Pune: Pimpri police on Tuesday registered a case against the director of a cooperative credit society in Chinchwad on the charge of duping over 12 residents of Goa of Rs 3.72 collectively in the last 9 years.The police registered a case under sections 316 (criminal breach of trust), 318 (cheating) of the Bharatiya Nyaya Sanhita (BNS), and the relevant sections of the Unregulated Deposit Schemes Act. An officer from the Pimpri police said the case is being investigated by the economic offences wing of the Pimpri Chinchwad police.On Tuesday, a woman (53) from Panaji, who lost Rs 36.54 lakh in the alleged fraud, filed a complaint. Subsequently, police started investigating and found that 11 more people from Goa invested their money in different schemes of the cooperative credit society.“So far, 12 people from Goa were collectively lost Rs 3.72 crore different schemes of the society. The complainant also stated in her complaint that over 200 people from Goa have invested their money in the different schemes of the credit cooperative society,” he said.An officer from the Pimpri police said the complainant’s husband runs a construction business in a Gulf country. He came into contact with the director of the Chinchwad-based cooperative credit society via his friend in 2016. The suspect met the complainant and her husband in Goa. He offered different schemes for investments, including doubling their amount in four-and-a-half years and 12% interest on fixed deposits. “The suspect even organised seminars in Goa to inform the people about the schemes,” the officer said.He said the woman stated in her complaint that her husband and father-in-law invested Rs 28.44 lakh in the cooperative society’s scheme and Rs 8.10 lakh in the suspect’s real estate business. Pune: Pimpri police on Tuesday registered a case against the director of a cooperative credit society in Chinchwad on the charge of duping over 12 residents of Goa of Rs 3.72 collectively in the last 9 years.The police registered a case under sections 316 (criminal breach of trust), 318 (cheating) of the Bharatiya Nyaya Sanhita (BNS), and the relevant sections of the Unregulated Deposit Schemes Act. An officer from the Pimpri police said the case is being investigated by the economic offences wing of the Pimpri Chinchwad police.On Tuesday, a woman (53) from Panaji, who lost Rs 36.54 lakh in the alleged fraud, filed a complaint. Subsequently, police started investigating and found that 11 more people from Goa invested their money in different schemes of the cooperative credit society.“So far, 12 people from Goa were collectively lost Rs 3.72 crore different schemes of the society. The complainant also stated in her complaint that over 200 people from Goa have invested their money in the different schemes of the credit cooperative society,” he said.An officer from the Pimpri police said the complainant’s husband runs a construction business in a Gulf country. He came into contact with the director of the Chinchwad-based cooperative credit society via his friend in 2016. The suspect met the complainant and her husband in Goa. He offered different schemes for investments, including doubling their amount in four-and-a-half years and 12% interest on fixed deposits. “The suspect even organised seminars in Goa to inform the people about the schemes,” the officer said.He said the woman stated in her complaint that her husband and father-in-law invested Rs 28.44 lakh in the cooperative society’s scheme and Rs 8.10 lakh in the suspect’s real estate business.
