Friend Defrauds Contractor of 1.28 Crore in Jalna with Triple Money Lure

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News18•18-02-2026, 09:58
Friend Defrauds Contractor of 1.28 Crore in Jalna with Triple Money Lure
- •Government contractor Mangesh Gadve was defrauded of 1.28 crore by his friend Sandeep Bhagwan Bhingare.
- •Bhingare lured Gadve with a promise of tripling his investment within a month through a large company.
- •Gadve, in need of money, agreed to invest 50 lakhs for a return of 3 crores, eventually sending money periodically.
- •Meetings were held in Delhi and Lucknow with Bhingare's acquaintances Adarsh Pandey, Abhinav Singh, and Sumit Singh.
- •A case has been registered against Sandeep Bhingare, Adarsh Pandey, Abhinav Singh, one other person, and one woman at Kadim Police Station, with the Crime Branch investigating.
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