Bhavishya credit society employees meet Collector


Bhavishya credit society employees meet Collector

Employees of the controversial Bhavishya Credit Co-operative society visited the district administrative officials today and requested to allow them to open their sealed offices.

 
Bhavishya credit society employees meet Collector

Employees of the controversial Bhavishya Credit Co-operative society visited the district administrative officials today and requested to allow them to open their sealed offices.

The company directors are accused of alleged fraud of more than Rs. 200 Crores. The money was invested by hundreds and thousands of people from all over the country in anticipation of getting good returns.

The chairman and directors of the company including Damodar Nagda, Sanjay Shukla, Rajesh Sharma and Arvind Mehta are absconding since the police complaint is lodged against them by one of the investors and their offices are sealed by the police.

However, the employees expressed their innocence and said that they are nowhere involved in the fraud. They themselves are feeling cheated by their seniors after not getting their monthly salary since September 2013.

More than 20 employees visited the collector’s office today and appealed to let them use their sealed offices, so that, they can at least respond to the queries of investors who put their hard earned money trusting them.

The company was started in July 2011 by Damodar Nagda and others. Rajveer Singh, who is one of the top employees, lodged report against the directors and subsequently many people lodged the complaint.

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