Couple Arrested for Fraud and Passport Misuse in Gujarat
Rs 6.28 crore fraud case : Couple held for flouting bail norm, travelling abroad after claiming surrendered passports ‘missing’
The Indian Express
Image: The Indian Express
Ghanshyam Pambhar and his wife Ashmita, from Lodhika in Rajkot, Gujarat, were arrested in Surat for traveling abroad on reissued passports after falsely reporting their surrendered passports as missing. They allegedly defrauded investors of ₹6.28 crore through their company, Dhananjay Finance.
- 01The couple defrauded investors of ₹6.28 crore through false promises of high returns.
- 02They violated bail conditions by traveling abroad without permission.
- 03New passports were obtained after falsely reporting their surrendered passports as missing.
- 04The couple has been charged under multiple sections of fraud and forgery.
- 05Police are investigating potential accomplices in the passport fraud scheme.
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Ghanshyam Pambhar and Ashmita Pambhar, a couple from Lodhika in Rajkot, Gujarat, were arrested in Surat for traveling abroad on reissued passports after claiming their surrendered passports were missing, violating their bail conditions. They had previously launched a company named Dhananjay Finance in 2021, allegedly cheating several investors out of ₹6.28 crore by promising high returns. After receiving anticipatory bail from the Gujarat High Court, which required them to surrender their passports and not leave the country, their fraudulent activities were uncovered when a victim, lawyer Ashok Koyani, reported their travel to Dubai and other countries. Investigations revealed that the couple had filed false missing passport reports at the Dindoli police station in Surat, allowing them to obtain new passports. The Surat police seized these new passports and charged the couple under various sections of the Indian Penal Code and the Passport Act. They are currently in police custody as investigations continue to uncover any additional accomplices in their fraudulent scheme.
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This case highlights the risks of investment fraud and the importance of adhering to legal conditions set by courts, especially for those involved in financial schemes.
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