Aurangabad: Considering the gravity and scale of the alleged 30-30 scam, Aurangabad rural superintendent of police Nimit Goyal has ordered the economic offences wing (EOW) to take over the probe in the case that was registered at the Bidkin police station.
The 30-30 scam pertains to an investment scheme that had allegedly promised a 30% monthly return on investment.
Based in a complaint lodged by one Daulat Rathod, the Bidkin police had registered a case of cheating and criminal breach of trust, and under relevant sections of the Maharashtra Protection of Interest of Depositors (in financial institutions) Act. The police had arrested key accused Santosh Rathod on January 21. The following day, he was produced before the court at Paithan and remanded in three-day police custody. On completion of his custody period, the court extended his custody by another seven days (till January 31).
Daulat Rathod claims to have invested Rs 33 lakh in the alleged Ponzi scheme. Of this amount, he had transferred Rs 19 lakh directly into the account to the accused.
During the probe, Santosh Rathod had revealed that some diaries, with records of the money received as investment, were kept with his friend Rajendra Pawar, who is a resident of the Satara area of Aurangabad city.
Goyal told TOI, “Many farmers, who had received large sums in compensation for the land acquired for the Delhi-Mumbai Industrial Corridor (DMIC) and Mumbai-Nagpur Samruddhi super expressway projects are the victims of…
The 30-30 scam pertains to an investment scheme that had allegedly promised a 30% monthly return on investment.
Based in a complaint lodged by one Daulat Rathod, the Bidkin police had registered a case of cheating and criminal breach of trust, and under relevant sections of the Maharashtra Protection of Interest of Depositors (in financial institutions) Act. The police had arrested key accused Santosh Rathod on January 21. The following day, he was produced before the court at Paithan and remanded in three-day police custody. On completion of his custody period, the court extended his custody by another seven days (till January 31).
Daulat Rathod claims to have invested Rs 33 lakh in the alleged Ponzi scheme. Of this amount, he had transferred Rs 19 lakh directly into the account to the accused.
During the probe, Santosh Rathod had revealed that some diaries, with records of the money received as investment, were kept with his friend Rajendra Pawar, who is a resident of the Satara area of Aurangabad city.
Goyal told TOI, “Many farmers, who had received large sums in compensation for the land acquired for the Delhi-Mumbai Industrial Corridor (DMIC) and Mumbai-Nagpur Samruddhi super expressway projects are the victims of…
