Summary:
In 2011, Patel invested an amount of Rs 13 lakh with the company which had its maturity date in 2017. Ahmedabad: Another FIR of cheating has been filed against promoters of Kim Infrastructure and Development Limited for alleged cheating of Rs 13 lakh on the pretext of giving double and triple returns on investment. Police also suspect that the scam may reach to over Rs 200 crore as around 5,000 agents were working for the company in Gujarat. The duo told Patel that the company had 140 branches in 10 states and was working in accordance with Reserve Bank of India. The company promoters also stated that an agent working with them can get an interest of 5% if he invests money with them..