Latest News | Four Booked for Cheating Farmers of Rs 21.6 Lakh in Palghar

Palghar, Jan 14 (PTI) An offence has been registered against the management of a company for allegedly duping four farmers of Rs 21.6 lakh in Maharashtra's Palghar district, police said on Sunday.

Based on a complaint, an offence was registered on Friday against the CEOs of Deepak Energy Conservation under section 420 (cheating) of the Indian Penal Code, an official said.

Also Read | JSSC Recruitment 2024: Application for 4919 Constable Posts to Begin from January 15 at jssc.nic.in, Know How to Apply.

The accused had allegedly lured the complainants to invest in various schemes of the company by promising them good returns, he said.

The farmers from Talasari taluka allegedly lost Rs. 21.66 lakh between January 2018 and March 2019, the official said.

Also Read | JEE Mains Exam 2024: Exam City Slip for Session 1 of Joint Entrance Examination for One Paper Released at jeemain.nta.ac.in, Know How To Download.

While no arrests have been made so far, the police are probing the financial transactions of the company, he said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)