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States » West

6 arrested for Rs 10 crore ponzi fraud in Thane

Thane, Dec 6 (UNI) At least six people, including the chairman and MD of a firm, have been booked for allegedly being part of a Ponzi scheme in which people were duped to the tune of Rs 10 crore,
police said.
The arrested were identified as Chairman Shivaji Nikade, MD Ganesh Hazare and other directors including Lukman Shiakh, Sachin Gosavi, Mukesh Sudesh and Sulindra Chavan, police said.
It was in 2013, one of the friends of the complainant came to him and told him about ' Atharva 4 U Infra' and 'Agro Pvt Ltd' and investment opportunities and said that as an agent, he was getting all kinds of perks including bungalow, car and Rs 3 lakh as commission.
The complainant was told that besides Mumbai, the company had branches in Thane, Panvel, Talasari, Satara, Uran, Wada, Dahanu, Virar, Kolhapur, Roha, Ratnaigir, Solapur, Gujerart, Rajastan and Karnataka, among others.
Since 2010, he had been investing in the firm in the form of FDs and RDs and his relatives and friends had also invested in the firm.
Initially, incentives were provided but later they did not get any, following which one of them lodged a complaint against the company.
Police on Wednesday arrested six people in this connection.
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Cluster of Hindu outfits stage protest against CBI arrest of two Sanatan Sanstha members

26 May 2019 | 9:38 PM

Kolhapur, May 26 (UNI) Members of Hindu Janajagruti Samiti (HJS) as well as several Hindu outfits staged demonstration at the busy Shivaji Chowk area here on Sunday to protest the CBI arrest of Sanatan Sanstha's Counsel Sanjeev Punalekar and member Vikram Bhave.

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PM visits Gujarat, post grand electoral triumph

PM visits Gujarat, post grand electoral triumph

26 May 2019 | 8:47 PM

Ahmedabad, May 26 (UNI) Prime Minister Narendra Modi visited Gujarat for the first time on Sunday, after winning the 2019 general elections, with a thumping majority.

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Teenager held for allegedly stalking, assaulting Russian tourist in Goa

26 May 2019 | 7:47 PM

Panaji, May 26 (UNI) Goa Police on Sunday arrested a teenager from Solapur in Maharashtra for allegedly stalking and assaulting a Russian tourist.

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Dabholkar murder case: SS flays CBI for arresting Counsel, member

Dabholkar murder case: SS flays CBI for arresting Counsel, member

26 May 2019 | 7:13 PM

Kolhapur, May 26 (UNI) Sanatan Sanstha on Sunday lashed out at the Central Bureau of Investigation (CBI), for arresting it's Counsel Sanjeev Punalekar and member Vikram Bhave, in connection with the killing of rationalist Narendra Dabholkar.

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26 May 2019 | 5:58 PM

Following observations for the past 24 hours were recorded at 0830 hours Sunday:
Temperature (deg.

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