
A 66-year-old Mumbai-based textile exporter has filed a complaint alleging he was defrauded of approximately Rs78.64 lakh in a luxury car investment scheme. The complainant invested over Rs1.79 crore from March 2016, with the accused promising a 50% partnership and a 1% monthly return. While over Rs1 crore was returned, the remaining amount was allegedly not repaid. The accused reportedly handed over two luxury cars, which were later sold by him without the complainant's knowledge. The accused faces multiple cases for similar alleged offenses.