Patiala resident duped of Rs 9 lakh by private company
The local police on Tuesday booked two persons, including the owner of a private firm, in connection with an alleged scam of over Rs 9 lakh.punjab Updated: Sep 01, 2016 16:12 IST
The local police on Tuesday booked two persons, including the owner of a private firm, in connection with an alleged scam of over Rs 9 lakh.
The scam came to limelight after the complainant alleged that he was duped by a private firm ACL company.
A case has been registered against a Sangrur resident, Sukhjinder Singh, and the owner of ACL company, who has not been identified so far.
In his complaint, Surjeet Singh, a resident of Ghangroli village near Samana, stated that a local firm ACL company, used to lure investors by offering them higher interest rates. The investors were told that their money would be doubled in three years to gain more profit.
He said he invested Rs 9.31 lakh in the company after the assurance of both the accused and after taking his money, both starting making excuses to return it.
He said that after failing to get the money from the accused, he lodged a police complaint on July 7.
The case has been registered under Section 406 (criminal breach of trust), 420 (cheating) and 120B (criminal conspiracy) of Indian Penal Code (IPC) at Sadar Samana police station.