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.

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.