Chandigarh police brought a Tihar Jail inmate Rupesh Verma to the city on production warrants in the connection of seven months old forgery, cheating case on Tuesday. The Mumbai resident Rupesh Verma had cheated 3 city residents at the tune of Rs 2 lakh after fluting Om Sai Nath Car On Rent Pvt. Ltd in sector 9 in March 2010. The case was registered at sector 3 police station.
“It is true that bail was granted despite the police counsel objecting to it. But, this does not affect the investigations in any way as we have strong documentary evidence in the case. Since we registered the case, we receive an average of 15 fresh complaints daily,” said Rakesh Maria, joint commissioner of police (crime).
The crime branch had taken over the investigations into the case originally registered with the Oshiwara police station. A large number of people were allegedly cheated by two firms — Car Runway India ltd and Bindu Travels — owned by Mritunjay Pande and his brother Rakesh. While the former absconded, Rakesh was arrested by the crime branch a day after taking over the investigations. Rakesh is the proprietor of PCF Express Services Pvt Ltd, the courier service agency that is yet to be attached by the police.
Pandey had floated the two finance companies that and offered a 25% return on investment per annum to investors. “Pandey had been operating his finance firms for the last three years and even provided credit card services for those desirous of investing. His employees processed these cards for investors and then they were simply asked to swipe their cards to the extent they wanted to invest in the scheme,” said a police officer.
Rental car scam kingpins land in police net in Mumbai
They duped unsuspecting investors of crores of rupees on the pretext of a car rental scheme before being hounded by the police in 2009.
It was a big crime even then, but economic offences wing (EOW) sleuths are discovering its astounding magnitude only after arresting the two culprits.
The two — Amit Kishore Verma and Sanju Shrivastav — were directors of Om Sainath Car on Rent Ltd company, Kandivli. The investigation after their arrest in Mumbai recently has revealed that they ran a bigger scam than anticipated earlier.
The properties and assets owned by them include Rs84 lakh in cash, 154 cars of different models, 26 flats and two shops in Mumbai, three flats in Kalyan and Rajasthan, and a plush showroom in a Gurgaon-based mall. As many as 68 bank accounts of the company are under police scanner.
It was a scheme similar to that of the recently busted Citi Limouzine company, said an EOW official.
In 2007, the duo along with a few other partners, had floated the company and promised huge returns on investment.
“Om Sainath officials would lure the investors saying that they would purchase cars and supply them on rent to various companies. The money generated would be given to the investors. Also, after few years the investors would be entitled to the ownership of the vehicle purchased by the company. The scheme attracted investors from Mumbai, Delhi, Jaipur and Bangalore,” said the EOW official.
After a few years, the company defaulted in giving returns to the investors and shut down its operations in December 2009. One Sameera Ismail Patel then registered a criminal case.
“We have received over 400 complaints against the company. The seizure itself shows that this was a huge scam,” said the official.
“We have arrested the duo and are investigating the case further,” additional commissioner of police, EOW, Sanjay Saxena told.
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I was quering about investments in some diffrent basket in the market. i found this company named Shree om sai nath car on rent limited who are giving good returns over your minimal invested amount.One of my friend who was employed in this company, i thought to know much about this company from him. he advised me to away from this company as being an employee what he observed.
1. they dont have any own work for which they are asking investment neither they purchase any car, land or resort.
2. they invest your money in share market, for which they dont ask investors to do so.
3. they put your money in foreign companies HYIP (High yield investment plan) they give 20% to 30% return in DOLLOR over invested amount.and this company convert it in to rupees through HAWALA, which is totally illegal and this type of HYIP is purely risky.
4. earlier to Shree Om sai nath company, owner of this company were doing as a estate agent work in mumbai and they have cheated many people, who are still behind them for recovery of their money.
5.they are providing false schemes to investors like, car, hotels, resorts, etc.
my friend left this job because he doesnt want to involve in future scandals
After this, my curisity has increased to know more about this company, so being as as fresh investor i have gone to their New Delhi office and quried about schemes, they replied to all in recorded manner. but when i gave refrence to my friend, who has worked with them earlier, they start reacting over my questions. rupesh verma who disclose his identity as owner of this company, telephonically called my friend in front of me and threatened that he will shut his mouth as well as life and will teach him a lesson very shortly, then he disconnet the phone line and make me get out of his office and told not to come again. i felt insulted, and came back to my home.
I dont know till now how many investors have invested money into this company, but this company is not giving right schemes to customers they are doing bussiness on fraud base. so avoid this comapny and if you have been traped than ask them where they put your money.else choice is yours
now my friend and i have makeup our mind to take this company in the court for crime offence and for consumer justification.
It was a big crime even then, but economic offences wing (EOW) sleuths are discovering its astounding magnitude only after arresting the two culprits.
