Man held for duping people through multi level marketing scheme

Published: 31 October, 2020 10:00 IST | IANS | Mumbai

Several cases are registered against the accused in West Bengal, Karnataka and with the CBI also

Photo used for representational purpose
Photo used for representational purpose

The Economic Offences Wing of Delhi police busted a multi level marketing racket with the arrest of the accused Tarun Trikha, who according to investigators has involved in cheating cases across several states in India.

The detailed investigation revealed that the accused person used to promote M/s TVI Express International, its travel products and services in India. M/s TVI Express International was used to provide travel services to its members which included benefits like 3 nights/4 days stay in a hotel or 7 nights/8 days stay in a resort. The membership cost in India was Rs 13,000. The accused received money in his personal account.

Several cases are registered against the accused in West Bengal, Karnataka and with the CBI also.

A complainant reported that in January 2009, Tirkha published an advertisement inviting investments in a scheme. He offered double return through his travel business.

In July 2010, the complainant was called by the accused at Karol Bagh for a meeting where he was assured about earning huge profits on investments. Lured by the scheme, the complainant invested around Rs 22 lakh over a period of time.

The complainant later realised that accused hardly invested their money in travel business. No details of any investments were provided as promised. Accused person incorporated several companies and cheated several people to the tune of crore.

"Scrutiny of the bank accounts revealed that the accused Tarun Trikha received money in his personal account from the complainant Harsh Kumar and Rafiullah Ansari, but he could not give any justification for the same nor he could provide any documents for receiving the money in his personal account. Further, he did not return the money too," said OP Mishra, Joint CP EOW.

Keep scrolling to read more news

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/ reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

Sign up for all the latest news, top galleries and trending videos from

loading image
This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK