The attached assets are in the form of 21 immovable properties consisting of vacant lands, residential houses, commercial and industrial buildings and movable properties in the form of bank balance of Rs 3.15 crore.
The Enforcement Directorate (ED) has arrested one Rajesh V.R in the case of Sri Guru Raghavendra Sahakara Bank Niyamitha pertaining to mis-appropriation of pubic deposits of more than Rs 1000 crore.The ED said that Rajesh is the major .
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SURAT: Economic Offence Cell (EOC) of city police arrested six people on Monday for their alleged involvement in Rs 45.32 lakh fraud with a 59-year-old resident of Dindoli area. The accused had duped the retired man by luring him to invest in a fraudulent scheme of DSGM India Pvt Ltd.
Police arrested the founder of the company, Bhargav Pandya, along with agents Jitendra Mohanto, Kaushik Rathod, Sanjay Desai and Vinod Vankar. Other accused in the case are Pandya’s wife Shivani, Pandya’s brother Mahendra, manager Honey Singh and an agent Navin Mohanto. Police are in search of the other accused.