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Police file charge sheet in Noida ponzi scam case

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Press Trust of India Greater Noida
Last Updated : May 02 2017 | 8:43 PM IST
The police have filed a charge sheet against the directors of a Noida-based firm, and some others, in the alleged Rs 3,700-crore ponzi scam.
"The charge sheet was filed at the Gautam Buddha Nagar district court yesterday against Anubhav Mittal and his wife Ayushi, who are both directors at Ablaze Info Solution Private Limited," senior prosecution officer D S R Tripathi said today.
Anubhav's father Sunil, who was the company's former director, is also an accused in the case, he said.
The other three accused in the case are the company's technical head Shreedhar Prasad, and relationship managers of a private bank Atul Mishra and Mahesh Dayal, Tripathi said.
"The charge sheet has been filed under sections of cheating and forgery of the IPC and under provisions of the Prize Chits and Money Circulation Scheme (Banning) Act, 1978," ASP Uttar Pradesh STF R N Mishra said.
The accused lured people into making quick and easy money through the scheme, he said.
Ayushi has got a stay order from the high court on her arrest while the others have been arrested and are in jail, the ASP said.

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First Published: May 02 2017 | 8:43 PM IST

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