Mohali, June 8 -- A used-car dealer in Kharar has been booked for allegedly duping a youth of Rs.19.75 lakh by promising high returns on investment in his business, police said on Sunday. Complainant Sehaj Kapoor, 19, a resident of Sector 70 in Mohali, stated that he came in contact with Dharmendra in February 2024 during a vehicle transaction involving a BMW car. The complainant said that the accused made refund to him for the defective vehicle and then persuaded him to invest in his used-car business while promising equal profit sharing and an assured monthly return of Rs.1 lakh.

The complainant alleged that between March and May 2024, he paid Rs.19.75 lakh in cash and online payments. The FIR states that the accused used the money to ...