Pramesh S Jain
The Ramamurthynagar police on Saturday booked a couple for cheating hundreds of their customers invested in chit fund .
Based on the complaint from one of the victims,the police charged Tomy AV and Shiny Tomy,owner of A&A Chit Fund and Finance in Ramamurthy Nagar.
The FIR was registered on July 5 by the police following a complaint by the victim, Savio PT.Savio,64,has alleged that he and his family lost around 70 Lakh rupees and the couple cheated many others,amounting to several crores of rupees.
“When we checked on Saturday the chit fund office was closed,and the two stopped responding to our calls. When we tried their numbers,they were switched off,”Mr. Savio,said in his complaint.
The couple has been operating chit fund since 2005 and hundreds of customers invested crores of rupees after they promised 25 percent of returns against their investment after a certain period of time.
The Ramamurthy Nagar police registered a case under relevant sections of the Chit Funds Act,1982,and the Banning of Unregulated Deposit Schemes Ordinance, 2019. Police also invoked Section 318(4) (cheating) and 316(2) (criminal breach of trust) of the Bharatiya Nyaya Sanhita (BNS).
“The couple appear to be absconding and efforts are on to track them down, a senior officer said.
