the world.
Speaking at the inaugural ceremony of the event organised by the PHD Chamber of Commerce and Industry (PHDCCI) the former president, while referring to Punjab, said the state is a living example of courage, sacrifice and enterprise.
"The spiritual light of Sri Harmandir Sahib (Golden Temple) inspires peace and humanity across the world. The heritage of Punjab is deep and inspiring," Kovind said, according to a statement issued by the PITEX.
The former president congratulated the PHDCCI for hosting the 19th edition of PITEX and suggested that the chamber should expand PITEX outside Punjab.
He proposed that a similar event should also be held in New Delhi.
