MLM News

NetworkingEye.com: MLM News, MLM News in Hindi, MLM business, MLM Companies, Scam Companies

  • Home
  • हिन्दी MLM News
  • Scam Companies
  • Guest Post
  • Submit An Article
  • Submit Press Release
  • Advertise
  • Contact
Sameer Joshi, chairman of investment company 'Shreesurya, Arrested

Sameer Joshi, chairman of investment company ‘Shreesurya, Arrested

By Ak Sharma | Published on 16/10/2013

Rate this News

Finally, Sameer Sudhir Joshi, chairman of investment company ‘Shreesurya, has been arrested for alleged embezzlement by his company to a sum of Rs 247 crores.

Last night, the implicated, Sameer Sudhir Joshi, was picked up from his Dhantoli house.

Joshi’s spouse, who holds the post of director at ‘Shreesurya’ and is also an accused in the case, was yet to be arrested.

The investment company ‘Shreesurya’ was floated to get into the business of retail stores, edible oil, milk and a number of branded products.

They allegedly fooled gullible investors while promising them high returns with an interest of up to 12.50 per cent, police said.

They collected around Rs 247 crores throughout the Vidarbha region, mainly retired government servants and businessmen fell into the trap.

Lately, Police received lot of complaints from the investors, who did get promised returns on the invested money. On the same issue, the Economic Offences Wing (EOW) is already conducting a through investigation.

The couple is already registered under the relevant sections of the IPC and provisions of Maharashtra Protection of Investors Deposit Act, 1999, on September 14 this year.

  • Tweet
  • WhatsApp
  • More
  • Email
  • Print
  • Telegram

Related

Filed Under: Investment Scam, MLM News, Shreesurya Company Nagpur

SUBSCRIBE TO Networking Eye - MLM News

Sign up for our newsletter and receive news, updates, and the latest alerts.

Leave a Reply Cancel reply

LATEST NEWS

  • Vestige To Launch PETA certified 100% Vegan Assure Natural Range
  • Ranga Reddy: Multi-level marketing fraudsters loot 15 lakh from woman
  • Enforcement Directorate (ED) attaches assets of ‘bike bot’ MLM Ponzi Company worth 103 crores
  • Indian Direct Selling/MLM Companies rises as top performer among Asia Pacific Companies
  • New Consumer Protection Act of 2019 to Protect Online Customers

TRENDING TODAY

  • QNet Is A scam In India or Legit?
    QNet Is A scam In India or Legit?
  • Indian Cyber Crime Toll-free Number to Report Online Frauds
    Indian Cyber Crime Toll-free Number to Report Online Frauds
  • Top MLM Companies of Network Marketing in India
    Top MLM Companies of Network Marketing in India
  • SCAM Companies New Updated list
    SCAM Companies New Updated list
  • The Status of Network Marketing/MLM/Direct Selling in India
    The Status of Network Marketing/MLM/Direct Selling in India
  • list of top mlm companies in india
    list of top mlm companies in india
  • The Indian Direct Selling Association - IDSA
    The Indian Direct Selling Association - IDSA
  • The Difference Between Linear Income and Residual Income
    The Difference Between Linear Income and Residual Income
  • Top 100 Global MLM companies in the world
    Top 100 Global MLM companies in the world
  • Top 400 Earners Network Marketing (based on earnings per month)
    Top 400 Earners Network Marketing (based on earnings per month)

COMMENTS

  • Sekhar Chetry on SCAM Companies New Updated list
  • KS on SCAM Companies New Updated list
  • Saad on SCAM Companies New Updated list
  • kiran on QNet Is A scam In India or Legit?
  • bhavin b rathod on Top MLM Companies of Network Marketing in India

Copyright © 2014–2021 · NetworkingEye.com

About Us · Privacy Policy · Cocky Policy · Terms & Conditions

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.