Nagpur: A collection agent employed with a cooperative credit society has gone absconding after allegedly cheating a liquor shop owner of ₹87 lakh. The accused, identified as Nitin Dayashankar Jaiswal (50), a resident of Balaji Nagar, Narsala, is currently on the run, according to police.
Trusted Agent Turns Fraudster
As per a complaint lodged by Sushant Sumer Jaiswal (43), a resident of Chandan Niwas, Naveen Peer, the accused had been working as a daily collection agent for Sarathi Cooperative Credit Society in Narsala since April 1, 2018. Nitin was responsible for collecting daily deposits from Sushant’s liquor shop and depositing them with the society.
Over the years, Nitin reportedly handled deposits totalling ₹87 lakh, which included ₹11.60 lakh contributed by Sushant and his family last year, and ₹64.97 lakh collected through his own dealings. Nitin had gained Sushant’s trust by managing both deposits and withdrawals whenever needed.
Fraud Exposed After Withdrawal Attempt
The fraud came to light when Sushant asked Nitin to withdraw ₹10 lakh from an account in the name of Rajkumari Jaiswal, which supposedly held ₹11.19 lakh. Nitin took the withdrawal form and passbook bearing Sushant’s signature but soon stopped responding to calls.
When Sushant personally visited the bank, the manager revealed that only ₹13,500 had ever been deposited in the said account and that even this amount had been withdrawn before the account was closed.
Case Registered at Kotwali Police Station
Realising he had been duped, Sushant immediately lodged a complaint at Kotwali Police Station. Based on his report, police have registered a case against Nitin Jaiswal under relevant sections of the Indian Penal Code.
Investigators are now on the lookout for the absconding agent, while authorities have urged residents to remain cautious and regularly verify deposit transactions to prevent similar incidents.
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