“We have lost all our savings.”Ziaullah Baig, 40, a tailor, invested Rs 3 lakh in March.
The victims, who plan to stage a protest soon, said they complained to police officers, political leaders, CM HD Kumaraswamy and the PMO.
He then invested Rs 2 lakh more in his wife’s name.
To their shock, all local police did was provide protection to the firm’s office in Kanakanagar, RT Nagar.Police officers said Ambidant had around 15,000 investors.
He never received any returns.
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