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The Kurar Police has initiated legal action against individuals accused of defrauding a chartered accountant, Pradeep Parameshwarlal Banka, to the tune of Rs 4.11 crore. The complainant alleges that Rajeev Merchant and Archana Merchant, partners of Indian Home Variation and Distribution LLP Company, enticed him with promises of lucrative returns on investment in their business. Complainants Allegations According to police reports, Pradeep Parameshwarlal Banka, a 62-year-old chartered accou
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FAQ :
The chartered accountant, Pradeep Parameshwarlal Banka, was defrauded of Rs 4.11 crore.
Rajeev Merchant and Archana Merchant, partners of Indian Home Variation and Distribution LLP Company, are accused of the fraud.
The accused allegedly promised lucrative returns on investment in their business.
The investment was allegedly made by the complainant between 2010 and 2015.
The Kurar Police have registered a First Information Report (FIR) against Rajeev Merchant and Archana Merchant under relevant sections of the Indian Penal Code.
The Kurar Police are actively investigating the allegations to gather evidence and ensure accountability.
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