The appliance reveals that 12 investors in Rajkot have collectively misplaced round Rs. 70 lakhs, lured by guarantees of a 1 per cent day by day return on an funding of Rs. 4.25 lakhs, with a maturity payout of over Rs. 12 lakhs.
It’s now alleged that 8,000 individuals throughout Gujarat have been duped out of Rs. 300 crores on this fraudulent scheme.
A grievance has additionally been lodged with the Surat Crime Department in opposition to the corporate’s managers, whereas discussions are underway with the Rajkot Police Commissioner to find out whether or not a separate case will likely be filed in Rajkot.
Within the utility submitted to the Police Commissioner, Firoz Dilawar Multani, the founding father of Blockara Company from Ankleshwar, alongside together with his associates Nitin Jagatyan, Amit Manubhai Multani from Limbdi, Azhruddin Satak Multani, the advertising and marketing head from Saurashtra, and Maqsud Syed, the Gujarat head, have been named as the primary culprits.
