Krishna Rathod, the 42-year-old key accused in the multi-crore ‘30-30′ fraud case, was arrested by the Economic Offences Wing (EOW) for his involvement in a fraudulent investment scheme that deceived 53 investors out of Rs 15.47 crore. Rathod was subsequently presented before the court, which granted police custody until January 10.
The case came to light after Pramod Jadhav, a 40-year-old businessman from the Khokadpura area of the city, filed a complaint on November 27, 2024. According to the complaint, Rathod and his associates had launched the ‘30-30’ scheme, promising high returns on investments.
In response to Rathod’s arrest, Police Commissioner Pravin Pawar issued a public appeal urging other victims of the ‘30-30’ scheme to come forward and report their financial losses to the EOW.
EOW Inspector Sambhaji Pawar confirmed that investigations are ongoing, and efforts are being made to gather solid evidence to build a strong case against the accused. “Several victims have already approached us, and we encourage others to come forward with their bank account details and complaints,” Pawar said.