The Pratap Nagar police on Saturday seized a BMW Car and various immovable properties from the office bearers of a fake Finance Company Green Vihar Developers and Colonisers which were arrested for duping people of Lakhs of rupees on the name of investments.
The action was taken by the police on Saturday on the information provided by the accused during the course of interrogation,during the interrogation of the accused police also learnt that the key accused director of the fake company Giriraj Pandey has procured a number of properties at various districts of Madya Padesh using the money of investors.
Upon verifying the possesion of these properties the police have seized them.
Accused director bought a BMW Car from money of investors.
The police has also seized a BMW Car from the accused director of the finance company which he allegedly bought by the money raised by the investors,said police.
SP Kailash Chandra Bishnoi informed that the matter came to light when one Narendra Singh has filled a complaint against Giriraj Pandey,Sunil Pandey Deepak Sharma residents of Rajgarh district of MP and Yagya Prasad Sharma and Amanat Ali of G-Life India Developers and Green Vihar Developers and Colonisers for cheating him for money on the name of making investments in their companies and getting their money doubled in a year.
In his report Singh informed the police that these accused have opened the branches of their companies at Pipli Chowk of Payda area of Udaipur,they with the help of around 4000 agents made hundred of people across entire Udaipur division including Rajsamand,Banswara, Dungarpur, Udaipur and Kherwada to invest in thier companies either luring them for getting thier money doubled in a year or investing them as recuring deposits,Bishnoi added.
However one of the accused Sunil Pandey was earlier arrested by the police from the jail of Bhandara district of Maharastra while the later on his information the key accused and the master mind Giriraj was nabbed Rajgarh area of MP on 25th June 2019,said SP.
On Saturday police got the information about the illicit properties of the accused which he had bought from the money of the investors, following the information a team of Pratap Nagar police went to MP and seized the properties including a BMW CAR(registration no: UP 16 BD 3197) possessed by the accused.