Nagpur Hospital GM duped of Rs 43 lakh with promise of high returns on investment

Nagpur: In a recent fraud case reported in the city, the general manager of a Nagpur-based hospital was reportedly swindled out of Rs 43 lakh by his former business partner, who promised attractive returns on investment.

The victim, Vikas Mishra, a general manager at a Nagpur-based hospital, was deceived into a fraudulent scheme by his former business partner, who promised quick profits. In pursuit of these returns, Mishra had taken out multiple loans to invest in the scheme.

Following these fraudulent activities, the Sadar Police have registered a case against the suspect. As the investigation unfolds, it raises important questions about trust and integrity in business partnerships, particularly within the healthcare sector.

The sources have revealed that the accused used to supply materials to the hospital where Mishra holds a senior position. According to the police complaint lodged, the accused approached Vikas Mishra in 2019. He was lured into investing in his business for higher returns.

As per the Times of India reports, after handing him over Rs33 lakh, Mishra also settled a bank loan of Rs10 lakh.

However despite his several investments in the business he still hasn’t received any returns to date. This prompted Mishra to complain about the alleged financial misconduct.

A similar incident was reported by Medical Dialogues, where a doctor from Navi Mumbai fell victim to cyber fraud, losing ₹ 26.52 lakh to scammers who threatened to falsely implicate him in crimes such as money laundering and terrorism. According to police reports, the fraudsters behind the scam intimidated the doctor, claiming they had evidence linking him to illegal activities.

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