Updated On: 16 August, 2023 08:32 PM IST | Mumbai | mid-day online correspondent
The accused cheated around eight investors of Rs 5.47 crore between October 2022 and February 2023, the Navi Mumbai Police in Maharashtra said

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The Navi Mumbai police in Maharashtra on Wednesday registered a case against 20 people, including a chit fund operator and his agents, for allegedly cheating investors of nearly Rs 5.5 crore, the police said, reported the PTI.
Main accused Satish Gawand allegedly got in touch with the victims through his agents who promised to double their investment in 40 days, an official told the PTI.