The two — Amit Kishore Verma and Sanju Shrivastav — were directors of Om Sainath Car on Rent Ltd company, Kandivli. The investigation after their arrest in Mumbai recently has revealed that they ran a bigger scam than anticipated earlier.
The properties and assets owned by them include Rs84 lakh in cash, 154 cars of different models, 26 flats and two shops in Mumbai, three flats in Kalyan and Rajasthan, and a plush showroom in a Gurgaon-based mall. As many as 68 bank accounts of the company are under police scanner.
It was a scheme similar to that of the recently busted Citi Limouzine company, said an EOW official.
In 2007, the duo along with a few other partners, had floated the company and promised huge returns on investment.
“Om Sainath officials would lure the investors saying that they would purchase cars and supply them on rent to various companies. The money generated would be given to the investors. Also, after few years the investors would be entitled to the ownership of the vehicle purchased by the company. The scheme attracted investors from Mumbai, Delhi, Jaipur and Bangalore,” said the EOW official.
After a few years, the company defaulted in giving returns to the investors and shut down its operations in December 2009. One Sameera Ismail Patel then registered a criminal case.
“We have received over 400 complaints against the company. The seizure itself shows that this was a huge scam,” said the official.
“We have arrested the duo and are investigating the case further,” additional commissioner of police, EOW, Sanjay Saxena told.
===============
I was quering about investments in some diffrent basket in the market. i found this company named Shree om sai nath car on rent limited who are giving good returns over your minimal invested amount.One of my friend who was employed in this company, i thought to know much about this company from him. he advised me to away from this company as being an employee what he observed.
1. they dont have any own work for which they are asking investment neither they purchase any car, land or resort.
2. they invest your money in share market, for which they dont ask investors to do so.
3. they put your money in foreign companies HYIP (High yield investment plan) they give 20% to 30% return in DOLLOR over invested amount.and this company convert it in to rupees through HAWALA, which is totally illegal and this type of HYIP is purely risky.
4. earlier to Shree Om sai nath company, owner of this company were doing as a estate agent work in mumbai and they have cheated many people, who are still behind them for recovery of their money.
5.they are providing false schemes to investors like, car, hotels, resorts, etc.
my friend left this job because he doesnt want to involve in future scandals
After this, my curisity has increased to know more about this company, so being as as fresh investor i have gone to their New Delhi office and quried about schemes, they replied to all in recorded manner. but when i gave refrence to my friend, who has worked with them earlier, they start reacting over my questions. rupesh verma who disclose his identity as owner of this company, telephonically called my friend in front of me and threatened that he will shut his mouth as well as life and will teach him a lesson very shortly, then he disconnet the phone line and make me get out of his office and told not to come again. i felt insulted, and came back to my home.
I dont know till now how many investors have invested money into this company, but this company is not giving right schemes to customers they are doing bussiness on fraud base. so avoid this comapny and if you have been traped than ask them where they put your money.else choice is yours
now my friend and i have makeup our mind to take this company in the court for crime offence and for consumer justification.
Multi-crore car investment scam accused gets bail
Investigations into the multi-crore car finance and investment scam by the Mumbai crime branch received a jolt on Saturday when one of the prime accused in the case, Rakesh Premnarayan Pandey, was given bail. The police are yet to nab Rakesh’s absconding brother and mastermind of the scam, Mritunjay.“It is true that bail was granted despite the police counsel objecting to it. But, this does not affect the investigations in any way as we have strong documentary evidence in the case. Since we registered the case, we receive an average of 15 fresh complaints daily,” said Rakesh Maria, joint commissioner of police (crime).
The crime branch had taken over the investigations into the case originally registered with the Oshiwara police station. A large number of people were allegedly cheated by two firms — Car Runway India ltd and Bindu Travels — owned by Mritunjay Pande and his brother Rakesh. While the former absconded, Rakesh was arrested by the crime branch a day after taking over the investigations. Rakesh is the proprietor of PCF Express Services Pvt Ltd, the courier service agency that is yet to be attached by the police.
Pandey had floated the two finance companies that and offered a 25% return on investment per annum to investors. “Pandey had been operating his finance firms for the last three years and even provided credit card services for those desirous of investing. His employees processed these cards for investors and then they were simply asked to swipe their cards to the extent they wanted to invest in the scheme,” said a police officer.
I am an investor of CAR RUNWAY INDIA LTD, and lot my hard earned money with this company....
ReplyDeleteI dont know why actions are not taken against this kind of fraudsters who play with public feelings... coz i was relying on the investment and i got duped and was in a trauma from which i m Still recovering... the loses i made with the company is still on ma head and i m still trying ma best to clear the debts which hapend to me