Crime Branch presents charge-sheet against 8 in fraud case
JAMMU: The Crime Branch of Jammu and Kashmir Police on Saturday filed a preliminary charge-sheet against 8 people running a private company for their involvement in hatching criminal conspiracy and illegally receiving cash deposits from General Public as a Non-Banking Financial Company.
The case was registered in 2017 after Deputy General Manger, Reserve Bank of India (RBI), A K Mattu sought a discreet inquiry into the functioning of ‘Kim Future Vision Services Limited/Kim Infrastructure and Developers Limited’ located near Vivekananda Chowk, Gummat here, a spokesperson of Crime Branch said.
He said that charge-sheet was presented against Ravinder Singh Sidhu, Late Avtar Singh Sidhu, resident of 1311-A Hemkunt House, 6-Rajinder Palace, New Delhi; Palvinder Singh, son of Basant Singh, resident of Gali Angrez Singh Walia Mohalla Nanaksar Taran; Sukhpal Brar, son of Gurbachan Singh resident of Giddarbaha Mukhtasar; UmeshwarJha, son of Late Nikhleshwar Jha resident of E-369, Delta-1, Noida (UP);
Kanchan Kumar Dutta, son of Hirendra Kumar Dutta resident of 137 Panchwati Apartments, Tilak Nagar Delhi; Lekh Raj, son of Ram Singh, resident of HNo.121 Muhal Baneradhi-101, Sub Tehsil Dharmpura Himachal Pradesh; Vinod Kumar Raina, son of Pushkar Nath Raina, resident of Lower Muthi Gajanasoo road, Muthi and Rajesh Peshin, son of Makhan Lal Peshin, resident of HNo 427 Colonel Colony Jammu in the Court of law, in a case registered vide FIR No. 12/2017 under Sections 420, 406 and 120-B of RPC at Police Station Crime Branch Jammu for their alleged involvement in illegally receiving cash deposits from general public.
The official further said that on receipt of complaint, a preliminary inquiry was conducted by Crime Branch, Jammu in which it was found that the company was registered with the Registrar of Companies, NCT-Delhi and Haryana at New Delhi, and its objective was to raise infrastructure. It, however, had no authority to collect deposits from public as the company was registered with the RBI as an ‘A’ category NBFC and was authorised to collect deposits only within the state of Punjab, the spokesperson said.
During investigation, computers of company were seized and other material evidences viz oral, documentary and circumstantial, were collected which proved that accused have committed criminal breach of trust, he added.
