Nagpur: In a major financial fraud case, the Nagpur Police have registered an offence and arrested one woman for allegedly duping multiple residents of over Rs 10.5 lakh through a fake investment scheme under Mankapur Police Station limits.
The complainant, Sushma Inder Shahu (47), a resident of Ganpati Nagar, Gorewada, alleged that two women, Geeta Sunil Dhamane (42) and Kavita Pralhad Bheram (35), lured her and several others with promises of high returns. The accused reportedly claimed that if a fixed amount was deposited monthly for 12 months, investors would receive a 3% monthly interest.
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Between December 13, 2023, and October 11, 2025, the accused allegedly collected money in instalments from multiple residents, issuing handwritten entries on fake “Mahila Bachat Fund” cards as proof of deposits.
However, after collecting a total of Rs 10.5 lakh in cash, the accused neither returned the principal amount nor provided any promised returns even after the maturity period. When investors demanded their money back, the accused allegedly refused, leading to allegations of cheating and breach of trust.
Following a complaint and preliminary inquiry, a case was registered on May 1, 2026, by PSI Javed Tadvi at Mankapur Police Station under sections of the Bharatiya Nyaya Sanhita and provisions of the Maharashtra Protection of Interest of Depositors Act, 1999.
Police have arrested accused Geeta Dhamane, while further investigation is ongoing to trace the second accused and identify additional victims.
