Sikhar Police nab four in 1,200crore scam in Rajasthan

The Police of Sikhar, Rajasthan have been investigating thirteen individuals in an alleged fraud of nearly Rs 1200 crores. The fraud came to light in February this year when Dilip Singh and twenty-one others lodged a case of cheating at Udyog Nagar police station in Sikar. Since then, over seventy give FIRs have been lodged against the thirteen accused. According to the reports filed, individuals claim they were tricked into investing in the ‘Nexa Evergreen’ real estate firm. The Sikhar Police has arrested four main accused.

On 4th March, the Sikhar police arrested Subash Birjaniya, Ranvir Birjaniya, Opendra Birjaniya, and Amarchand Dhaka in connection with the alleged fraud. According to the current investigation, it appears that the accused used the funds from investors to purchase approximately 1,000 beeghas of land in Dholera, as well as other properties in Gujarat. The accused have been in police custody for the last two weeks and teams plan to accompany them to Dholera, Gujarat, to seize all their assets, which were obtained through unlawful means.

According to police officials, the multiple FIRs have not deterred the offenders in anyway. They have allegedly continued their scam even while being on the run by using aides to continue purchasing properties and thereby using the investors money for their own means. The police have already investigated their banks accounts and initiated forensic audits to retrieve as much money as they can.

Next (Residents of BPTP Spacio lodge a complaint against the developer for malfunctioning lifts)

Sikhar Police nab four in 1,200crore scam in Rajasthan

This Month

Overview

Explore

Join Us