A chit fund company in Unnao, Uttar Pradesh has absconded with crores of rupees on the pretext of doubling the money in 15 days. The people of the company lured some people to double their money in a week and some in 10 days. He was running a company in the name of share trading and chit fund. The victims of the fraud scoured the office for several months and when no one was found, they went to the house of the company manager and raised a ruckus. Former councilor Sunil Kumar said that Ayad, Kashan, Aamir and Adnan, residents of Ganjmuradabad in Bangarmau police station area, started a chit fund company. These people lured hundreds of people to double their money in 15 days and deposit their hard earned money in the company. For a few days he even returned the money to people, but when a large number of people invested money in his company, the company ran away with crores of rupees.

In the temptation to double the money, jewelery was also pawned:
In the temptation of doubling money in 15 days, many women have pledged their jewelry, while someone borrowed from a friend Rs. 50 lakh has been borrowed and deposited. People deposited money with the hope that when the money doubles in 15 days, they will take back the jewelry or repay the loan. But when the company accumulated more money and the company disappeared. Enraged by this, people went to the company director’s house and created a ruckus. As soon as the information was received, the police reached the spot and somehow pacified the rioters.

Action is being taken in this matter:
CO Bangarmau Arvind Chaurasia said that even 4 months ago, chit fund people had given information about a fake robbery, which was also revealed. A case was also registered on the complaint of the people, but after that the victims did not come forward again. Now people are making a ruckus here again.