Surat trader duped through fake IndiaMART firm; accused fraudster nabbed from Mumbai October 22, 2025
Surat: A Mumbai-based conman who duped traders of industrial tools worth ₹50.54 lakh through a fake company on an online marketplace has been arrested after evading the police for a year.
In 2024, a Surat-based businessman lodged a complaint at the Udhna Police Station alleging that he had been cheated by a firm named V-Tech , which was registered on the IndiaMART application. The complainant stated that V-Tech had placed an order worth ₹50.54 lakh from Vapi. However, after the goods were dispatched and payment recovery was initiated, it was found that the firm’s office at the Vapi address had been shut down.
According to the police, the accused, Bhupendra Amrutlal Panchal (a native