KOZHIKODE: Close on the heels of the Fashion Gold International episode, one other case of funding fraud has surfaced in Payyannur in Kannur district.
People have began lodging complaints in opposition to Aman Jewellery alleging that they had been duped by the house owners of the agency. Three individuals have lodged complaints with the police that they misplaced cash. The jewellery has a store at Perumba in Payyannur.
“Till now we have registered 15 cases including on the nine petitions we received on Saturday. Right now, Moidu Haji, the managing director, is the accused in the case,” mentioned P Pramod, inspector of police, Payyanur.
He added the police are planning to jot down to the division of firm affairs to get the main points of the board of administrators of Aman gold. “Moidu Haji is absconding, and we will make the other directors accused as and when we get their details. The investors know only Haji,” the inspector mentioned.
The modus operandi in this case is also in the mannequin of the Fashion Gold. Investments to the tune of lakhs of rupees had been accepted from the individuals providing enticing returns. Police anticipate that extra individuals will give you complaints in the approaching days.
Meanwhile, Payyannur police registered three extra circumstances in opposition to M C Kamarudeen, MLA, in the Fashion Gold dishonest case.
