Shreyas Talpade accused in Rs 100 crore ponzi scam in Uttar Pradesh, FIR filed
Shreyas Talpade, along with 14 others, has been implicated in a major fraud case in Uttar Pradesh's Mahoba district. The allegations involve duping villagers out of crores of rupees through a deceptive chit fund scheme. The accused were allegedly associated with 'The Loni Urban Multistate Credit and Thrift Cooperative Society Limited,' a company that targeted rural investors with promises of high returns. Agents of the company reportedly assured villagers that their investments would double in a short period, leading hundreds to invest substantial amounts. However, after collecting crores from unsuspecting villagers, the company abruptly ceased operations and its representatives disappeared. The fraudulent activities had been ongoing in Mahoba for nearly a decade before coming under legal scrutiny. Authorities have registered a case at the Srinagar police station, initiating an investigation to uncover the full extent of the scam. Further actions will be determined based ...