Mumbai based businessman tries to exchange old notes, gets cheated of Rs 57 lakh

Mumbai based businessman tries to exchange old notes, gets cheated of Rs 57 lakh : The demonisation of Rs. 500 and Rs. 1000 notes have been the nightmare for the people, who have been the prime black money earner for the most of the part of their life. And now, such people are trying their every bit to convert their black money into the white money.Although, things has not been easy for such people and the same was witnessed with a Mumbai-based businessman, Siraj Dalal. According to the reports, the 63-year-old business has been the fraud by a man named Meeraj Ali alias Danny, who faulted him and took his Rs 57.50 lakh.


Siraj Dalal after getting fraud by Meeraj Ali went to the Byculla police station and registered the FIR. Siraj Dalal in an interaction with the media wing informed that ” he wanted to buy the new house, so he has to change his old notes of Rs. 500 and Rs. 1000, so he meet one of his relative’s employee Oan Ali.”

He further added that ” Oan Ali took him to the Mustafa Bazar for the meeting on November 12 with his son. There we meet Jonny, Sufian, and his driver and they told us that they would help us to buy the house with old notes of Rs. 500 and Rs. 1000 and asked us to pay right now. They asked us to put the money in one car and walk to the other car, and when we started walking after putting the cash in one car, suddenly we realized that both cars took the U-turn and left us.”

After the incident, Siraj Dalal also went to the house of Ali, but it was locked, and their numbers were switched off and then decided to go to the Police station.

Meanwhile, the Avinash Shingte, the Senior police inspector from the Byculla police station confirmed that the case had been registered and a special team has been formed to track down the culprits. He also added that the case had been registered under sections 420 (cheating and dishonestly inducing delivery of property) and 34 (acts done by several persons in furtherance of common intention) of the Indian Penal Code (IPC).

Well, now Siraj has a lot of trouble in front of him. Although, if Police will be able to track down the culprits then Siraj has to answer for the source of the Black money that he earned from.