punjab

Updated: Oct 16, 2018 09:40 IST

Congress MLA from the Punjab’s Bhucho constituency, Pritam Singh Kotbhai, and six others have been booked for a chit fund scam on the complaint of an Uttarakhand woman.

In the case registered at Rudrapur in Shaheed Udham Singh Nagar district of Uttarakhand, the complainant, Armana Beghum, said the accused took money from her and more than 300 other people assuring them huge returns but never paid back.

The other accused are Amarjit Singh Cheema, Gurdip Singh, Yashpal and Anil alias Rattan, all from Bathinda, and Habib Ahmed and his wife Firdaus Jahan of Rudrapur.

As per the FIR, the accused had sought investments in the firms, GCA Marketing Pvt Ltd, and Fauna, which had offices in Rudrapur.

“When the investors did not get any returns within the stipulated period mentioned in the scheme, we approached the accused who refused to return our money,” the complainant said.

“The fraud runs into several crores. Pritam Singh used to hold meetings with investors convincing them to invest in these firms. I also attended one of the meetings he addressed. I had invested ₹20 lakh in the firms in several installments since 2010,” Armana told HT on phone from Rudrapur.

“Lodging an FIR has been a struggle for us. We were supposed to get the return in the mid-2016 as per the scheme,” she said.

Rudrapur station house officer (SHO) Kamlesh Bhatt told HT on phone, “The matter is under investigation. We are in the process of collecting evidence from the complainants. A police team visited the offices of these companies but they do not exist there anymore.”

‘Will proceed legally in case’

Pritam Singh said he will proceed legally in the case. “I do not have any connection with any such companies,” he said.

Whether he knew the other accused, he said, “We meet so many people during our election campaigns.”