Fraudsters are deceiving the customers by replacing gold ornaments deposited in banks, with imitation gold. Machilipatnam, which is known for the delicious sweet ‘Bandar Laddu’, is also famous for imitation gold, which closely resembles pure gold. Many families are eking out their livelihood by preparing imitation gold ornaments in Chilakalapudi area in the coastal town for the last few decades. But, the imitation gold jewellery is creating a problem for bank officials and the police now. “Santosh Kumar managed to credit the imitation gold ornaments, as he himself is the appraiser,” the SP said.
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