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Ghatkopar crisis: Their money's gone, but they can't prove it, says EOW
Updated On: 02 November, 2019 07:18 AM IST | Mumbai | Vinod Kumar Menon
As Ghatkopar jeweller sinks into crisis, depositors who invested lakhs in cash transactions are unable to show any documentation; just two complainants so far

MLA Parag Shah (R) and MP Manoj Kotak (C, in white) with investors outside the EOW office on Friday
Although cash and gold worth lakhs of rupees belonging to several investors are in jeopardy after the closure of Ghatkopar-based jeweller, Rasiklal Sankalchand Jewellers Private Limited, the police are baffled as they have no concrete complaints or supporting evidence. A day after mid-day's front-page story, 'Now a Rs 300 crore crisis in Ghatkopar', two complainants submitted written complaints to the Pantnagar police. However, neither of them gave any documents to support their claims of having invested Rs 20 lakh and Rs 40 lakh in the jeweller's scheme.
Sanjay Bhalerao, senior police inspector of Pantnagar police station, said, "We have only received two complaints so far, wherein the complainants have stated that they had invested over R20 lakh and R40 lakh and that they have been cheated. We are waiting for them to submit documents to corroborate the claims."
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