Ex-serviceman duped of Rs40 lakh, 13 booked

Hoshiarpur, March 31

The city police have booked 13 accused, including the owner and manager of a finance company for conning ex-serviceman of Rs40 lakh on pretext of doubling the money in six years. The FIR was lodged on orders of the SSP on the direction of the High Court in the writ filed by the complainant.

According to the information, Gurpal Singh, a resident of Lodhi Chak village under police station Tanda, had filed a petition in the High Court. He had complained that the Kim Infrastructures and Nector Commercial Assets Company’s owner Ravinder Singh, MD Sanjeev Sikander, the directors of the company – Jagmohan Singh, Palvinder Singh, Gagandeep Singh, Mukhtiar Singh, Khajan Singh, Gurdeep Singh, resident Amritsar, Umeshwar Singh, Lekhraj, Arun Kumar, residents of New Delhi and The KJS Bal, hoaxed him that amount will be doubled and returned to him in six years and got his Rs40 lakh invested in their company. The accused did not return his money after the maturity. — OC