Another Ponzi scamster is said to have made away with over Rs100 crore of investors’ money in the city. A group of 15 people reportedly approached the Detection of Crime Branch officials on Thursday alleging a 42-year-old man, identified as Vinod Dutta, a resident of Shivdhara flat in Thaltej of duping them of crores of rupees.According to police the alleged scamster had floated two Ponzi schemes in the name of Ablabs Simcap Private Limited and Ablabs Villa private limited at Himalaya Mall in Vastrapur. Dutta was running these two companies as the director.“Like in previous instances, in these schemes too, hundreds of people including police, politician and many government officials and businessmen along with their relatives had invested huge money. He had assured people of giving interest on their money from 7 to 10% monthly. The schemes were going on in the market for last three to four years,” police said.Sources refused to identify the names of complainants, but said that the complainants first went to meet the governor. From there they were asked to meet the city police commissioner Sudhir Sinha. Sinha forwarded the case to the crime branch, which is already investigating into three other cases including Shradha Saburi, IMT Sons and Abhay Gandhi’s scam.“There are hundreds of people involved even in this Ponzi schemes. On June 3 some of the investors who were refused their money, had bashed up Dutta. But we have come to know that Dutta has fled to unknown place after a group of people decided to lodge police complaint against him,” sources said.Sources said that Dutta too was living a lavish lifestyle with a BMW car, a grand and well-furnished office and house.

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