India, Feb. 10 -- Several investors from 17 districts across Maharashtra staged a protest outside the Thane police commissioner's office and the sessions court on Monday, alleging significant delay in Economic Offences Wing's (EOW's) investigation into the alleged Rs.1,100-crore fraud involving a firm, TWJ Associates, and demanding a more rigorous probe into the case.
The protesters claimed that nearly 11,000 investors were duped of Rs.1,100 crore, but the EOW has managed to recover only Rs.12 lakh in the six months since the case came to light. Accusing the agency of inaction, the investors sought intervention by the Enforcement Directorate (ED).
According to the investigating agency, TWJ lured investors by promising returns of up to f...
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