Investors Allege Fraud: Company promised monthly income upto Rs
A couple has accused an investment company of fraud. In his complaint to the Chandigarh SSP, Partap Kumar, explained that the company offered them a monthly income of up to 4000 in return for a one-time investment of 2 lakh rupees.
They invested in November, 2011 but when they received no monthly return they confronted company officers who denied receiving any investment from them. The company, Glotera.com Private Limited, has an office in Mohali but is registered in Chandigarh.
The couple finally approached SSP Chandigarh and gave their complaint. They also filed their complaints to Mohali police but they stated nothing has been done so far.
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