Published On : Tue, Oct 15th, 2013

Shreesurya Scam : Investors not to move court now; Will meet police chief to seek quick action


Nagpur News.

The duped investors of Shreesurya Group have decided to squeeze out their hard earned money with rather changed game plan. The investors would not go to the court but continue their fight against the top brass and kingpin of Shreesurya Investment fraud Sameer Joshi and his wife Pallavi, while seeking some quick action from police. The gullible investors have now decided to meet Commissioner of Police K K Pathak on October 19 and submit a memorandum to this effect.

The investors have expressed shock over the lackadaisical attitude of the local police in handling the matter till date. It may be mentioned that Economic Offences Wing is conducting the probe into the case but it is reportedly facing severe hurdles owing to non-cooperation from various departments. Frustrated over the dead slow pace of probe, the investors have now decided to act their way with due support from Communist Party of India.

The significant decision came in a meeting held at Ganeshpeth here. The meeting was convened by the Nagpur Unit of the Communist Party of India.  Jammu Anand, District Secretary of CPI was prominently present.  A prominent investor Madhukar Seth presided over the meeting.

The local unit of CPI has offered space in its office to the investors and has appealed the gullible investors to register themselves by contacting the office from October 16 between 4 pm and 7 pm daily.  Prasanna Shivankar, Rajesh Gavhane, Sushil Mohabasi, Damodar Meshram,  J G Gajbhiye, C. B. Chavandake, S. K. Sarkar and Seth would volunteer to co-ordinate the visiting investors.  Investors were requested to come forward and get themselves register without any fear and not fall to any false assurance of any higher up. Some investors also complained about few agents misguiding them.

“The police have not moved an inch forward for arresting Sameer Joshi. Even though the anticipatory bail of Pallavi Joshi had been rejected by the court, the police have not acted yet. The inactive role of police has raised the eyebrows of many investors.  The meeting has resolved to organize investors and launch series of agitations,” Jammu Anand informed after the meeting.

A large number of investors were present in the meeting held today at the office of the Communist Party of India, Nagpur.

Conspiracy hatched against investors

Anand alleged that Joshi couple collected money with malafide intentions to dupe the investors. Joshi got the investors’ money in the name of Shreesurya investment, a Hindu undivided family to avoid provisions of Companies Act. Anand even cast aspersion of deliberate police inaction in the matter despite the things exposed to alarming proportion. Moreover, Anand also pulled up Income Tax department for ignoring the company’s incomings during the last seven years the company has been functioning. He said even the investors are clueless over where their money has gone. “Joshi couple should disclose where they have made investment,” he said.

Jammu Anand alleged that thousands of gullible investors were lured into honey trap schemes of Shreesurya Investment. The company promised attractive returns to win over the investors. At the same time some politicians and officers at higher rank in various government departments invested huge amount. It is surprising that the Joshi couple issued huge advertisements during the last seven years but went unnoticed by various enforcing authorities like Reserve Bank of India, income-tax and police department.