Owners of finance firm get five yrs RI for cheating

THANE: A court in Thane district of Maharashtra has sentenced two men to five years of rigorous imprisonment for cheating investors of lakhs.

District judge P P Jadhav in his order on Tuesday found the accused Umesh Ramesh Jadhav and Rajesh Rambali Singh guilty under relevant provisions of the IPC and the Maharashtra Protection of Interest of Depositers (In Financial Establishments) (MPID) Act.