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Firm dupes investors of Rs 4.45 cr on promise of good returns

<p>The city police have registered offences against the chairman and other officials of a company for allegedly duping investors to the tune of around Rs 4.45 crore by promising them good returns</p>

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Thane: The city police have registered offences against the chairman and other officials of a company for allegedly duping investors to the tune of around Rs 4.45 crore by promising them good returns.

As per a police complaint filed yesterday by a resident of in Thane, the private company allegedly offered attractive rates of interest on deposits for five and seven years since 2008, an official at the Naupada police station in Thane city said.

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