Abhay Gandhi has run away, says police report

A report submitted to the assistant commissioner of police (ACP) PC Joshi in connection with the ponzi scam involving AISE Capital Management Pvt Ltd has stated that the company's director Abhay Gandhi has ran away. The report was submitted by police inspector of Satellite police station NB Chavda. It should be noted that no complaint was registered in connection with the case but Satellite police station had began an investigation into the same nevertheless.

The report also talks about the unwillingness of investors to file a complaint. Gandhi had gone missing since April 23 with investors money running into crores of rupees. Following reports about the scam, police decided to investigate the case. The ACP had asked Satellite Police to find out the whereabouts of Gandhi and check if the media reports about him were correct.

"We visited his parent's house as well as his rented home but he was untraceable. We even visited his office but in vain," said Chavda. He said police have taken the statements of investors."We tracked some investors and took their statements in which they claimed to have lost money but no one was willing to file a police complaint," he said. Meanwhile, the agents of AISE Capital Management are hopeful of Gandhi's return.

"We have assured other clients, who invested their money with Abhay Gandhi, that they will get their money back,” said  an agent of AISE.