Summary:
Nirav Modi cheated people to the tune of Rs 250 to 300 crore in whole," Jadeja said. Jadeja was the first person to lodge an FIR against Nirav Choksi and alerted the authorities in 2015.“Nearly 550 people from Gujarat were duped by this firm amounting nearly Rs 3 crore. I have two daughters and I was investing for their marriage.”Gitanjali had offered an option to encash the money with interest at the time of maturity or buy the gold jewelry of the same amount. He had saved the money for the marriave of his two daughters.Talking to TOI he said “Interest rates of banks and post office are reduced heavily, share market was also down and I was lured into 10% interest rate offered by Gitanjali Jewelers . RAJKOT: Four victims of Mehul Choksi and Nirav Modi’s Gitanjali Gems ponzi scheme have come forward in Bhavnagar and claimed that they have been duped under inveigle schemes.A bank officer and a district panchayat officer are among them who are cheated.Dharmedrasinh Jadeja, an ex-employee of the State bank of Saurashtra, lost Rs 1.20 lakh which he said was his hard-earned money..