Nehru Place trader disappears defrauding Rs 35 lakh

Sunil Sharma of NSB Systems has

disappeared after defrauding Nehru Place resellers to the tune of Rs 35 lakh.

This has come as a shock to all, as Sunil had been a part of the trading

community for nearly five years now. He has reportedly duped nearly 30 traders

with varying amounts.

The traders got together in an

effort to trace Sunil's roots and even went all the way to Bulandshaher, his

place of residence only to be met his old farmer father, who had no inkling of

his son’s whereabouts. The traders then traced Sharma’s in-laws and maternal

uncle in Delhi. However, Sunil has so far remained untraceable.

It all started in March this

year, when Sunil tried to get his credit limit increased with almost all

traders. With an immaculate credit record that Sunil had, not a single trader in

the market smelt a rat. "None of his cheques had ever bounced and he always

honored his commitments," said Shyam Modi of Modi Peripherals. The truth of

the matter finally dawned when cheques started to bounce repeatedly.

Investigations revealed that Sharma was nowhere to be found having vacated both

his residential and commercial premises.

Traders alleged police inaction

in the entire episode and said that to get a FIR lodged also took as much as

three to four days. While the exact amount is still not known as more and more

traders are coming out with their figures, estimates by informed traders put the

figure at nearly Rs 35 lakh. Those defrauded include Modi Peripherals, Vidur and

Company, Comnet Vision, Park Computers, Citi Solutions, MicroMax, Fortune

Marketing, Elcon, BrainPower and Pilse Systems among others. The list is

lengthening with each passing day.

MOHIT CHHABRA 



NEW DELHI