Company booked for duping depositors of crores

Moga, Sep 27 (UNI) Police have registered a case against a reputed finance company on alleged charges of comitting fraud of crore of rupees with depositors.

The case was registered against three directors of Diamond Finance company including Rajinder Singh, Harjit Singh Bedi and Amarjit Singh, all residents of Moga.

Police registered a case on the complaint of Gurmit Singh of Moga the DSP City found that more than three crore of at least one dozen depositors have been embezzled by the finance company directors. Further inivestigations was in progress to ascertain the exact amount.

While the two of the accused have already suspected to have fled to Canada, the third accused Jagjit Singh was also absconding and the police had launched a search for him, the sources said.

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