class="post-template-default single single-post postid-3328 single-format-standard wp-custom-logo rightsidebar elementor-default elementor-kit-6" itemscope itemtype="">

LPG agency owners booked for cheating customers of Rs 5.5cr – Times of India

PUNE: The Economic Offences Wing (EOW) of the Pune police is probing a case of cheating against the owner of an LPG agency and his son for cheating their customers of Rs 5.53 crore by promising handsome returns on investments with their agency at Nimbalkar Talim in Sadashiv Peth.
The agency owner Uday Joshi was a former BJP corporator of the PMC.
TOI tried to reach Joshi on Sunday afternoon, but his phone was switched off. His son Mayuresh told TOI, “My father has a reputation of being a good businessman and a good corporator. All these people have colluded together to tarnish his image as the civic elections are approaching now. We will come out with an official statement in next few days,” Mayuresh said. According to the FIR, the cheating took place between July 2021 and June 2022.
EOW officials said, “The agency does not have any permission to take FDs or any kind of investment from people (which is mandatory as per the Reserve Bank of India’s norms).”
As of now, nine people have approached the police. One of the victims, Mangesh Khare of Sadashiv Peth, lodged a complaint with the Vishrambaug police station. Inspector Gurudatta More of EOW said, “Khare, who is a civil contractor, stated in the FIR that he was earlier staying in Sadashiv Peth near the gas agency’s office. The father-son duo spoke to him at lenght and claimed they would provide handsome returns to him if he would invest in their FD scheme.”
“Khare then invested Rs 14 lakh in the scheme and the agency operator gave him a receipt with the agency’s letterhead,” he said.
“However, the agency operator did not give any returns to Khare even after the FD’s maturity. He waited for a long time, thinking they would give him his promised returns or at least give back his initial investment, and then approached the us with his complaint about two months ago. We conducted an inquiry and then registered the FIR,” More said. A case of cheating and criminal breach of trust has been registered against them. The police have also invoked provisions of the Maharashtra Protection Of Depositors Act against the two.

Source link

About The Author

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *