Eight women duped of over Rs 16 lakh

Eight women were allegedly duped by a woman to the tune of Rs 16.50, who promised high monetary returns to them on depositing money with her, police said today.
The accused, Ashwini Patil, had told the eight victims that if they invested money with her, they would get interest more than what was offered by banks or post officer on the deposits.
"After she convinced the victims, they started making monthly investments of Rs 5,000 from January 2014. However, when the so-called maturity period of the investment got over, Patil escaped with the entire amount," PSI DB Mukne of Kapurbawdi police station said.

The accused woman has been charged under sections 420 (cheating) and 406 (breach of trust) of the IPC, police said.
A search has been launched to nab the conwoman.