HC rejects Wasankar’s bail plea as it sees ‘dishonest intention’!
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...
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 dupe thousands of depositors. This is for fourth time that...
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 here that Bhute has been under...
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 high-profile Wasankar investment fraud case to...
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 significant progress in the investigation of the...
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 of infamous Wasankar Investment Company, which...
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 on July 16, 2015. Sources revealed that there as six...
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 several money trails. Reliable sources claim that one of...
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 Wealth Management Ltd, in duping of investors case. The...
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 Management Ltd, after collecting unflinching evidence against them in duping...
SEBI orders Wasankars to repay all investors by Sept 3; Joshi submits guarantee in court
Nagpur News. Infusing hope among hundreds of investors, the Security and Exchange Board of India (SEBI) has tightened its noose on the big time scamster in Nagpur – Prashant Wasankar of Wasankar Wealth Management to repay all his investors as early...
PCR of Prashant Wasankar and Abhijit Chaudhari extended for two days
The Court granted two more days of PCR extending till August 8, 2014. Nagpur News. With so much complaints and such a huge work load, the Investigating Officer who is investigating into the Wasankar Wealth Management case PI...
Wasankar Scam : 15 more investors lodge plaint, defaulted amount increases to Rs 16 cr
Nagpur News. As the news of Prashant Wasankar’s arrest spread, many investors have started coming forward to lodge the complaint against him. These investors had, till date held back or were hesitating from lodging their complaints....
Duped investors of all the scamster groups join together; take out rally to CP’s office
Investors submit memorandum to Joint Commissioner of Police in the absence of CP. Nagpur News. The cheated investors of Shree Surya, Wasankar Wealth Management, Raviraj Group, Satvik and others came under a common platform called “Peedit Niveshak...
Well wishers of Prashant Wasankar gather in large numbers to show solidarity with him
Action Committee formed for seeking Conditional Bail to Wasankar. Nagpur News. The complete and total control that Prashant Wasankar holds over many investors could be seen by the large gathering of over 200 investors who gathered at Dagdi Park in...
Prashant Wasankar appears in ‘picture-perfect’ smile at court; sent to 7 days PCR!
Nagpur News. Apart from the regular procedures that the kingpin of the latest investment fraud Prashant Wasankar had to face, another thing that was constantly maintained at his face was his uncanny smile that indicates far more than what meets the...
Wasankar Scam : Did Highly ranked political leader influence cops to evade kingpin’s arrest?
Nagpur News. With the arrest of Prashant Wasankar, his brother and brother-in-law on Sunday, sun has finally set on yet another state-wide dubious network of ponzi schemes run by Wasankar Wealth Management. However the deliberate delay in police action has raised...
Nagpur Today effect: Multi-crore scamster, Wasankar finally arrested
Wife and five other accomplices to be arrested in a day or two Nagpur News. In what could be mentioned as covert operation, the Investigating Officer of Economical Offenses Wing of Crime Branch Police Inspector Dane, finally arrested the multi-crore scamster...
Wasankar Scam: Harrowing experience of investors staging sit-in-dharna
Nagpur News. What began as a steadfast single-minded attempt to draw the attention of Wasankar and the legal fraternity in getting their money back has on July 26, 2014 reached the third day. The people who are staging the sit-in...
Wasankar Scam : CP avoiding arrest, opts for mediation route; Investors condemn inaction
Investors staging protest at Wasankar’s office since last night; more to join today Panic Investor inside Wasankar Office Nagpur News. Frustrated over police inaction in bringing their defaulter behind the bar owing to their hard earned money being choked into his ponzi...
Fresh plaints against Wasankar; Goons threatening investors, police mum
Nagpur News. First, a fraud was committed by swindling crores of rupees from gullible investors and when it came to return their hard earned money, they got nothing but the threat. One of the investors who lodged his complaint at Economic...
