GOLD POWER MARKETING COMPANY PVT. LTD.

I. Gist of the Case: -

On the complainant of Tr. Saravanapandian of Thirumangalam, this case was registered against A1 Gold Power Marketing Pvt. Ltd. Virudhunagar.  A2 Vijayakumar and 8 others.  The accused given false promise to the depositors.  The complainant deposited Rs.77,000/- as various installments and his friend Damodharan also deposited Rs.95,000/- and he received 5 repayment coupon.  Meanwhile the complainant and his friend had about suspicious activities of the accused.  Therefore, both approached the accused and asked to repay the deposit amount but all the accused have denied to repay the deposit amount but also replied that they have no money for repayment.  Therefore, the complainant had lodged a complaint before the Inspector of Police EOW.II, Virudhunagar, to rgister a case in Cr.NO.04/2009, u/s. 406, 420, 120(b) IPC and 5 of TNPID Act r/w. 45(5) RBI Act, against the accused.

II. Accused Details: -

                                                     

Accused Arrested

Surrendered

Accused obtained A/B

1. A2 – VIjayakumar

1. A5 – Jhansi

1. A8 – Jeyaananth

2. A3 – Seenivasan

 

2. A9 – Dhanaseelan

3. A4 – Chokkammal

 

3. A10 – Ganapathi

4. A6 – Srikumar

 

 

5. A7 – Jeyasakthi

 

 

III. High Lights:-

1. Cr.NO.04/2009, u/s. 406, 420, 120(b) IPC and 5 of TNPID Act r/w. 45(5) RBI Act.

2.Total amount involved: Rs.15,91,45,400/-

3.Total No. of depositors: 4588

4.Amount settled: Nil

 

IV. Efforts taken by EOW-II:-

1. This case was posted to 14.07.2011 for furnishing copies to the accused.

V. Details of Property: -

1. House hold articles and gold and cash total worth Rs.31,98,600/-

VI. Latest Development: -

          -

VII. Request to Depositors:-

For any further information on refund if required, the depositors may contact: -

Dy. Supdt. of Police,
Economic Offences Wing II,
Virudhunagar,

Phone No.