Mumbai: Bollywood Actors Shreyas Talpade, Alok Nath And 11 Others Booked In Fraud Case; Read Details Here

Bollywood actors Shreyas Talpade and Alok Nath have been implicated in a legal case involving allegations of cheating and criminal breach of trust. The FIR was filed on January 22 at the Murthal police station in Haryana. These actors are among 13 individuals accused under Sections 316(2), 318(2), and 318(4) of the Bharatiya Nyaya Sanhita (BNS) for offences like deceptive property transfer, cheating, and criminal breach of trust.

The complaint was lodged by Vipul Antil, a resident of Sonipat, who accused the Human Welfare Credit Cooperative Society of fraudulent activities. This society, registered in Indore under the Multi-State Cooperative Society Act, 2002, has been operational in several states including Haryana since September 16, 2016. It allegedly introduced fixed deposit (FD) and recurring deposit (RD) schemes with promises of high returns.

Allegations Against the Society

Antil claimed that the society used a multi-level marketing model to lure investors by offering agents attractive incentives for recruiting more investors. He alleged that the society assured investors their funds were secure and maturity payments would be timely. However, it reportedly stopped agent incentives and delayed investor payments.

The society's head office in Haryana was located in Mahendragarh, with over 250 service centers or 'suvidha kendras' across the state for money deposits. In some cities, it provided services like ambulance units and mobile ATM vans. The society also hosted social events at luxury hotels under the guise of 'training' programs to attract investors.

Investors' Plight

According to Antil, after stopping agent incentives, matured payment delays followed. Eventually, owners became unreachable as phones were switched off and offices locked. When investors contacted remaining society members, they received false reassurances about their investments.

Antil revealed he had invested ₹33 lakh as an FD with the society while his brother Amit managed a 'suvidha kendra' where over ₹4 crore from family members was deposited. Now these family members are seeking to recover their money.

Police Investigation

Ajeet Singh, additional commissioner of police (ACP), Murthal stated that the main complaint targets the society for duping people into investing. He confirmed that any involvement by Shreyas Talpade and Alok Nath would be investigated thoroughly.