FIR against Amar Jyoti finance company director and 100 others in UP’s multi crore fraud case

1 week ago 4
ARTICLE AD BOX

FIR against Amar Jyoti finance company director and 100 others in UP’s multi crore fraud case

BAREILLY: In Budaun, an FIR was finally filed against the director of Amar Jyoti Finance Company and 100 others in a multi-crore fraud case after days of protests. Now, an SIT will investigate the entire matter.On Sunday, the FIR was registered against BJP leader Shashikant Maurya, the director of Amar Jyoti Universe Nidhi Limited, and 100 others at Kotwali police station of the city. Since there were multiple complaint against the company, the SSP has formed a Special Investigation Team (SIT) to probe the case. Meanwhile, the company's office in Meera Sarai remained locked on Sunday. Many investors returned disappointed, stating that neither agents are answering calls nor is any responsible person coming forward.Budaun SSP Brijesh Kumar Singh said that strict action will be taken against those who looted the hard-earned money of investors. “The case is registered under BNS sections 318 (4), 316 (2), 338, 336 (3), 340 (2), 352, 351 (2), “the SSP said.SP City Vijendra Dwivedi, CO City Rajneesh Upadhyay, and Inspector Praveen Singh of Sadar Kotwali are included in the SIT.The SSP further said that more cases will be registered along with the investigation For nearly 30 years, Amar Jyoti Universe Nidhi Limited collected money from people through agents, promising hefty returns in the name of FDs and RDs. There are over 20,000 customers who deposited their hard-earned money, hoping it would double in five years.Many people were supposed to receive payments a year ago, but the company delayed for a year. A notice is posted on the company's gate stating the office is open..

Read Entire Article