Dehradun: The government has come into action regarding Uttarakhand’s biggest fraud LUCC chit fund scam. The government has expedited the process of handing over the investigation of the case to the CBI. So that the LUCC chit fund scam can be investigated in a better way and the public’s money can be returned. In Uttarakhand, 15 cases have been registered against the LUCC chit fund company in different districts, which was being investigated by the CID till now. But now the CBI will investigate it.
IG Garhwal Rajiv Swaroop held a press conference regarding Loni Urban Multi-State Credit and Thrift Cooperative Society (LUCC) and said that LUCC was a cooperative society, which offered financial services to the general public in various states, especially Uttarakhand and Uttar Pradesh. The committee lured thousands of investors with high returns like doubling the money in 4 to 5 years.
15 cases registered in Uttarakhand: The then director of the society, Manvendra Dwivedi, opened 35 branches illegally at different places without permission from the Central Registrar of Cooperative Societies. Thousands of investors deposited their money in the branches opened in Uttarakhand. After some time, investors complained that the company did not return their money even after maturity. The managers of the society etc. are all absconding. After that, a total of 15 cases were registered against the cooperative society in different districts of Uttarakhand on different complaints. In which a total of 20 accused have been named. During the investigation, it was found that 5 cases have also been registered against the society in Uttar Pradesh and Madhya Pradesh.
Sameer Agarwal, a resident of Mumbai, had established the society. Sameer Agarwal had formed a total of 6 societies
1. LUCC’s area of work Uttar Pradesh, Uttarakhand, Haryana
2. LJCC’s area of work Madhya Pradesh
3. SSV- Area of work Maharashtra
4. SS- Area of work Gujarat, Rajasthan
5. For Human Area of work- Bihar, Haryana
6. Vishwas Area of work Punjab
92 crore scam: The society in Uttarakhand was run by Urmila Bisht and Jagmohan Bisht. Also, 12 accused have been arrested and summoned on warrant B. It has come to light that the main accused Sameer Agarwal is currently in Dubai. In Uttarakhand, the society has defrauded investors’ money by committing fraud of about Rs 92 crore.
CM approved: IG Garhwal Rajiv Swaroop said that in view of the cases registered in Uttarakhand, Uttar Pradesh, Madhya Pradesh and the society’s agencies being in other states, the Chief Minister himself took cognizance of all the cases. After taking complete information from the senior officials of the government and police, talks were held at various levels in the central government to get all the cases registered against the society investigated by the CBI. In this sequence, the Uttarakhand government has written a letter to the Home Ministry of the Government of India to get all the cases investigated by the CBI.
