A court in <a href="https://www.mid-day.com/search/thane-all" target="_blank" rel="none noopener">Maharashtra</a>'s Thane district acquitted a social worker and her employee accused of allegedly cheating women of Rs 39.74 lakh through an investment scheme.
Special judge Premal S Vithalani held that the prosecution had failed to prove the charges against the accused under the <a href="https://www.mid-day.com/search/mumbai-articles" target="_blank" rel="none noopener">Maharashtra</a> Protection Of Interest Of Depositors (MPID) Act.
The court on August 30 acquitted Karishma Manoj Punamiya (35), the social worker who operated a monthly investment scheme, and her employee Rajveer Navratna Sharma.
According to the prosecution, Punamiya had collected Rs 1,000 from each investor under the scheme for 36 months and promised to pay back the collected amount of Rs 36,000 along with the interest of Rs 5,000 to each of them.
The accused had defrauded the investors to the tune of Rs 39.74 lakh and failed to return the money, it was alleged.
The court, however, held that the prosecution had failed to prove the allegations against the duo.
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/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
 <script async="async" data-cfasync="false" src="//pl23789885.revenuecpmgate.com/7445444aea29efc3d061cbd866026c06/invoke.js"></script>
 <div id="container-7445444aea29efc3d061cbd866026c06"></div>

Court in Maharashtra`s Thane district acquitted a social worker and her employee accused of allegedly cheating women of Rs 39.74 L through an investment scheme

Thane court acquits social worker, her aide accused of defrauding investors of Rs 39.74 lakh

Thane: 22-year-old man held for abetting wife's suicide in Dombivili

A court in Maharashtra's Thane district acquitted a social worker and her employee accused of allegedly cheating women of Rs 39.74 lakh through an investment scheme.

Thane court acquits social worker, her aide accused of defrauding investors of Rs 39.74 lakh

Trending Stories

Latest Photos

Latest Videos

Latest Web Stories

Mid-Day Fast

Home / Mumbai / Mumbai News / Article / Thane court acquits social worker, her aide accused of defrauding investors of Rs 39.74 lakh

Thane court acquits social worker, her aide accused of defrauding investors of Rs 39.74 lakh

Trending Stories

Latest Photos

Latest Videos

Latest Web Stories

Mid-Day Fast