Dravid complains to police against Ponzi company
MUMBAI: They have been sent to police custody for 14 days. The gang has duped the investors of over ~300 crore. We are verifying the documents. BANGALORE POLICE, On accused
Former India captain Rahul Dravid has filed a police complaint against a Ponzi company, claiming that he has not received full payment from the company to match his initial payment.
According to News18, Dravid said in his complaint that he had invested ~20 crore in Vikram Investments hoping for higher returns, but so far he has received only ~16 crore. Dravid made this claim in his complaint to the Indiranagar Police in Bangalore.
MASSIVE SCAM
The complaint has now been transferred to the Banashankari Police, who are said to be investigating a scam worth ~500 crore and more.
The local police had earlier arrested the owner of the company named Raghvendra.
Sreenath along with agents Sutram Suresh, Narsimhamurthy, KC Nagaraj and Prahlad as they have allegedly duped more than 80 people.
MORE VICTIMS
The report added that Suresh is a known sports journalist in Bangalore and is believed to have convinced Dravid, Saina Nehwal and former badminton player Prakash Padukone in investing their money in Ponzi scheme.
A policeman said, “They have been sent to police custody for 14 days. The gang has duped the investors of over ~300 crore. We are verifying the documents.”
The company had promised 40 per cent returns on investment, the police said, adding that the accused have revealed the names of the investors whose bank accounts are being checked.