Dr. Sukhdev Singh, a physiotherapist from Sehnal village in Fatehabad, has been arrested by Ratia police for allegedly running a fake investment scheme promising to double people’s money in just one month. The scheme defrauded nearly 2,934 people, with the total fraud amounting to approximately Rs80 crore.
The fraud came to light after a complaint was filed by Amrik Singh, a resident of Sehnal, who claimed that Dr. Singh had set up a company named Shishpal Front Line Consultancy and Services Pvt Ltd, using his father’s name. Singh reportedly used around 25 local agents to collect investments from people, assuring them of quick returns.
According to Amrik Singh, on January 18, Dr. Singh and his associates persuaded him to invest Rs3 lakh, assuring that his money would double within a month. However, after two and a half months, Singh claimed he had not received any returns. When he asked for a refund, he alleged that Dr. Singh and his associates abused and threatened him, even making threats to kill him.
The FIR filed by the police mentions several of Dr. Singh’s associates, including Rajkumar, Raju, Pragat Singh, Ravi Kumar, Mahender, Ankit, Sheera, and Roshan Lal, all of whom played key roles in the scheme. One of the earlier arrests in this case was of Balinder alias Binnu, an agent, and Jaswant alias Sheera, who allegedly provided the premises for running the fraudulent operation.
The police have registered the case under multiple sections of The Prize Chits and Money Circulation Schemes (Banning) Act, 1978 and Bharatiya Nyaya Sanhita (BNS). The Economic Offences Wing (EOW) in Fatehabad is currently investigating the matter, with authorities saying that further investigations are underway based on the complainant’s statements.
