Mumbai police arrest Surat businessman in Rs 10.14 crore fraud

MUMBAI: A Surat businessman and proprietor of D.C. Enterprises was arrested by the Economic Offences Wing of Mumbai police in an alleged Rs 10.14 crore textile cheating case.Interestingly the accused identified as Chirag Himmatbhai Dhola (32) proprietor of DC Enterprises was arrested after being taken into custody from Lajpur Central Jail in Surat, where he was lodged in another case.In the Mumbai case he is the accused of allegedly obtaining raw cloth from the complainant by promising payment within 25 to 30 days and defaulting it.Police are probing the disposal of the goods, financial transactions and Dhola’s links with absconding accused Sanjay Kumar Patel.He was produced before the court and remanded to police custody.Investigators are probing the disposal of the goods, financial transactions and Dhola’s links with absconding accused Sanjay Kumar Patel.The LT Marg Police had registered the offence in 2024 and the case was transferred to the EOW.According to the EOW’s remand application the complainant was allegedly cheated of raw cloth worth Rs 10.14 crores through a network of textile traders and firms. The accused allegedly gained the complainant’s trust by initially purchasing goods on credit and promising payments within 25 to 30 days.The investigation revealed that several traders allegedly procured raw cloth on credit under the pretext of conducting legitimate textile business.The alleged fraud involved multiple firms, including D.C. Enterprises, Shri Ganesh Textiles, Navkar Enterprises, Bhumi Enterprises, Mahima Enterprises and other businesses.The EOW has cited receipts acknowledging the delivery of raw cloth to D.C. Enterprises, the firm’s bank account details, GST records obtained from the Surat tax authorities and call detail records of a mobile number allegedly used by Dhola as evidence of his involvement.Statements of witnesses have also been recorded to establish his business operations in Surat.Dhola had remained untraceable during the investigation, following which a chargesheet was filed against him under Section 299 of the Code of Criminal Procedure.A production warrant was subsequently obtained after investigators learnt that he was lodged in Lajpur Central Jail in connection with another case registered in Surat.You Can Also Check: Gold Rate in Mumbai | Silver Rate in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai | Mumbai AQI | Weather in Mumbai | Petrol Price in Mumbai | Diesel Price in Mumbai | CNG Price in Mumbai | LPG Price in MumbaiStay updated with the latest Mumbai news. Download the TOI App.