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Gujarat Police Recover 11 Lakh for Sydney-Based NRI Duped in Online Gold Fraud

by Economy India
July 26, 2026
Reading Time: 1 min read
Gujarat Police Recover 11 Lakh for Sydney-Based NRI

Gujarat Police Recover 11 Lakh for Sydney-Based NRI

SHARESHARESHARESHARE

AHMEDABAD, (Economy India): Gujarat Police have recovered 11 lakh for a Sydney-based Non-Resident Indian (NRI) who was allegedly cheated in an online gold purchase fraud. The amount was recovered within a month of the complaint being received, showcasing the swift action taken by the Amreli district police.

According to officials, the victim, Saurabh Jolly, who lives in Sydney, Australia, filed a complaint via email in June after losing money in the fraud. The complaint triggered an immediate investigation by the Amreli police.

Police said Jolly had transferred 11 lakh in April to a person in Gujarat’s Amreli district for the purchase of gold. However, despite receiving the payment, the accused failed to deliver the promised bullion.

Amreli Superintendent of Police Sanjay Kharat said the investigation led to the successful recovery of the entire amount within weeks. The recovered money has been returned to the complainant.

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The case highlights the growing risks associated with online financial transactions involving precious metals and also demonstrates the effectiveness of prompt police action in tackling cyber-enabled financial fraud.

Authorities have advised buyers to verify sellers thoroughly and use trusted platforms while making high-value online purchases.

(Economy India)

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Source: Economy India
Tags: Ahmedabad NewsAmreli PoliceCrime Newscyber crimecyber fraudEconomy IndiaFinancial FraudGold FraudGold Purchase FraudGujarat NewsGujarat PoliceIndia NewsNRI FraudNRI NewsOnline Gold ScamOnline ScamPolice InvestigationSanjay KharatSaurabh JollySydney NRI
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

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