Thane News: 36 Investors Allegedly Duped Of ₹13.70 Crore In Investment Scam, EOW Probes
Thane: A major investment fraud has come to light in the Mumbai Metropolitan Region, with 36 investors from Thane and Mumbai allegedly duped of ₹13,70,96,910. Mumbra Police have registered a case against Manoj Gulekar and Vinayak Jagdale, owners of Galaxy Finance Consultancy, following complaints from investors. The Economic Offences Wing (EOW) of the Thane Police has taken over the investigation…
In a major investment scam in Mumbai Metropolitan Region, 36 investors from Thane and Mumbai are accused of losing ₹13,70,96,910, according to Mumbra Police. Manoj Gulekar and Vinayak Jagdale, owners of Galaxy Finance Consultancy, have been registered as suspects. The Economic Offences Wing (EOW) of Thane Police is probing the allegations.
Investors were allegedly promised a monthly return of 5% on their principal amount along with claims of gains from stock market trading and real estate investments. However, the payouts reportedly ceased in February despite assurances given to the investors. The situation was brought to the attention of the Thane Police when investors sought explanations and recovery of their funds. Further investigation will determine if more individuals have been affected by this fraud.
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