Chandigarh, April 27 -- A Sector 21 resident has been booked for allegedly defrauding a Beijing-based company of $130,000 (around Rs.1.2 crore) on the pretext of supplying surgical masks in 2020. The accused has not yet been arrested.

Complainant Rajendra Aggarwal told police that the accused Mast Ram, a proprietor of a firm namely Vam Pharma, had defrauded his firm Beijing HJC Import and Exports Co Ltd, which is in the business of commodity trading, trading of pharma products, oil gas products and other consumer products for varied applications in China.

Vam Pharma entered into an agreement with Beijing HJC Import and Exports Co. Ltd. on February 11, 2020, to supply five lakh three-ply surgical masks for $130,000. The buyer paid 50% of...