Updated On: 18 March, 2024 07:23 AM IST | Mumbai | Prasun Choudhari
Oshiwara residents file complaints, say more than 400 people have been duped

Ambar Dalal who is absconding after allegedly duping over 400 people
Oshiwara has been rattled by a massive financial investment scam, estimated to be over Rs 200 crore, leading to a wave of FIRs being filed against the alleged scammer, Ambar Dalal, who is currently absconding. Residents, who have fallen prey to the scheme, are demanding swift justice from the authorities.
According to a victim, the investment scheme promised lucrative returns, luring unsuspecting residents to invest. “However, over time, it became apparent that it was nothing but a ploy to swindle money from us,” said a victim.