Chennai, Tamil Nadu: City police have arrested a mother and daughter for allegedly cheating a Malaysian company of Rs 10.61 crore by falsely promising to export sugar. The arrests were announced on Sunday.
According to a city police, the arrests were made based on a complaint filed by a Malaysian citizen. The accused claimed to own two companies and assured the complainant that they would export sugar. Between 2021 and 2022, they received Rs 10.61 crore as payment but did not deliver the sugar. Instead, they provided fake documents to make it appear that the shipment had been sent.
Further investigations revealed that one of the women had cheated a Mumbai businessman of Rs 75 lakh using the same method.
After the complaint, police registered a case and a special team arrested the two women. They have been sent to judicial custody.
City Police Commissioner A Arun has cautioned businessmen to be careful about such kind of fraudulent companies and not to get deceived by them.
