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    Published On : Thu, Aug 23rd, 2018

    Yuva Sena chief dupes several people of crores of rupees

    Fraud

    Nagpur: While Shiv Sena’s former Sampark Pramukh Gajanan Kirtikar has planned a convention of party workers in Nagpur in order to strengthen the party in Vidarbha, here comes a news that may surely disappoint him. As per information, Akash Sarode, the Nagpur chief of Yuva Sena – the yough wing of Shiv Sena – and his associates have allegedly cheated many people of crores of rupees.

    Sources said that some of the victims were doing rounds of Sadar police station since last few days and police too had started building pressure on Sarode, who is now absconding along with his family. Police have seized Sarode’s LED Van and parked it in the Sadar police station premises, though they have not registered any case against him, sources said, adding that the victims, who had invested money from Uttarakhand, have been advised to file cases with Dehradun police.

    Akash Sarode, along with his friends, formed a LED advertising company named ‘My Dial’ just one and a half year ago and installed LED screens at some of the squares in the city. The LED screens were being used to display advertisements of various businesses.

    Sarode then approached numerous people in Uttarakhand, Chhattisgarh and other States. He organized seminars in those States appealing people to invest in his company with a promise to double their money within just 10 months. Committing big commissions, Sarode appointed agents, who collected lakhs of rupees from people in their respective cities and deposited the amount in Sarode’s bank account.

    The investors were provided deal agreements on stamp papers and they were paid interest on their investment for the initial two-three months. Encouraged with this, more people invested their money in Sarode’s company. The victims from Dehradun alone have reportedly invested Rs 54 lakh into Sarode’s company. As per information, the fraud may go up to Rs 150 crore.

    The company has reportedly stopped operations since last two months and the promoters are untraceable. Sources said that Saorde has bought many properties from the amount invested in his company.


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