Thane’s Economic Offence Wing has lodged a case against the deceased person. The case on the deceased person is for allegedly masterminding an investment fraud that cheated the 9 individuals of Rs 82.57 lakh. This happened between 2019 and December 2024.
The accused was the resident of Thane district in Maharashtra. The accused brought various schemes having hindi name offering various returns, said police officials. The accused allegedly committed suicide on Saturday.
As quoted by the Times of India, the Investigating officer mentioned that, “The total number of investors as well as the amount cheated is likely to rise as the probe progresses. Also, the investors or those who were cheated will be summoned to record their statements along with the documents.”
The case was registered under the Maharashtra Protection of Interest of Depositors (In Financial Establishments) Act in the Naupada police station.
As per the police complaint, the accused who in now no more has lured the people or the investors by doing a promise of good return.
This fraud came in front when the people who made investment didn’t got any return. As per the police complaint, the accused enticed the individuals with a promise of good return. Initially he persuaded the main complainant to make investment of Rs 17.77 lakh.
