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Fake cheques, demand drafts: Mumbai businessman loses Rs 5.24 crore in 'Dubai investment scam'; 4 arrested in Chennai

IndiaTimes Friday, 15 August 2025 ()
In a sophisticated investment fraud, a 62-year-old businessman from Mumbai lost Rs 5.24 crore to scammers who lured him with promises of high returns and even summoned him to Dubai. The victim discovered the scam when the firm's office didn't exist, leading to the arrest of four individuals in Chennai.
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