In his complaint, Akshaye alleged he invested Rs 50 lakh in the firm on the advice of its president and his wife and director who assured him of doubling the amount by investing it in the commodity market, sources said tonight.
Akshaye approached EOW through his lawyer and filed a complaint as the firm failed to return the amount promised, they said.
Following the plaint, the EOW yesterday registered a case of cheating with Malabar Hills police station.
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