LawRato

Rahul Dravid duped by a Bengaluru firm

March 19, 2018


According to Police, the former Indian cricket team captain Rahul Dravid has lodged a complaint against a Bengaluru-based firm for allegedly cheating him of Rs. 4 crores. The Police was stated that & quot Rahul Dravid had lodged a complaint with us 2 days back against Vikram Investment Company for cheating him of Rs. 4 crores” . Although there have been reports of many sportspersons and other celebrities being fooled by the company, Dravid has been the first to lodge a complaint. The police had arrested 5 persons a couple of weeks ago including a former sports journalist, for allegedly deceiving several people of crores of rupees through Vikram Investment Company. The company's owner Raghavendra Sreenath and agents Sutram Suresh (a former journalist), Narasimhamurthy, K. C. Nagaraj and Prahlad were arrested, Police said. Rahul Dravid, in the complaint, alleged that he had invested Rs. 20 crore in the company in 2014 on the assurance of getting higher returns, but was yet to get back Rs. 4 crores to match his principal investment. He alleged that the agents assured him guaranteed profits in commodity trading, but did not honour it. Moreover, & quot Rahul Dravid has since got Rs. 16 crore, however, he is yet to receive the remaining Rs. 4 crore. The ex-skipper has already submitted relevant documents in this regard,& quot Police said. Therefore, a case has been registered against the company and the 5 persons on the basis of a complaint lodged by one of the investors P. R. Balaji, who owns an incense sticks company.

 

Latest Legal News


Supreme Court’s Verdict on the Same-Sex Marriage; No Fundamental Right to Marry
3 Bills to Renew India's Criminal Justice System presented in Lok Sabha; All you Need to Know
Data Protection Bill Passed by the Lok Sabha and Rajya Sabha; Decoding the DPDP Bill
High Court; Denying Physical Intimacy to Wife not Cruelty under IPC
PoSH Act Implementation
‘Sorry state of affairs' in PoSH Act implementation; SC orders Govts. to ensure ICCs are constituted
Widow can't inherit Property if Husband did not own it: Punjab & Haryana HC
Widow can't inherit Property if Husband did not own it: Punjab & Haryana HC