Jammu, July 9 -- A Hyderabad businessman's dream to invest in rare blue sapphires turned into a costly nightmare after he was duped of Rs 3 crore by fraudsters posing as gemstone dealers, Jammu and Kashmir Police said on WednesdayPolice helped the businessman recover Rs 62 lakh and have initiated legal proceedings to attach properties of the accused under Section 107 of the Bharatiya Nagarik Suraksha Sanhita (BNSS), under which property can be attached and forfeited to restore the cheated amount to the complainant, according to officials.
Mir Firasath Ali Khan from Hyderabad lodged a complaint at Bahu Fort police station last year, alleging that some people from Jammu tried to sell him fake diamonds in the name of the renowned Kashmir blue...