Suspected cheat

Sixty-two-year-old Khurshid Daroowala, who allegedly collected Rs 1.09 crore between 2005 and 2007, and vanished, has been arrested by the police for duping over 35 businessmen in Bombay and Goa, reported The Hindu on May 27, 2016. "Daroowala told her potential victims, who were seeking loans, that she was associated with a Parsi trust, and that her adopted US-based father could organize funds in dollars. Her mannerisms and Parsi background became her unique selling point to cheat the genuine businessmen,” Pravin More, senior police inspector with the Mahim police station, told the newspaper.
Daroowala’s modus operandi was reportedly to ask the businessmen to make advance payments as commissions, as this was required to convert the funds into dollars. She also made them sign a fake memorandum of understanding. After she vanished, the businessmen lodged complaints and the police launched a search for the woman.
"The investigators, who visited the residence of the woman, were consistently told by her family members, including husband and two children, that she was in the US and had snapped ties with them,” More informed The Hindu. Recently, the police traced one of her telephone numbers to a hotel in Khetwadi, in central Bombay from where she was arrested and placed in judicial custody. She will be interrogated to find out the scale of the fraud, the police officer told the newspaper.