Sahara company cheated 96 lakhs from businessman Pipa News


Sahara company cheated 96 lakhs from businessman

Bhopal (Madhya Pradesh): MP Nagar Police said here on Tuesday that a businessman was lured to invest money for better returns and was asked to deposit the money in Sahara India Financial Corporation Limited. Similarly, more than 83 investors have been duped and they have suffered a loss of about Rs 91 crore.

The Assistant Commissioner of Police told the Free Press that the complainant Jagdish Moolchandani, a resident of Piplalni, had lodged a complaint with the police station.

According to reports, company officials Satya Prakash Srivastava, VK Srivastava, Alak Singh, Karunesh Awasthi, Dinesh and Om Prakash had tricked Jagdish Moolchandani into investing in the company.

He had invested in 2012. When his amount matured, he approached the company’s office, which was closed. When contacted the company officials, no one responded.

After this, Jagdish Moolchandani lodged a complaint in the police station. The police have registered a case under sections 420,409 and 120-B of the IPC against more than six officials of the company. the police has started to investigate.

(If you have a story in and around Mumbai, you have our ears, become a citizen journalist and send us your story here.)

(To receive our e-paper on WhatsApp daily, please click here. To receive it on Telegram, please click here. We allow PDF of the paper to be shared on WhatsApp and other social media platforms. )