Two foreign currency exchange fraudsters held in Noida

foreign currency exchange
foreign currency exchange

Noida : On Monday, Noida police claimed they had detained two Delhi-based individuals who reportedly misled clients by offering them foreign dollars in exchange for Indian currency at low exchange rates.

Officials said the accused were apprehended by a squad from Sector 142 police station after a case was filed against them on Sunday based on a complaint from a local citizen. The accused lured the complainant with an offer of $15,000 in exchange for ₹4.5 lakh in Indian currency, but cheated the complainant, a police official said.

Mizanur Sheikh and Mursaleem, both from Bardhman in West Bengal, are presently residing in East Delhi’s Seemapuri neighbourhood. They were detained near the Advant building in Noida on Monday, a spokesperson said.

According to the official, the police recovered ₹41,500 in cash, a $20 bill, five Saudi Arabian currency notes of denomination 50, two mobile phones, and a knife from them.

A soap bar was also confiscated from their possession. The duo frequently fooled naïve people by delivering them soap wrapped in a newspaper and telling them it was cash in foreign currency that they had requested, the officer stated. According to the police, an FIR has been filed against the two at Sector 142 police station under Indian Penal Code sections 406 (criminal breach of trust) and 420 (cheating).