Sahara India s Kanpur Region Head, 2 Others Booked by Lalitpur Police for Not Refunding Investors’ Money
Moneylife Digital Team
0
The Lalitpur police have registered a case against the branch manager, regional manager, and divisional head of Sahara India for accepting deposits under various term schemes and not refunding about Rs3 crore to investors, says a report.
Amar Ujala, Priyank Kumar Jain from Pali, who worked in Sahara India s branch office for 20 years, took money from investors and turned it into fixed deposits under various schemes offered by Sahara India Credit Cooperative Society, Hamara India Credit Cooperative Society, Saharyan Universal Multipurpose Society Ltd and Sahara Q Shop and Unique Product Range Ltd.Mr Jain told the police he had deposited in these entities about Rs3 crore obtained from investors.