Quack cheats 40-year-old goldsmith of ₹1.3 crore, promises five kg of gold coins from hidden treasure
A 40-year-old goldsmith filed a police complaint alleging he was defrauded of ₹1.3 crore by a man posing as an Ayurvedic practitioner. The suspect promised to sell the victim gold coins allegedly found in a hidden treasure.
Why it matters
This case illustrates the prevalence of financial fraud schemes targeting vulnerable individuals through false promises of wealth.
A 40-year-old goldsmith has lodged a police complaint alleging that he was cheated of ₹1.3 crore by a man posing as an Ayurvedic practitioner, who allegedly promised to sell him five kg of gold coins that he claimed to have obtained from a hidden treasure.
According to the complaint , the goldsmith had been suffering from an ailment for nearly two years when he came into contact with the accused, identified as Bhootha Lingaiah, a man aged around 55 who was reportedly from the Tamil Nadu border region.
The accused allegedly gained the complainant’s trust by offering Ayurvedic medicines and claiming that he could help him recover from his health problems.
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