Trio Dupe Investor Over 10l | Pune News
Pune: Alankar Police are investigating a complaint by an investor (36) from Moshi accusing three officials of a multi-level marketing (MLM) company in Nashik of defrauding him of Rs10.39 lakh after he promised high returns on investment.
Police said the scam took place between November 2020 and January 2021. The complainant approached police six months ago after the company closed its office on Karve Road.
“Nashik police are investigating the cheating complaint against the company. However, the complainant insisted that the Pune police file a case. Our team will travel to Nashik for further investigation,” said Senior Inspector Rajendra Sahane from Alankar Police Station.
Sahane said the company has launched different investment programs and promised handsome returns to investors.
“The company has also promised regular revenue plans to investors as the channel grows,” Sahane said.
“The company had an office on Karve Road. After accepting money from the plaintiff, the company liquidated his office,” the officer said.
“Despite repeated requests, the company has not returned the returns it was promised, as well as the initial investments. Our team visited the office and found it locked,” Sahane said.
Police said the scam took place between November 2020 and January 2021. The complainant approached police six months ago after the company closed its office on Karve Road.
“Nashik police are investigating the cheating complaint against the company. However, the complainant insisted that the Pune police file a case. Our team will travel to Nashik for further investigation,” said Senior Inspector Rajendra Sahane from Alankar Police Station.
Sahane said the company has launched different investment programs and promised handsome returns to investors.
“The company has also promised regular revenue plans to investors as the channel grows,” Sahane said.
“The company had an office on Karve Road. After accepting money from the plaintiff, the company liquidated his office,” the officer said.
“Despite repeated requests, the company has not returned the returns it was promised, as well as the initial investments. Our team visited the office and found it locked,” Sahane said.