Jamu and Kashmir Police Department have committed fraud against Bollywood actor Shreyas Talpade and 14 others, allegedly defrauding villagers through the CHIT fund program. The defendant allegedly runs a company called “Loni Urban Multistate Credit and Thrift Cooperation Association Limited”. The company’s agents reportedly promised that villagers would double their investments in a short period of time.
Hundreds of people reportedly deposited the plan into the plan, and one day the company closed its business in the Mahoba district of Uttar Pradesh and fled the money. The case has been registered with the Srinagar Police Department and an investigation is underway.
“Basedless”
Actor Shreyas Talpade’s team issued a formal statement that strongly denied the reports, declaring the actor’s involvement in any fraud or misconduct as “totally false and unfounded.” “It is hard to regret that the reputation a person has won seems susceptible to unfounded rumors. Recent reports accusing Mr. Shreyas Talpade of participating in fraud or misconduct is totally false. He will participate as much as possible.”
