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Fake 'ED raid': Mumbai jeweller hoodwinked; loses gold, cash worth Rs 2 cr

By IANS | Updated: January 24, 2023 18:15 IST

Mumbai, Jan 24 Four unknown persons masquerading as Enforcement Directorate (ED) officers ‘raided and looted a jewellery businessman ...

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Mumbai, Jan 24 Four unknown persons masquerading as Enforcement Directorate (ED) officers ‘raided and looted a jewellery businessman of gold and cash worth over Rs 2 crore, the police said here on Tuesday.

The incident happened in the glittering Zaveri Bazar area – the hub of gold jewellery business in south Mumbai, according to officers at the LT Marg police station.

The four persons entered the office of the victim claiming to be ‘ED officers', raided his premises and took away 3 kg gold worth Rs 1.70 crore and Rs 25 lakh in cash, before decamping.

Moving swiftly, the police have managed to apprehend two suspects who are being interrogated even as the incident sent shockwaves in the jewellery market.

The police are hunting for the other two accused and have lodged a case under various sections of the Indian Penal Code. Further probe is underway.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Enforcement DirectorateDepartment of economic affairs of finance ministryRevenue and department of economic affairsGovernment of india, directorate of enforcementFormer enforcement directorateIncome tax, enforcement directorate
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