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Maharashtra News

The Times of India

Maharashtra / The Times of India

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Mumbai: Man duped of Rs 14.65 lakh in black paper to currency scam

A Pune-based share market consultant was defrauded of 14.65 lakh by individuals posing as RBI officials. They claimed to convert black paper into genuine currency using chemicals. The victim paid for chemicals and later handed over 10 lakh cash and 3.15 lakh via NEFT, believing their fraudulent demonstration.

6 Jan 2026 1:23 pm