Four booked for 'cheating' US-based bizman of Rs 1.52 cr

Bengaluru: The Ashok Nagar police have registered a case against four people for allegedly cheating a US-based businessman of more than Rs 1.52 crore in connection with an automobile parts business in Neelasandra.The accused have been identified as Shamveel Ahmed, Mohamed Kaiser,  Amir Hussain and Mohammed Khaja Siraj Uddin.A senior police officer said that the victim, Asif Khan, who has been residing in the US for the past seven years, was introduced to the accused through his brother Ameer Khan. He later agreed to start an auto-parts business with Shamveel Ahmed and others in Neelasandra.J-K Police books BJP leader for cheating, criminal intimidation in PulwamaThe complainant Ameer Khan (Asif’s brother), who lives in Hyderabad, approached police and alleged that Asif transferred $63,710 (Rs 60.52 lakh) to Shamveel’s bank account and $33,101 (Rs 31.44 lakh) to Kaiser’s account on Sept 7, 2025.The accused allegedly supplied some materials through cargo and continued the business for about 30 to 40 days. Later, they failed to provide invoices and tracking details and informed Asif that the business had incurred losses.Asif subsequently found a negative balance of $63,710 in his US bank accounts and alerted Ameer. The accused allegedly demanded additional penalties and taxes, taking the total amount to $96,811 (Rs 91.97 lakh).Based on a complaint, Ashoknagar police registered a case of cheating.

Source: Deccan Herald