BHARUCH: Interrogation of three persons arrested for running a dubious website, allegedly of a fake firm, has revealed that more than 2,000 investors of Bharuch were duped of Rs 25 crore. The fraudsters also had links in Malaysia and Singapore to run their illegal business.
Last Friday, Bharuch Local Crime Branch (LCB) had arrested three members of a gang, allegedly involved in duping number of investors in Bhrauch, Ankleshwar, Vadodara and Surat. According to the police, accused were promoting a finance business, wherein investors were promised to get double the amount they were investing in the firm.
Gang members Hemant Patel (31), Harshad Rana (25) and Raviprakash Mahiswari (27), all residents of Bharuch, were running a firm "Safe Atom" and for attracting investors, they had developed a website www.safeatom.com.
