Currency Investor's Alleged Scam Rocks South Delhi: Official Loses Rs 31 Lakh

A senior health ministry official in South Delhi's Lodhi Colony claims to have been swindled out of Rs 31 lakh by a self-proclaimed currency market investor, police reports indicate.

According to the complaint, Praful Bhat approached the official in July 2023 with an investment opportunity, promising significant returns. The official, trusting Bhat and involving his family, transferred funds totaling Rs 31 lakh including Rs 6 lakh more following a plea from Bhat citing cash shortages. Allegations suggest Bhat redirected the money to unrelated accounts, signaling potential fraud.

As pressure mounted for repayment, Bhat allegedly threatened the official and his family. An FIR was filed on August 11, citing suspicions of a broader fraud involving other potential victims. Police efforts continue to locate Bhat and uncover any wider criminal activities linked to this case.

(With inputs from agencies.)