Chandrapur woman accused of Rs 1.44 crore share trading fraud

A major financial fraud complaint has been registered at Ramnagar police station in Chandrapur. The complaint alleges that victims were lured into investing money in share trading with promises of a 10 to 15 percent monthly commission and the assurance that their money would eventually be doubled. According to the complaint, a total of around Rs 1 crore 44 lakh 12 thousand was collected from various people this way. Uma Pappu Bhat has demanded action against Nikhita Barai and Kalyani Das. Police are now examining bank accounts, UPI transactions and documents, and the full picture of the amount and the allegations is expected to become clear only after the investigation is complete.

According to the complaint, in 2024 Nikhita Barai, who lived in the neighbourhood, told the complainant that investing money in share trading would yield a 10 to 15 percent monthly commission. Returns were paid for some time on the initial investment, which built the complainant's trust. Larger sums were then handed over to Nikhita Barai on different dates. The complainant states that between 2024 and April 2026, around Rs 55 lakh was given to Nikhita through various transactions, some of it in cash and some raised through savings and loans taken against gold. The complaint states that the actual amount came to light only after an examination of bank accounts, UPI transactions and other documents.

From March 2026, Nikhita Barai stopped paying out money. When asked to return the funds, she said she had met with an accident and could not pay at present, and assured that the full amount would be returned after two months. Following this, other people in the area also began asking her for their money. They had been promised repayment in June, but did not receive it. A few days later, Nikhita Barai left home with her children. When she could not be traced, local residents suspected they too had been defrauded, after which it emerged that money had been taken from others in similar fashion.

According to the complaint, Rs 13.50 lakh was taken from Seema Sanjay Mujumdar, Rs 7 lakh from Jayanti Dinesh Das, Rs 9 lakh from Supriya Naresh, Rs 7 lakh from Rekha Manoj Paul, Rs 6 lakh from Shruti Sanjay Das, Rs 11 lakh from Rohit alias Pappu Ransing Bhat, Rs 6.30 lakh from Shivam Krishna Shaha, Rs 22.50 lakh from Aditya Manoj Mallaki, Rs 6 lakh from Azhar Sheikh and Rs 82 thousand from Sachin Dinesh Das. The complaint claims a total of Rs 89 lakh 12 thousand was taken from these people. Combined with the roughly Rs 55 lakh taken from the complainant, the total amount is stated to be around Rs 1 crore 44 lakh 12 thousand.

Legal action has been sought against Nikhita Barai and Kalyani Das in the case. Police are investigating bank accounts, UPI transactions, other financial documents and the role of those involved. The full picture of the actual amount and the alleged fraud is expected to emerge only once the investigation is complete.