A couple from Ponda has fallen victim to a Rs16 lakh investment scam allegedly orchestrated by six individuals connected to a company based in Kolhapur.
According to the complaint lodged at Mardol Police Station, the accused — Indrajit Kadam, Amey Kadam, Smita Kadam, Shailesh Wagh, Rahul Gadve, and Rupali Gadve — enticed the couple to invest in a scheme promising lucrative monthly returns of Rs4,500 per Rs1 lakh invested for a two-year period. The scheme also guaranteed the return of the principal amount after the lock-in period.
The couple invested the substantial amount, only to discover that the scheme was fraudulent, leading to a significant financial loss.
Police have registered a case and investigations are ongoing to trace the accused and bring them to justice.
