RICH INDIA MARKETING

I. Gist of the Case: -

A1 to A3 conducted company in the name of Rich India Marketing.  One Arumuga Nainar of Pettai, Tirunelveli City preferred a complaint that he had deposited 2 lakhs in his name and his wife name (each 1 lakh) in the above company.  On 13.05.10 later he found that the company was close and the accused absconded.  The company failed to give monthly payment and return back the deposit amount, further the accused collected deposits from the public to the tune of Rs.9,69,41,303/- by introducing many innovative schemes and to give higher rate of interest and profit but they failed to return the deposit and interest.

II. Accused Details: -

 

Accused Arrested

Accused obtained A/B

1. A1 – Subburaj

1. A2 – Mahendran

2. A3 – Kannan

 

 

III. High Lights:-

1.Cr.No.4/10, u/s. 406, 420 IPC & 5 of TNPID Act  

2.Total amount involved: Rs.7,69,41,303/-

3.Total No. of depositors: 2418

4.Amount settled: Nil

IV. Efforts taken by EOW-II:-

1. Collection of documents.

V. Details of Property: -

1.  Land Worth Rs. 6,00,00,000/- and Bank Account Rs.45,00,000/-

VI. Latest Development: -
                                                -

         

VII. Request to Depositors:-

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

Tr. Inba Mani,

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

Phone No.