Wasankar out to sell its prime properties to return investors’ money

Nagpur News. Till recently, a prime property located opposite Ambazari lake displayed a board of Wasankar Wealth Management Ltd. The company’s chairman Dr Prashank Wasankar was anxious to set up its corporate office there. But the hell broke loose over the...

by Nagpur Today | Published 8 years ago
By Nagpur Today On Friday, December 6th, 2013

Whistleblower who exposed Wasankar senses threat to life; moves HC for security

Nagpur News. The whistleblower, one among those who prominently raised the issue of Wasankar Wealth Management and Shreesurya Group illegally inviting deposits from the gullible investors, is reeling under constant threat to his life and property. Concerned over the threat calls...

By Nagpur Today On Wednesday, December 4th, 2013

Now suspicion raised over Wasankar’s PhD

Nagpur News.

Dr Prashant Wasankar, proprietor of Wasankar Wealth Management is gaining notoriety with every passing day. This time suspicion is being raised over his doctorate degree. Insiders revealed that investors who are wary of their funds parked into...

By Nagpur Today On Tuesday, December 3rd, 2013

Wasankar uses his political proximity to ward off trouble from investors

Nagpur News.

Wasankar Wealth Management had reportedly acted smart while shifting the people’s money to personal ventures. It is learnt that one of his kin who owns a stretch of land beside Sonegaon police station is in family relation with Dr...

By Nagpur Today On Monday, December 2nd, 2013

Wasankar plays Robin Hood; tries to calm small investors to avoid ‘big trouble’ ahead

Nagpur News. It appears Wasankar Wealth Management has switched to the strategy of appeasing its small investors while shattering the hopes of those who parked huge funds into its money multiplying schemes. Of late, these schemes have turned into nightmare for...

By Nagpur Today On Friday, November 29th, 2013

Wasankar warns investor to keep shut on cheque bounce; fails to repay Rs 3 cr

Nagpur News. Yet another case of defaulting on payment of whopping Rs 3 crore by Wasankar Wealth Management has come to light. Wasankar has reportedly threatened an investor who parked his moolah into the company’s dubious scheme promising him of 24-27%...

By Nagpur Today On Thursday, November 28th, 2013

Wasankar flouts many norms to lure investors into its trap; Panic grows larger

Nagpur News. Wasankar Wealth Management which has hit the rough patch due to financial crunch is facing the heat of investors at its office. Everyday hordes of investors are dropping in at Wasankar’s office to get their money back after the...

By Nagpur Today On Wednesday, November 27th, 2013

More trouble ahead for Wasankar as SC directs to check on illegal deposit schemes

Nagpur News. Trouble seems to be spelling wide against Wasankar Wealth Management in Nagpur given the recent Supreme Court’s directive to bust unauthorized and illegal deposit schemes operating to lure gullible investors. The Supreme Court has recently issued notice to the...

By Nagpur Today On Tuesday, November 26th, 2013

Wasankar Scam : Investors panic as promise of high return turns fake; CM’s intervention urged

Nagpur News: After EOW has arrested directors of ‘Shreesurya Group’ under charges of cheating  over 10,000 investors from farm crisis hit Vidarbha and Marathwada,  luring them with towering return. The ponzi schemes by this group turned out to be fraud as...

By Nagpur Today On Monday, November 25th, 2013

End of road for Wasankar ; Another Investment Bubble set to burst in Nagpur?

Nagpur News: An old joke goes- The best way to double your money is to fold it in half and keep it in your pocket. While the joke stands true for the moolah it also unveils the ugly face of fraudsters....