After allegedly having perpetrated the ‘biggest financial scam’ in the country, the infamous ‘Stock Guru couple’, who have said to have cheated over two lakh investors of hundreds of crores nationwide, have now been booked for a relatively minor crime — passport fraud.
The crime branch, which arrested the couple from their posh hideout in Maharashtra's Ratnagiri earlier last month, is now on the lookout for two Rohini-based ‘travel agents’ who helped Ulhas Prabhakar Khaire, his wife Raksha J. Urs, 30 and their two daughters procure passports on fake documents.
Another one of the couple’s hideouts, a luxury suite located atop a high-end apartment complex in Noida, has been identified by the investigators.
“Khaire, his wife and two minor daughters got their respective passports issued in assumed names with the help of two men, whom they have identified as Sumit Sachar and Ashish Sharma. They operate from an office in Rohini's sector 14,” said an officer.
The fake passports were in the names of Lokeshwar Dev, Priyanka Saraswat Dev, Gungun and Gunjan.
The ‘misrepresentation of facts’, police said, lay in the fact that the family had given a plot located in Dwarka as their current and permanent address.
“A case of criminal conspiracy, common intention, cheating, forgery and section 12 of the Passport Act has been slapped on the couple,” the officer said.
The couple used to induce victims to invest money in their company, ‘M/s Stock Guru India’ operating from Delhi's Rama Road in 2010, on the promise of lucrative returns and against promissory notes issued by their aides Lokeshwar Dev and Priyanka Dev. After that, the couple would quietly shut down their office and disappear.