Published On : Fri, Jan 12th, 2018

Another witness deposes in Shreesurya scam case trial, says he invested Rs 17 lakh

Shreesurya Scam
Nagpur: The trial in the multi-crore Shreesurya investment scam resumed on Friday in the District and Sessions Court here.

Another witness Anil Dhote deposed before the Judge Munghate. He told the court that he had invested an amount of Rs 17,04,000 with Shreesurya Investment Company in the name of various heads of his family namely wife Archana, brother Sunil Dhote & his wife Vijaya. He also informed the court that, they received an amount of Rs 2.61,000 as interest thereon. They reinvested the same in Shreesurya Investment Company.

The next date for cross examination of the witness has been fixed on January 19, 2018.

Senior counsel Subhash Ghare, Adv Chandrashekhar Jaltare, Adv Ranjit Sardey, Adv Bhangade brothers. Adv Deshpande appeared for the accused persons.

Special Government Pleader Adv Vijay Kolhe held brief for the state government.

It may be recalled that after expose of Shreesurya scam, it is being speculated that over 5,000 gullible investors were duped by the kingpin Sameer Joshi to the tune of Rs 200 crores.

The Shreesurya Group allegedly collected funds from over 5,000 investors, many of them senior citizens, and guaranteed to double the amount invested in a couple of years. The schemes busted after the group failed to pay returns to investors in 2013. As a result of many complaints, including that in Pune, Amravati and Akola, the Joshi couple was arrested by the Economic Offences wing (EOW).

The aggrieved investors under ‘Shreesurya Pidit Thevidar Kruti Samiti’ had also filed another petition through its Secretary Shriram Dagwar. According to the prosecution, the EOW seized 32 properties belonging to Joshi. and roped in chartered accountants to examine the accounts and trail of the money which was withdrawn before the offences could be registered.

Both Joshi and his wife believed to have either withdrawn or transferred crores from these accounts, a month before the offence was registered against them and they were put behind bars.