Jalandhar: Couple buys jewellery worth Rs. 1.9lakh with fake notes

Jalandhar: Couple buys jewellery worth Rs. 1.9lakh with fake notes

In a tragicomic incident, a jeweller from Jalandhar was cheated of Rs. 1.90 lakh worth of jewellery by a couple using fake currency. On October 22, the couple went shopping at the jeweller’s shop, selected 56gm of gold jewellery worth Rs. 1.90 lakh, and paid the jeweller in fake currency before beating a hasty retreat. An FIR has been registered. The couple paid using ‘Entertainment Bank of India’ notes Speaking to press, the shop owner, Shyam Sundar Verma, said that he realized the fraud only after the couple left. Having…

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Demonetisation: Mumbai schools ‘force’ teachers to deposit old notes to turn black money into white

Demonetisation: Mumbai schools ‘force’ teachers to deposit old notes to turn black money into white

At a time when people are grappling with cash crunch after the scrapping of high value notes, Mumbai’s teachers have complained of harassment from school managements. Reason: Schools are asking their teachers to deposit large sums of money into the latter’s bank accounts. Since the Narendra Modi government’s November 8 decision, accusations against schools indulging in such malpractices have been pouring in to a mobile application launched recently by a parents’ organisation. At least six teachers anonymously complained that their school management gave them money to deposit into their own…

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