Jammu, Oct 12: In a significant development, the Jammu and Kashmir Police have initiated legal proceedings against a Haryana-based private company, Messrs Future Maker Life Care Private Limited, in connection with an alleged multi-crore fraud scheme. An official announcement on Saturday detailed that the case targets the company’s Managing Director Bansi Lal, Director Radhey Shyam, and other key promoters associated with the firm, who are accused of criminal conspiracy and defrauding numerous individuals in Jammu.
The allegations stem from a written complaint filed with the Crime Branch Jammu by victims who claimed they were lured into investing with the promise of doubling their money. According to the complaint, the perpetrators orchestrated a scheme that resulted in financial losses exceeding Rs 2 crore for the victims, many of whom had invested their savings based on false assurances made by the company representatives.
Following the receipt of this complaint, the police conducted preliminary verification and subsequently registered a case to facilitate a thorough investigation. Senior Superintendent of Police (SSP) of the Crime Branch, Benam Tosh, confirmed that the inquiry has implicated six individuals involved in this alleged fraudulent operation.
Authorities are now delving deeper into the case to uncover the full extent of the fraud and bring those responsible to justice. The police have urged any additional victims to come forward as they continue their investigation into this alarming matter, which highlights the risks associated with unregulated financial schemes.