Rs 5 crore fraud: Victim gets beaten in Gujarat

AHMEDABAD: A businessman from Maharashtra on Wednesday lodged a complaint with Satellite police station alleging that two brothers from Satellite area, who earlier stayed in Versova in Mumbai, thrashed him when he demanded Rs 5 crore from them which he had handed over to them to get him a business loan of Rs 600 crore.
Anil Joshi (43), a resident of Agrawalnagar in Dhule of Maharashtra, has stated in his complaint that he has been running a business of freight carriers for which he needed money for expansion in 2018.At that time, Joshi’s friend Jitendra Shah introduced him to the accused — Parth Dalvadi and Mehul Dalvadi — who were then staying in Versova.
The Dalvadi brothers promised Joshi that they would help him in getting a loan of Rs 600 crore from HSBC bank and sought money for the loan procedure. Joshi said that he ended up paying Rs 4.86 crore through RTGS (real time gross settlement) to the Dalvadi brothers.
Parth Dalvadi in October 2018 told Joshi that he would have to go to Hong Kong for the loan procedure. But when Joshi went there he was deported back as the immigration procedure was not cleared by Parth Dalvadi. After this, Joshi went to the Dalvadi brothers’ house in Versova in Mumbai and sought his money back.
The two brothers were booked by Maharashtra police in June 2019. They were released after they took on oath before a local court that they would be paying up the entire amount in 50 days.
On June 26, Joshi had come to the city and had gone to meet the Dalvadi brothers. When he sought his money they threatened him and beat him badly.