Two nabbed for Rs 44 crore fraud

  • | Saturday | 7th July, 2018

Promising people to double their investments in five years, the accused had collected Rs 44 crore from unsuspecting customers across Saurashtra. They shut the shop and fled in January this year,” said Jamnagar CID inspector R A Kanjaria, who is the investigating officer in the case.The key accused Mahesh Motia is yet to be arrested. Rajkot: Two fraudsters including a woman, who had duped people from nine districts in Saurashtra of Rs 44 crore, were nabbed on Thursday night.Police said the accused, identified as Sunita Thorat and Mahendra Gade, both residents of Pune, were first arrested by Vadodara police who then handed them over to CID Rajkot for further investigation.“Sunita and Mahendra are amongst the 20 accused who had floated a firm Samrudh Jivan Food India Limited in 2003.

Rajkot: Two fraudsters including a woman, who had duped people from nine districts in Saurashtra of Rs 44 crore, were nabbed on Thursday night.Police said the accused, identified as Sunita Thorat and Mahendra Gade, both residents of Pune, were first arrested by Vadodara police who then handed them over to CID Rajkot for further investigation.“Sunita and Mahendra are amongst the 20 accused who had floated a firm Samrudh Jivan Food India Limited in 2003. Promising people to double their investments in five years, the accused had collected Rs 44 crore from unsuspecting customers across Saurashtra. They shut the shop and fled in January this year,” said Jamnagar CID inspector R A Kanjaria, who is the investigating officer in the case.The key accused Mahesh Motia is yet to be arrested.

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