Vadodara: The Vadodara crime branch arrested four men including fake customs officers on Monday because of deceiving a businessman based in Ahmedabad in black dollars.
The defendant deceived Maulik Prajapati promising to give him the US dollar and took Rs 30 lakh from him last month.
Prajapati approached the city police several weeks ago following that the crime branch began an investigation and registered complaints.
According to the police, Prajapati was approached by one of the charges of Bharat Gida who said that he knew a customs officer who owned the US dollar.
Bharat arranged a meeting between Prajapati and fake customs officers A K Malhotra in a hotel in the city in August this year.
Malhotra then told Prajapati that he could give him a US dollar worth 7 lakh for Rs 51 per US $ so he could sell at a higher level.
Prajapati said that she did not have a lot of money in hand and left.
After several days Bharat returned to contact Prajapati and said that Malhotra had a large number of US dollars.
Prajapati agreed to invest RS 30 lakh after Bharat said that he would also invest the same amount in the dollar.
In October, Prajapati met Malhotra in a hotel in Vadodara where the latter showed her how to use chemicals to change the black dollar into the original currency.
Prajapati then gave Rs 30 Lakh, but the gang did not give him chemicals to wash the black dollar after he realized that he was cheated.
After Prajapati approached the police, they arrested Bharat, Malhotra, whose real name was Shahid Navdekar, Mahesh Vala and Imran Bhurani of the letter.
“This gang cheats residents by promising their favorable return on black dollars,” JaydeePsinh Jadeja, DCP (Crime).