Bhopal: Police registered a case of forgery and cheating against four persons for allegedly duping a man of Rs 1.10 crore in the name of giving partnership in their company on Thursday at Habibganj locality. No arrests have been made so far and investigations are on, police said. According to police, the victim Beetesh Asnani, a resident of E-2 in Arera Colony had lodged a complaint against four persons – Satyvrat Sathpati, his wife Rajshree Sathpati, both residents of Maharashtra and Dhruvraj Sharma and his wife Kiran Sharma, both residents of Bhopal about 20 days ago in Habibganj police station. Asnani in his complaint mentioned that in January this year the four accused who claimed themselves as owners of two mining companies by the name of MS Minerals and MS Mining approached him to become a partner in their plant located in Seoni district of Madhya Pradesh.
The accused told Asnani that they are expanding their plants and he can also become a partner and stake holder in their company by investing Rs 5 crore in equal instalments. After listening the plan, Asnani agreed to invest money and signed a memorandum of understanding (MOU) with the two couples in March. As per the MOU, financial transactions made by the company will require consent of both – Asnani and accused Rajshree Sathpati. After signing the MOU, Asnani invested the first instalment of Rs 1.10 crore through e-transfer in the company accounts, police said.
“During the talks, the accused had informed Asnani that the company is under debt of Rs 11 crore but would soon start making profits after the expansion of plant. After some time, the victim came to know that the amount transferred into the company account was later transferred to the personal account of one of the accused Rajshree Sathpati. When Asnani came to know this, he raised objection and it led to altercations between him and the four accused. Later the accused told Asnani that they will remove him from the partnership which was 30% and 50% on both their companies. He then investigated the background of the companies and found that they were in debt of more than Rs 11 crore which they claimed,” said investigating officer, sub-inspector Dharmendra Maurya. Maurya further added that the complaint was first investigated by city superintendent of police, Habibganj and when it was clear that victim was cheated by the accused, a case was registered on Thursday. “After registering a case under relevant Sections of IPC, further investigations are on, but so far no arrests have been made,” added Maurya.
