Summary:
The suspects are at large.Assistant police inspector N N Mohite said the suspects had started a multi-level marketing company last year and promised handsome returns. The scam has crossed the Rs 20-crore mark. He has named Mukesh Patil, Dnyaneshwar Patil, Sudhakar Ghotekar, Sagar Nandre, Dinesh Baviskar, Ravi Tripathi and Jafar in his complaint.Police said the complainant does not have any details about the address of the people who had set up the financial firm and allegedly cheated him. Nashik: In another investment scam in the city, a man was duped of Rs 12.53 lakh to fraudsters who are believed to have targeted a large number of people.Sushil Patil, a resident of Gangapur Road, has lodged a police complaint that he had paid the above-mention cash to an investment firm between February and August this year.Patil has alleged that he never got any returns on his investment from a financial company. The number of complainants will increase as news of the racket spreads.Police said Dnyaneshwar Patil has been convicted in a case of printing fake currency notes and is currently lodged in Nashik Road Central Jail.In a recent case, being investigated by the economic offences wing of city police, a city-based jeweller floated schemes and took money and gold from investors while promising them good returns.However, a couple of years after starting the schemes, the jeweller closed down his store in the Gangapur Road area and fled from the city.Around 660 people have approached police to lodge complaints against the jeweller..