Published On : Fri, Aug 1st, 2014

Office-bearers of 8 education societies deprive students of their scholarships, swallow Rs 1 cr

Nagpur News.

Tehsil police have booked office-bearers of 8 education societies on the charges of defrauding Maharashtra Government to the tune of over Rs 1 crore on account of group insurance and scholarships of students.

According to police, the accused Chandrashekhar Prabhakar Bhisikar, resident of Golibar Chowk, Parate Education Society, SB Bahuuddeshiya Mahila Mandal, Kiran Bahuuddeshiya Mahila Mandal, Susanskar Bahuuddeshiya Mahila Mandal, Divya Mahila Sanstha, Sanskar Mahila Mandal, Maharashtra Rajya Mahila Sanstha, and Care Cultural Association for Sarla Education and Rural Education connived with each other. The accused, from January 2010 to March 2013, availed Group Insurance from Bhisikar’s Divya Finance office through a Nodal Agency and subsequently received an amount Rs 47,44,600 towards scholarships under Shiksha Sahayog Yojana. However, instead of distributing to the students, the accused used the scholarship amount for their own benefits. They even indulged in fake signatures of students. With this modus operandi, the accused deprived 3000-4000 students of their scholarships and defrauded Government to the tune of Rs 1 crore over the period.

On the basis of a complaint lodged by Raju Shivaji Bhunje, Tehsil PSI Pokle has booked the accused under Sections 420, 406, 120(B), 468, 471 of the IPC. The probe has been handed over to EOW of Crime Branch.

Representational Pic

Representational Pic