Ludhiana, Dec. 7 -- Police have registered an FIR against a couple for allegedly duping at least five hosiery owners of over Rs.1.12 crore by posing as business traders.

The accused, identified as Nitin Parti of New Atam Nagar, Haibowal, and his wife Monika Parti, allegedly threatened the victims when they demanded repayment.

The case was registered by Basti Jodhewal police after a preliminary investigation.

According to police, the scam came to light following complaints from multiple hosiery owners.

Amit Thapar of Harbansapura, Haibowal, stated in his complaint that the couple contacted him in July 2024, claiming to own multiple firms. Initially, they purchased goods and paid promptly to gain trust.

Later, they bought hosiery items...