CA loses 1cr in bid to put cash in bank a/c

Surat: A Surat-based chartered accountant has been cheated of Rs 1 crore by three persons, including an angadia firm manager. The complaint was filed by Bhavik Patel (33).
According to the case, Patel runs his CA firm in Sarthana area and has a good client base. He came in contact with Harish Sisara through one of his clients. Sisara told Patel that he had contact with big firms and would help him in converting cash into bank entry if needed.
In the meantime, Patel’s Rajkot-based client Ragini Bipinchandra Sevakarya Trust got Rs 1 crore in cash donation. As the trust wanted to convert it into bank entry, they sent the money to Patel in Surat through an angadia firm. Patel contacted his regular service providers for the job but they refused to do it as the amount was big.
So Patel contacted Sisara who assured him of bank entry. On March 30, Sisara met Patel and told him that an RTGS entry would be done into the trust’s account from the account of one Bhajanlal Sharma. For this, the cash was needed to be sent to his friend Abhay Patil in Delhi through angadia.
Sisara took Patel to Mahidharpura-based angadia firm S K Angadia and made him meet firm manager Dinesh Patel. Both Dinesh and Sisara assured Patel of delivery of the cash to Abhay Patil in Delhi. Dinesh also gave it in writing with his firm’s stamp on it.
After a couple of hours, Sisara called Patil who confirmed to have received the cash. However, as he did not transfer the money through RTGS to the trust’s account, Patel went back to the angadia firm but it was shut. Even Dinesh was not available on calls. Even Sisara left the place, claiming he needed to go to Delhi to meet Patil to know why he did not transfer the money.
Realising that he had been cheated, Patel gave an application to Mahidharpura police.