Summary:
Police said that the accused had collected crores of rupees as investments through its agents and luring citizens through advertisements. But before the investments matured, the branches and offices were closed down and the company officials went missing.Bariya then approached police and a case was registered at CID (crime) Vadodara zone police station on October 25.CID (crime) sleuths had conducted searches at the company’s offices at Vadodara, Modasa, Godhra, Bodeli and Dahod on October 27. The officials had seized documents such as account slips, maturity certificates and cheques.Pal was remanded to police custody till November 20 by a sessions court here. Vadodara: A regional manager of HVN Realty and Enterprises was arrested by CID (crime) from the city in connection with a cheating involving the chairman and directors of the company.Accused Ashok Pal, who lives at Bil Canal Road in Atladara, was one of the 13 accused named by complainant Gulabsinh Bariya, a resident of Panchmahal, in the FIR.The company had opened its branches and offices in 2010 at Vadodara, Dahod, Modasa, Godhra and other places inviting investments from citizens..