Mumbai Police Busts 'Paper-to-Currency' Scam, Two Arrested for Rs 7 Lakh Fraud

• Mumbai's Bangur Nagar Police busted a fraud racket, arresting Pawan alias Prakash Kumar Dilip Prasad and Sar alias Gajsingh Manoj Singh Prasad.
• The accused swindled businessman Lalan Rajkumar Mahto of Rs 7 lakhs with a false promise to transform ordinary paper into Indian currency using special chemicals.
• They demonstrated with a Rs 500 note, then took Rs 7 lakhs, providing paper bundles that they claimed would magically turn into currency.
• Police tracked the accused using technical intelligence to Buxar (Bihar) and Ghazipur (Uttar Pradesh), apprehending them with local police assistance.
• Authorities warn the public against such scams and are interrogating the accused to identify other potential victims.