IMA Jewellery scam: More than 3,000 complaints by teary-eyed investors

Bengaluru | Tuesday | 11th June, 2019

Summary:

By Express News ServiceBENGALURU: On Monday, several people gathered outside the IMA jewels office could be seen teary-eyed, as they lost hope of getting their hard earned money back. “I had borrowed Rs 2 lakh from my landlord to invest in IMA. Several investors refused to speak to the media, stating that they had no interest in their names being published. ALSO READ | Jeweller accuses MLA of spiriting Rs 400 crore in viral suicide-threat audioAbout IMAI Monetary Advisory (IMA) Jewels was launched in 2016 when market sentiment was low and demand for jewellery had dropped. IMA Group of Companies is led by Mohammed Mansoor Khan and its second outlet was launched in Jayanagar in 2018..