A Ghaziabad-based businessman and paper mill owner has been booked for allegedly cheating a Meerut-based chartered accountant of ₹1 crore by taking a loan and failing to repay it. The FIR was registered at Lohiyanagar police station after a probe initiated through a complaint on the Chief Minister’s grievance portal confirmed the bank transaction.
According to the complaint, Rahul Agrawal, a CA and resident of Shastri Nagar, transferred ₹1 crore via RTGS on May 31, 2025, to Rajesh Agrawal of Shipra Sun City, Indirapuram, who operates a paper mill in Kashipur, Uttarakhand. The money was given as a loan based on professional acquaintance, as Rahul handled work related to Rajesh’s firm.
The complainant alleged that despite repeated requests, the amount was not returned and excuses were made to delay repayment. When no action was taken on an earlier police complaint, he approached the Chief Minister through a written representation and lodged a grievance on the CM portal.
The inquiry was assigned to ASP Antariksh Jain, who verified the RTGS transfer and found prima facie evidence supporting the allegations. Following this, a case of cheating and related offences was registered against Rajesh Agrawal, his wife Deepika, son Digansh and sister-in-law Veena Agrawal.
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Police said the investigation will examine the terms under which the money was given, whether it was a personal loan or linked to a business investment, and how the funds were utilised. Bank account details and supporting documents are being collected to trace the current status of the money.
Officials indicated that arrests may follow depending on the findings. The role of each named accused and any financial transactions between them are also under scrutiny.
The FIR was lodged only after confirmation of the bank records and RTGS trail, and further action will be taken based on documentary and financial evidence gathered during the probe.
About the author – Rehan Khan is a law student and legal journalist with a keen interest in cybercrime, digital fraud, and emerging technology laws. He writes on the intersection of law, cybersecurity, and online safety, focusing on developments that impact individuals and institutions in India.
