Flipkart founders booked for cheating bizman of Rs 9.96 cr

Mangalore Today News Network

Bengaluru, Nov 28, 2017 : The co-founders and directors of e-commerce major Flipkart have been booked for cheating a businessman of Rs 9.96 crore.

 

The Indiranagar police registered an FIR against Sachin Bansal and Binny Bansal, the co-founders, and other representatives of the company on the basis of a complaint filed by Naveen Kumar, the manager of a company named C-Store.

C-Store had supplied around 14,000 laptops and other electronic goods to Flipkart to be sold on the online platform. Flipkart returned 1,480 units and did not pay for the rest. It didn’t pay the shipping charges either, the complaint stated.

Police have booked the suspects under IPC sections pertaining to cheating and criminal breach of trust. Further investigation is underway.



courtesy:DHNS