Chit fund: Man booked for duping 19

Tribune News Service

Updated At : 12:49 PM Dec 20, 2019 IST

Unlock Exclusive Insights with The Tribune Premium

Take your experience further with Premium access. Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only Benefits

Yearly Premium ₹999 ₹349/Year

Yearly Premium $49 $24.99/Year

Tribune News Service

Chandigarh, December 19

A resident of Sector 33 here has been booked under the Prize Chits and Money Circulation Schemes (Banning) Act for duping 19 persons to the tune of Rs 60 lakh.

According to the police, the complainant, Ramesh Chander of Sector 33, reported that Ram Chhangur allured him, along with 18 others, to invest in committee business while assuring them of heavy profit. The victims made their investments. Later, the suspect refused to return their money, following which they approached the police.

A case has been registered at the Sector 34 police station.

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by : SORTD

Unlock Exclusive Insights with The Tribune Premium

Suggested Articles