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Ahmedabad Businessman duped of Rs 89 lakh with franchise store lure

by TLAteam July 2, 2023July 2, 2023
written by TLAteam July 2, 2023July 2, 2023
Ahmedabad Businessman duped of Rs 89 lakh with franchise store lure

A 49-year-old businessman From Ahmedabad was cheated out of Rs 89.2 lakh after Haresh Rajpal and Joyal Christi, both residents of Haryana, lured him to open a franchise store in city.

Business News

The complainant was asked to give Rs 78 lakh for designing the store and purchasing goods, and another Rs 4.72 lakh as franchise fee.

He further said that he was asked to pay Rs 6.50 lakh as security deposit to the builder as the shops were on rent. When Shah paid the amount to Christi and Rajpal through cheques, they told him that the store would be ready for inauguration in October.

The work of the store remained incomplete till January despite repeated requests from the complainant. then he lodged a complaint.

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