The Tilak Nagar police in Chembur have registered a case against two individuals for allegedly defrauding a bank manager from Kotak Mahindra’s Ghatkopar branch of ₹26 lakh. One of the accused, a customer of the bank, along with his associate, approached the manager under the pretense of offering profitable stock market investments, promising attractive returns.
According to the police, the fraud occurred between 2022 and 2023, when the victim was employed as a relationship manager at ICICI Bank’s BKC branch. The victim, a Chembur resident, met Aamir Ali Dostmohammad Merchant, a bank customer who claimed to be a stock market expert. Merchant introduced her to his associate, Imran Ahmed Qureshi, and together they convinced her to invest, offering a 10% monthly commission.
Over the course of a year, the victim invested more than ₹26 lakh. While she initially received some of the promised commission, the payments soon stopped. Despite multiple follow-ups, the accused failed to offer any explanation.
In her attempts to recover the money, the victim discovered that Aamir Ali had sold his house in Neral and disappeared. Further investigation revealed that Imran had also closed the bank account used for the transactions. After nearly a year of waiting, the victim filed a police complaint on October 4, resulting in charges of cheating and criminal breach of trust against the accused.