Company claiming to double money unearthed
Excelsior Correspondent
RAJOURI, Dec 24: The police today unearthed a private company claiming of doubling the money of people, with the detention of ten persons so far whereas, Rs 5.50 lakh has been recovered from their office.
A police spokesman said that about two weeks ago, Rajouri police received an information that some people have opened an office under the name and style of Hablas E-commerce Private Limited at Aitti in Rajouri and are claiming of doubling the money within a few days of time.
Taking note of the information, district police authorities were keeping a close eye on the activities of the people working in this office.
Today after obtaining feedback from a number of people and security agencies, a surprise inspection of the office was conducted in Aitti wherein it was found that the office is dealing in cash transactions without having any permission from concerned Government authorities or having required permission from Reserve Bank of India.
Company marketers present in office failed to produce any valid documents supporting their claim that money transaction by them is permitted as per law.
Taking cognizance, police seized unaccounted and unexplained cash to the tune of about Rs 5.50 lakhs from the spot. Ten persons have also been detained from the spot.
They include two marketers of the said office / company namely, Sajad Ahmed, son of Jan Mohammad, resident of Chambi Trar Kotranka and Israr Bukhari, son of Jameel Hussain, resident of Behrote.
Other eight persons detained from the office included- Mohammad Safir, son of Shafiq Ahmed, resident of Chak Manila Mendhar; Mohammad Yousuf, resident of Surankote, Sikander Hussain, son of Mohammad Hussain, resident of Jawahar Nagar; Tahir Naseem, son of Bashir Hussain, resident of Kheora, Rajouri; Mohammad Ishtiyaq, son of Mohammad Fazal, resident of Lamberi Rajouri, Imran Manhas, son of Tariq Manhas, resident of Jawahar Nagar; Mohammad Zabir, son of Mohammad Latif, resident of Mehari Gujjran and Tariq Ahmed, son of Mohammad Hamid, resident of Mendhar. All have been detained under Sections 107, 151 CrPC.
Some so called employees of the company escaped sensing police raids and a hunt has been launched to nab them. There are apprehensions that these persons would have swindled the money after spreading a word of trust by instant allurements of double return. It has also been reported by some persons that they provided no receipts for the deposits and the onus totally shifts to the customers.
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