Mumbai: The police has booked a neighborhood finance agency’s chairman and managing director for duping round 200 folks to the tune of over ₹50 lakh by promising profitable returns on their investments. Complainant Hirendra Surve, 57, a resident of Ghodbunder in Thane learnt about Globate Capital Index Pvt Ltd in August 2021 by means of a buddy, whose son Swapnil Kamble was working with the corporate.
Kamble instructed Surve that his firm provided good returns on funding and gave pamphlets of enticing funding schemes.
Kamble additionally launched Surve to his employer and Globate Capital Index CMD Israr Iliyas Khan. “Khan instructed me that no different firm is giving excessive returns like his firm and that my funding could be safe,” Surve mentioned in his assertion to the police.
Surve subsequently invested ₹50,000 in October 2021 within the agency’s 32-week, which promised a weekly curiosity of ₹1,674 for 27 weeks and after 27 weeks, a complete curiosity of ₹45,198.
They mentioned later the principal quantity could be returned to him in 5 weekly instalments so general it was a 32-week scheme, the police mentioned. Surve additionally invested ₹1 lakh in his spouse’s title in December 2021.
For preliminary 13 weeks, Surve obtained common curiosity, nonetheless, since January 2022 he and his spouse each stopped receiving curiosity cash.
When Surve met Khan expressing his displeasure, Khan instructed him that his accomplice was arrested by the police. Khan assured Surve that he would go to Kalyan court docket and take his accomplice’s signature and launch the steadiness funds to the buyers.
On March 17, 2022, firm worker Kamble and different workers went to Khan’s Jogeshwari residence, as they didn’t obtain their salaries since January 2022. They learnt that Khan was making ready to go away town together with his household.
Surve then reached Khan’s Mulund workplace to study that like him a number of different buyers had additionally not obtained the curiosity quantity and maturity quantities.
Surve and different buyers then tried to contact Khan to get their a refund however in useless. He and different buyers later lodged a criticism with the Mulund police.
Chatting with HT, Surve claimed that greater than 197 people from 50 households have invested cash within the agency’s schemes. The victims are from center and lower-middle class households.
“Based mostly on the investor’s criticism we’ve got registered an funding fraud case in opposition to the mentioned firm’s administrators underneath related sections of Maharashtra Safety of Curiosity of Depositors (MPID) Act and IPC. Additional investigation is on,” mentioned Kantilal Kothimbire, senior inspector of Mulund police station.
“Extra victims are coming ahead to lodging complaints and the sufferer tally could go up within the coming days. We try to hint the accused administrators of the accused firm,” mentioned assistant police inspector Sunil Karande, the investigation officer of the case.
One other sufferer Vikram Pawar, 38, an Andheri resident has mentioned that he and his sister invested ₹3.67 lakh with Khan’s agency and have been duped. Like others. in addition they obtained curiosity quantity initially and the corporate defaulted later, Pawar mentioned.
Regardless of repeated makes an attempt, Khan couldn’t be reached for feedback.
