BENGALURU: A 46-year-old lady alleged that she and her husband, together with 11 others, have been cheated of about Rs four crore that they had invested in actual property corporations endorsed by a non-public wealth administration firm.
Ketki Shah Talati, a resident of Devarabisanahalli, mentioned in her grievance to Basavanagudi police that she and her husband had invested Rs 1.7 crore in numerous actual property corporations which Karvy Non-public Wealth, Basavanagudi department had urged after claiming to have executed due diligence.
Police registered a case of dishonest towards Karvy CEO Abhijth Bhave and administrators and officers of some different actual property corporations through which the couple and 11 others had invested greater than Rs four crore.
Ketki alleged that Karvy had lured them by promising good returns for investments and claimed they hadn’t acquired any returns or bought again their funding.
“The complainants alleged that Karvy had not organized direct interplay with builders with whom that they had invested their cash and requested authorized motion towards the top and administrators of the Karvy Group firms,” police mentioned, quoting the grievance.
“We registered a case of dishonest and requested all particulars and paperwork about their investments for verification. A probe will start as soon as we full scrutiny of paperwork,” a police officer mentioned.
Basavanagudi police claimed they’d interacted with Karvy officers who denied dishonest anybody and that they’d discuss to realty corporations and resolve the problem.
Based on complainant Ketki, she and her husband Mayank Harshad Talati invested Rs 1.7 crore in 2015. Different buyers listed in her grievance are: Visveshvaraya (Rs 60 lakh), Satyanarayana Rao Navaluru (Rs 15 lakh), Swatantra Rao (Rs 22 lakh), GS Ravishankar and his spouse Pooja Ravishankar (Rs 15 lakh), TT Usharani (Rs 30 lakh), Pleasure Chandra (Rs 30 lakh) KS Raghunandan (Rs 15 lakh), Krishnamurthy Nagesh Prakash and Aparna Nagesh Prakash (Rs 38 lakh).
A tweet to Karvy Non-public Wealth looking for its remark didn’t elicit a response on the time of going to press.