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Family of 3 Booked for Duping Navi Mumbai Businessman of Rs 8.46 Crore in Raw Material Deal
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News18•25-09-2026, 13:45
Family of 3 Booked for Duping Navi Mumbai Businessman of Rs 8.46 Crore in Raw Material Deal
- •A Navi Mumbai businessman, Gaurav Anil Singhal, was allegedly defrauded of Rs 8.46 crore by APRAN Enterprises and its three directors, Aditya Arvind Agarwal, Gautam Agarwal, and Arvind Agarwal.
- •The fraud involved a raw material supply deal where Singhal's company purchased and supplied materials to APRAN Enterprises for a 2.25% commission, but the accused defaulted on payments for three years.
- •Initial transactions proceeded smoothly, but the accused later intentionally evaded payments, leading to bounced cheques and unfulfilled payment schedules.
- •The accused issued 10 cheques of Rs 25 lakh each to settle part of the dues, but only one cleared, with the remaining nine bouncing.
- •Despite agreeing in March to clear Rs 4.5 crore in 12 installments, the accused failed to make any payments, leading to a case being registered under the Bharatiya Nyaya Sanhita, though no arrests have been made.
Key Questions Answered
A Navi Mumbai businessman, Gaurav Anil Singhal, was allegedly cheated of Rs 8.46 crore by a private firm and its three directors in a raw material supply deal.
The police registered a case against APRAN Enterprises and its three directors: Aditya Arvind Agarwal (35), his brother Gautam Agarwal (38), and their father Arvind Agarwal (71).
A case has been registered against the accused under the Bharatiya Nyaya Sanhita, though no arrests have been made so far and the investigation remains ongoing.