Investment company accused of fraud

Investment company accused of fraud.

Investment company accused of fraud

A company in Udaipur has been accused of fraud in the name of Recurring Deposit (RD) and Fixed Deposit (FD). Hardhar Group which has its office in Sector 11 Udaipur has been accused of duping people. The complaint was filed by investors from Kumbhalgarh and Kelwada. Udaipur SP directed Savina police to investigate the case.

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As per the complaint, company representatives Arvind Kumar, Anita, Rishi, Mangilal Meena (Nathdwara) and Kishanlal Meena have been constantly cheating people. They said that the company has branches all over the country one of which is Sector 11 branch Hiranmagri. It has a big property in Banswara. The accused looped in 150 people asking them to invest money which would give them good returns. The investors gave around 10 lakh rupees. The brochures given by the company bear pictures of PM and Former President as well. Investigations are on and more details are yet to come on this case.

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