4 Traders Booked for Rs 35 Lakh Fraud Against Thane Businessman

• Thane textile businessman allegedly duped of Rs 35 lakh by four Mumbai-based traders.
• Accused purchased grey cloth consignments, sold them to third parties, and absconded without making payments.
• Police registered a case against the four traders under sections 318(4) and 3(5) of the Bharatiya Nyanya Sanhita.

Why It Matters: This highlights the risks of business fraud and financial deception for traders.