JAMMU, Oct. 5 -- The Economic Offences Wing (EOW) of Crime Branch Jammu has produced a charge sheet before the Hon'ble Court of Additional Munsiff JMIC, Samba, against three accused persons in FIR No. 73/2016 U/S 420 and 120-B RPC Police Station Samba concerning a multi-lakh financial fraud. The accused are Rajesh Kumar Rai, Managing Director; Manoj Kumar, Area/Branch Manager; and Vikram Singh, Assistant Branch Manager, associated with M/s Metropolitan Finance Ltd., M/s Mansar Finance Ltd. and Vaibhav Pariwar India Projects Ltd.
Investigation Led by Inspector Taranjeet Singh revealed that the accused allegedly induced residents of Samba to invest their hard-earned money in schemes promising lucrative returns, including Compulsory Convertib...