MeraNews Network, Morbi: A case of fraud worth crores of rupees have been discovered in Veraval town of Gujarat where a firm named Real India Private Limited opened an office in the city in 2015 and lured many unsuspecting investors to put in their money in a savings-deposit scheme for high returns. About 815 people invested Rs 3.25 crores in the scheme but never got their money back as the firm allegedly shut shop within after a year. A complaint has been now filed at the local police station against 11 persons belonging to the firm, of which 10 are from Lucknow in Uttar Pradesh and 1 from Vadodara.

According to the police, Real India Private Limited took an office at Vinayak Plaza in Veraval town and floated several savings and deposit schemes where they offered returns from 4.5 percent to 15 percent within five years of investment. It had about 15 agents on their rolls that convinced more than 800 people to invest Rs 3,25,12,733 in the schemes that consisted of daily, monthly and other similar deposit schemes. When many of the agents went to the office to collect the amount after their customers’ savings time period had lapsed. But found the office shut. The agents then met the directors and MD Pradip Gupta in Lucknow, who told them that the firm had bought some land with the money, will be soon selling it off and paying back the customers. But till date, not a single penny has been paid back.

One of the agents, Yogesh Joshi has filed a complaint against 11 persons of Real India Private Limited, Pradip Gupta, Pradyumna Singh, Nikhil Kumar Shrivastav, Pankaj Kumar Shrivastav, Pratik Mishra, Jyoti Gupta, Mamta Sharma, Sushmita Saxena, Mohammed Hanif and Bholenath Sahani from Lucknow and Dhruv Nishad from Vadodara. The police have filed charges against them under IPC sections 409, 406, 420 and 120.

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