In a recent incident in Ahmedabad, an Angadia trader fell victim to a scam and lost Rs 14 lakh. The trader, who was a satellite trader, was targeted by fraudsters who lured him into a trap. The fraudsters managed to dupe the trader of a significant amount of money through deceitful means. This incident serves as a reminder of the prevalence of financial scams in India and the importance of vigilance when conducting business transactions. The Angadia system, which is a traditional method of transferring valuables and money in India, has been targeted by scammers in the past due to its cash-based nature. It is crucial for individuals and businesses to exercise caution and verify the legitimacy of their transactions to avoid falling prey to such fraudulent activities. Authorities are investigating the case to apprehend the culprits and prevent similar incidents in the future. Stay updated on the latest news and developments in financial security to protect yourself and your assets.

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Satellite trader duped of Rs 14 lakh in Angadia trap; Ahmedabad police investigate.
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