Friday, Apr 26 2024 | Time 12:22 Hrs(IST)
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Jammu: Unregistered Finance Company booked for duping investors

Jammu, Dec 14 (UNI) The sleuths of Jammu Crime Branch on Saturday registered a case against the owner of unregistered Finance Companies, with the name and style of Bansi Lal Gupta and Co, and Shri Durga Trading Co, Peer Mitha Jammu, for duping an investor of Rs 12.5 lakh.
A case has been registered against Bansi Lal of Gali Khilonia Wali, Pacca Danga Jammu, owner of the unregistered Finance Companies.
According to complainant Parveen Khanna of Prem Nagar, New Plot, Jammu, the accused, who was running private finance companies- Bansi Lal Gupta Finance Co and Shri Durga Trading Co near Peer Mitha Jammu, used to collect daily amount of Rs 100 from the depositors, including the complainant, towards 'committee,' the maturity of which used to be 25 months.
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