An 80-year-old man was allegedly cheated of ₹50 lakh by his daughter and her accomplices on the pretext of securing a ₹5 crore loan for his son’s Ayurvedic medicine business. MIDC Police have registered a cheating case against five people, including two women.
According to police, the victim, Mahadev Bhimaji Dudhe, a former MSEB Divisional Accountant from Wanadongri, was deceived by his daughter, Meena Gadekar, a resident of Khamgaon Road, Balapur, Akola district.
Gadekar, along with Abhay Patil from Ismalpur, Sangli; Manishbhai Purushottambhai from Surat; and Samadhan Vitthalrao Kasbe (80) and Pratibha Kasbe (80) from Shahakar Layout, Wanadongri, have been accused in the fraud case.
In May 2022, Gadekar approached Dudhe, claiming to work for Sai Finance Company in Surat. She allegedly promised high returns on investment, assuring him that it would help secure a ₹5 crore loan for his son’s Ayurvedic medicine business. Seeing this as a funding opportunity, Dudhe’s son was convinced.
Gadekar and her accomplices gained Dudhe’s trust through meetings. Believing in the offer, Dudhe, along with his son, wife, and young daughter, sold their jewelry and handed over ₹50 lakh to Gadekar and the others. However, the promised loan never materialized, and the money was not returned. Dudhe later filed a complaint with MIDC police, who have registered a case and begun an investigation.
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