Ever since financial fraud by Prashant Wasankar of Wasankar Wealth Management surfaced, many investors trapped into similar other ponzi schemes have been drawing towards Crime Branch. Many investors who were lured into various money multiplying schemes are pouring in, after the lid blown off the bulging business of inviting unauthorised capital investment.
In yet another investment fraud which was exposed few days before Wasankar scam, close to 57 complainants have come forward against Raviraj Group. The total amount till now was pegged at Rs 3.16 crores.
The Economic Offences Wing (EOW) had on August 6 managed to nab absconding fraudster Rajesh Joshi of Raviraj Infrastructures. The Investigating Officer Naresh Pawar informed that the Police Custodial Remand (PCR) of Rajesh Joshi has been extended till August 20, 2014.