HC rejects Wasankar’s bail plea as it sees ‘dishonest intention’!

wasankar

Nagpur: Coming clear on the mushrooming Ponzi schemes in the city, both at large and small scale, Nagpur bench of Bombay High Court said that promising high returns itself is a gesture of dishonesty. The court added that prima facie such an ‘unrealistic’ promise clears the criminal intention. Justice Sunil Shukre said this while rejecting More...

by Nagpur Today | Published 1 month ago
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By Nagpur Today On Thursday, July 14th, 2016

Wasankar’s bail plea rejected

File Pic Nagpur: The MPID court on Wednesday rejected the bail application of Prashant Wasankar, accused of running various Ponzi schemes under umbrella of ‘Wasankar Wealth Management Limited’ to allegedly More...

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By Nagpur Today On Tuesday, January 5th, 2016

Wasankar scam : Avinash Bhute of Tajshree Automobile arrested

Nagpur: Noted automobile dealer Avinash Bhute has been arrested by the Crime Branch in connection with the Wasankar scam on Monday, sending panic button ringing among those associated with the scam. It may be noted More...

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By Nagpur Today On Wednesday, September 9th, 2015

Wasankar Scam: Facing court heat, one of accused deposits Rs 50 lakh

Nagpur: The hard-hitting stance taken by the Justice Suryavanshi of Special Court dealing the cases under Maharashtra Protection of Interests of Depositors (MPID) Act has forced one of the horde of accused in the More...

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By Nagpur Today On Thursday, August 27th, 2015

EOW seizes cars, plot and flats of Wasankar in ponzi scheme fraud

Nagpur: In another significant move, the sleuths of the Economic Offenses Wing of Nagpur Crime Branch, under the guidance of Deputy Commissioner of Police (EOW & Cyber Crime) Deepali Masirkar, made some very More...

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By Nagpur Today On Friday, July 17th, 2015

Wasankar Scam: Bhute of Tajshree Group, Pankaj Rathi names in supplementary charge-sheet

Rs 109 crore yet to be recovered from Wasankar Co., Avinash Bhute (Tajshree Group) had sold out land worth Rs 10 crore to Wasankar Nagpur: The third charge-sheet in amazing 30,000 pages against the erring directors More...

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By Nagpur Today On Thursday, July 16th, 2015

Wasankar Scam: Nagpur Crime Branch files approx 30000 page charge-sheet

Nagpur: In a significant move, the Economic Offenses Wing of Nagpur Crime Branch filed supplementary charge-sheet of approx. 30000 pages in the Special Maharashtra Protection of Interest of Depositors (MPID) Court More...

Prashant Wasankar's sister tying rakhi in jail
By Nagpur Today On Thursday, March 12th, 2015

Wasankar Scam: Cops on the money trail leading to a reputed chef of the city

Nagpur: After a lot of pain-staking investigations done by Police Inspector Dane under the able guidance of Deputy Commissioner of Police (Economical Offences & Cyber Crime) Deepali Masirkar, the cops have got More...

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By Nagpur Today On Thursday, October 16th, 2014

Cops file supplementary charge-sheet against Wasankar, others in duping of investors case

Nagpur: In a significant development, Crime Branch of Nagpur Police has filed a supplementary charge-sheet in the District and Sessions Court against Prashant Jaideo Wasankar and others, all associated with Wasankar More...

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By Nagpur Today On Wednesday, September 24th, 2014

Wasankar brothers, other charge-sheeted for duping investors to the tune of Rs 83.57 crore

File Pic Nagpur: In a significant development, police have filed charge-sheet in MPID Court against Prashant Jaideo Wasankar, Vinay Jaideo Wasankar and Abhijit Jayant Chaudhari, all associated with Wasankar Wealth More...