Rajkot: Co-op society chairman amongst 3 booked for defrauding depositors

The Rajkot metropolis police on Friday booked the chairman, vice-chairman and supervisor of Shree Rameshwar Sharafi Mandali (SRSM), a co-operative credit score society, for allegedly defrauding 17 of its depositors to the tune of Rs 3.11 crore.
Based on a grievance filed by one Sanjay Sojitra, an offence was registered at Bhaktinagar police station towards SRSM chairman Sanjay Dudhatra, vice-chairman Gopal Raiyani and supervisor Vipul Vasoya.
Police mentioned that the office-bearers and workers of the credit score society have gone underground after committing fraud and locking their workplace in Shreemad Bhavan reverse Kanta Stri Vikas Gruh within the metropolis.
“Police commissioner Manoj Agarwal, joint police commissioner Khurshid Ahmed, deputy commissioner of police (zone-I) Pravin Kumar

Meena and assistant commissioner of police, HL Rathod listened to the victims’ plight and instructed to take strict motion… Accordingly, an offence has been registered towards the office-bearers of the society,” mentioned JD Zala, inspector of Bhaktinagar police station.
Police mentioned that the office-bearers and workers of the society used to lure depositors by promising them excessive curiosity by way of their recurring and stuck deposit schemes.