Pune: A 67-year-old resident of Mukundnagar, Dilip Govind Naik, has filed a complaint with the local police after being swindled of a staggering Rs 7 crore and 32 lakhs in a fraudulent forex trading scheme. In this case, the accused, identified as Yogesh Kadam, owner of Season Worlds at KK Market Company, along with several company employees—Tushar More, Vishal Haldankar, Digvijay Singh, and Abhishek—have been booked under IPC 420, 406, and 34 of the Maharashtra Protection of Interests of Depositors (MPID) Act 3.
According to the police report, Naik was enticed by the accused to invest a substantial sum in their company, promising returns ranging from 10 to 14 percent per month through forex trading. Additionally, the accused allegedly convinced Naik to invest an additional Rs 2 crore and Rs 20 lakh in international currency trading.
Following the initial proceedings, Naik invested a total of Rs 7 crore and 32 lakhs in the company. However, when he sought returns on his investment, the accused started giving vague responses. Frustrated by the lack of clarity, Naik demanded the return of his invested money, only to receive a meagre sum of Rs 2 lakh 80 thousand from the accused.
In his formal complaint, Naik revealed that the accused had also defrauded his colleagues, Umesh Ulvi and Prakash Sharma, of Rs 5 crore, 12 lakh, and 10 thousand. The police have launched an investigation into the matter, led by Assistant Police Inspector Vairagkar.
The accused individuals are facing charges of cheating, criminal breach of trust, and conspiracy, as per the relevant sections of the Indian Penal Code and the Maharashtra Protection of Interests of Depositors (Financial Institutions) Act. Meanwhile, police informed that further updates on the investigation will be provided as the case unfolds.
