Business Standard

Seven company directors booked for defrauding people of nearly Rs 300 cr

IANS  |  Gurugram 

Seven directors of different companies were booked for thousands of persons across the country of nearly Rs 300 crore while one person has been arrested in this connection, police said on Monday.

Chairmen of Shree Ram Real Estate, Business Solution Ltd, Ananya Group of Companies, Herbal Fleet, Sai Ram Buildtech, Shree Ram Multi Private Ltd, and Samariya Group, were booked for people on the pretext of doubling their money over a short period of time and assuring them of handsome assured returns on their investments.

The police said the directors of the seven companies were booked under the Indian Penal Code at station.

Those booked are and Hansraj from Gurugram's Sohna; from Manesar; Mohsin Hussain, and from Haryana's district; and Ashwinder Singh from Karoli area of

"A case was registered against unknown persons for fraud and cheating at the station on August 1, 2017, on the complainant of Dr Chandar Pal Saini, a resident of Haryana's Faridabad," told IANS.

"Later, the case was transferred to the Economic Offences Wing (EOW) and after a thorough investigation, the case was registered against them," Kumar said.

He said many more FIRs against the accused firms stood registered in various cities of the country.

"Sanjay Mewada, the main accused, was arrested by from He was presented in the court on Monday and sent in seven-day police remand. We are interrogating him. The rest of the accused will be arrested soon," the added.



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First Published: Mon, March 12 2018. 21:56 IST