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Archive for February 28, 2008

Firm dupes investors

TOI : PUNE: The economic offences wing (EOW) of the Pune police have booked Sigma Auto Link Private Limited — a company working out of Aurora Towers — for cheating its investors between June and August 2007 on lines of the infamous Unique Fincorp case.

In June 2007, Sigma Auto had placed advertisements in leading newspaper asking people to invest in their scheme. The company had professed its intent to purchase cars, hire it out and the money earned would be disbursed as returns to investors.

Unique Fincorp, based in the Chatushringi area, had similarly asked people to chip in money. During the investigations, the EOW had recovered over Rs 7.5 crore from the company.

Deputy commissioner of police (EOW) Sunil Phulari said the company has duped investors by giving assurances on the lines of Unique Fincorp. “A case has been registered against the Sigma Auto. Their office representatives have shut shop and fled from the city,” he said.

The case came to light when Deepak Jhubarlal Dhunamat (51) of Mukundnagar, who had invested Rs 6.40 lakh on his and his wife’s name, complained to the police.

Dhunamat had also convinced three other friends to invest Rs 7.52 lakh in the company. Failing to receive the promised monthly instalments, they went to the office and found it locked. The complainant then approached the EOW and a case of cheating was filed registered at the Cantonment police station. The police have booked Rakesh and Soniya Rajput from Thane along with Pawar, Arun and Nawab (full name and address not known) in connection with the case.

It has been learnt that Sigma Auto had assured various alternatives to its investors. The promise was that if an individual put in Rs 1.55 lakh, a return of Rs 8,000 per month would be given for 60 months. After this…More

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Childless man kills wife, self

TOI : PUNE: A man hanged himself after killing his wife at Bhosari on Tuesday night. The couple was childless and was married for 25 years.

Hardware shop owner Jaykumar Horne (48) and his wife Lata (42) were staying with Horne’s father near Hutatma chowk on Alandi road. His brothers also stayed in the neighbourhood vicinity. On Wednesday morning, when the couple did not come out of their room till 9 am, Horne’s father became suspicious and called his other sons. They found Horne’s body hanging from ceiling, while his wife’s head was smashed with a hammer.

Bhosari police said Horne was frustrated at not having a child. The couple left a suicide note saying that they are solely responsible for the act.

A case has been registered and further investigations are on. Print Save EMail Write to Editor Get personalised news s…More

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665 rickshaw stands get RTA nod

TOI : PUNE: Around 665 auto rickshaw stands in Pune received in-principal approval from the Regional Transport Authority (RTA) here on Monday. The RTA has called for further suggestions and clearance to this approval from departments like the police, the Pune Municipal Corporation and the Pimpri-Chinchwad Municipal Corporation.

“Places for stands will be finalised considering the suggestions received from these government bodies. The suggestions are expected in the next 15 days. All stands will have an authorised board from the RTA, displaying the registration number of the stand and the number of auto rickshaws to be accommodated at a particular stand.” The decision over the hike in the current tariff structure of auto rickshaws, however, was postponed.

A decision over this is expected in the first week of March. This was revealed by Nitin Karir, RTA president, after a meeting on Monday. He said that a decision over a tariff hike would be taken only after considering various factors like the previous hike, changes in petrol prices and the hike proposed in Thane and Mumbai. Print Save EMail Write to Editor Get personalised news s…More

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Cheats dupe one more with fake gold

TOI : PUNE: Following the incident where a ration-shop owner helped the police nab three conmen in Hadapsar, a shop owner in Sadashiv Peth has also filed a complaint against one of the arrested.

Shaam Bansilal Mundada, owner of Match In Style in Sadashiv Peth, said Radha alias Laxmi Hari Solankhi (52) had come to his shop and told him of her gold ornaments, which she would sell to him at a cheap rate. On January 21, Mundada paid Rs 2.5 lakh for the ornaments which, he later found, were made of brass.

PSI A.S. Mulani, who is investigating the case, said, “Mundada read about the conmen’s arrests and since the modus operandi matched, he went to the Hadapsar police and identified the woman who was in custody.”
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Ban on poultry lifted

TOI : PUNE: Except for imports from West Bengal, the state government’s ban on import of poultry products and feed from outside Maharashtra has now been revoked.

This was in response to the objection expressed by the Union agriculture minister Sharad Pawar. The ban had been clamped due to the outbreak of avian flu H1N5 in West Bengal.

“We have issued the required notification to all authorities concerned, asking them to allow the entry of poultry products from outside the state,” confirmed Ashish Sharma, commissioner, animal husbandry department.

According to Pawar, the ban would have had an adverse effect on the Indian poultry industry, especially in Andhra Pradesh which supplies over 40 per cent of its poultry products to Maharashtra. The measures had been put in place to avoid a repeat of the avian flu epidemic that had spread in the state in 2006.

Maharashtra’s poultry industry is concentrated in the districts of Pune, Nashik, Raigad, Ahmednagar, Sangli and Jalgaon. There are, according to official data available, around 40 million live poultry birds. Officials from the animal husbandry department had sealed all borders of the state to stop the import of poultry products and feed. A rapid response team (RRT), comprising 885 members, had been on high alert since the first week of February to avert any crisis. Print Save EMail Write to Editor Get personalised news s…More

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