Pressure mounts on EOW to probe into non-refund of dues by DSK Group
The action has come after a case was registered against Deepak Sakharam Kulkarni, 68, and his wife Hemanti Deepak Kulkarni for cheating and criminal breach of trust. While the case was filed by one Jitendra Narayan Mulekar, 65, many such applications have flooded the Economic Offences Wing (EOW) office of senior police inspector Sanjay S Kurundkar in Shivajinagar.pune Updated: Nov 02, 2017 14:38 IST
At least 50 persons who had invested in schemes run by the DSK Group in Pune approached the Economic Offence Wing (EOW) on Wednesday, with documents against the company, demanding that their investments be refunded. They have also appealed to chief minister Devendra Fadnavis seeking his intervention.
Many have written to the EOW previously with complaints of defaulted payments and bounced cheques by the company.
The action has come after a case was registered against Deepak Sakharam Kulkarni, 68, and his wife Hemanti Deepak Kulkarni for cheating and criminal breach of trust. While the case was filed by one Jitendra Narayan Mulekar, 65, many such applications have flooded the Economic Offences Wing (EOW) office of senior police inspector Sanjay S Kurundkar in Shivajinagar.
The police are looking into various firms of the DSK group involved in the matter, according to Sudhir Hiremath, deputy commissioner of police, cybercrime and EOW. He also said that several agencies and authorities have to be consulted since the matter is “not a straightforward case”.
Mohan Sopan Parate, an 80-year-old retired school teacher, is one of the many who submitted his application. While submitting his application, Parate tried to answer as many questions as he could hear with the help of his hearing-aide. Parate, who retired in 1998, has invested ₹5.40 lakh through four fixed deposits at DS Kulkarni Developers Limited (DSKDL) within the past five years.
Parate lives alone since his wife’s death in 2005 and is surviving on his pension. “I heard about this scheme through the people around me and decided to invest in it. I had heard good things about it. However, one of the four FD matured in October and the cheque I had received bounced on October 24,” said Parate.
Similarly, Vijaya Naik, 64, a resident of Katraj, has invested ₹18 lakh through six FDs over the past few years. “Earlier, we used to get the interest on time. But since last year, it suddenly came to a standstill. Since my husband handed over our shop to a relative, he has stopped working. We have medical bills to pay. This was the only source of regular income for us,” said Naik, whose husband was an optician.
Sanjay Tipnis, a hotelier, who is among the investors said he has met DS Kulkarni multiple times and found that he never kept his promises made to the investors.
“He is a big liar. He has lied to us multiple times,” he said, while adding that a committee of investors of which he was a member, had offered to work out a solution with DSK, but that offer was turned down.
Another investor, PD Vaykar, 81, alleged that the returns stopped coming after Dream City, a DSKDL project, went into the construction phase. Vaykar himself has four FDs collectively worth ₹13 lakh.