Golmaal fame actor Shreyas Talpade booked in financial fraud case
The accused were running a company which allegedly promised villagers that their investments would almost double in a short span of time.
The Jammu and Kashmir police have registered a fraud case against Bollywood actor Shreyas Talpade and 14 others for allegedly duping hundreds of villagers through a lucrative chit fund scheme.
Bollywood and Marathi film actor Shreyas Talpade has featured in many movies, including the popular film franchise ‘Golmaal’ and his debut film 'Iqbal'.
The accused were running a company named 'The Loni Urban Multistate Credit and Thrift Cooperative Society Limited, according to Live Hindustan. Agents of the company allegedly promised villagers that their investments would almost double in a short span of time.
Police said the company shut down operations and fled Mahoba district in Uttar Pradesh after collecting crores of rupees as investment from unsuspecting villagers. The company has been implementing the scheme in the district for the past ten years.
A case has been registered at the Srinagar police station, and an investigation is underway to uncover the full extent of the scam.
Thirty alleged victims of the fraud, including Narayan Das, Lakhan, Prakash, Kishore, Devendra, Ramesh Aggarwal, Brijgopal, Kapuri Devi, residents of Srinagar police station area, told the police that LUCC's office was opened at one Lalit Vishwakarma's place in UP's Manoharganj about 10 years ago. Lalit was the branch manager there. The company's agents were invested in the name of several schemes including doubling the rupee in a short time, FD, RD and Sukanya.
Hundreds of people who came in the bluff deposited crores of rupees. On completion of the time, when the money was asked from the company, it gave unpromising responses. After this the company shut down and its people went incommunicado.
A case was then filed against Sameer Aggarwal of the company, his wife Sania, a resident of Mumbai, RK Shetty, Sanjay Mudgil, Shreyas Talpade, Lalit Vishwakarma, Dalchandra Kushwaha, Sunil Vishwakarma, Sachin Rackwar, Kamal Rackwar, Sunil Kumar, Mahesh Rackwar, Mohan Kushwaha, Jitendra Namdev and Narayan Singh Rajput.
Cases in UP, Haryana
Shreyas Talpade has also been accused of committing fraud and has cases registered against him in Lucknow and Sonipat.
An FIR was registered against Shreyas Talpade at Gomti Nagar Police Station in Lucknow last month. He and five other members of a credit cooperative society was accused of duping investors of over ₹9 crores.
In Sonipat, a case was registered against Talpade and 12 others for allegedly committing a multi-level marketing fraud.
Additional Commissioner of Police, Murthal, Sonipat, Ajeet Singh said, “It has been alleged that they were its brand ambassadors and victims get lured to invest because of such personalities... They were named in the complaint. An FIR has been registered. Now, it will be investigated what was their role.”
According to the complaint, the society assured investors that their money would be safe, and the maturity amount would be paid on time and claimed they did so initially for a few years.
The company stopped paying returns in 2023 and justified the delay citing “system upgradation.”
“When the investors and agents approached the Society officials regarding these problems, they were given false assurances. Gradually, the owners of the Society ended all contact and the investors did not get their hard-earned money back,” the complainant alleged.
