Chitradurga : Hiriyur city police have registered a cheating case against the secretary of Kalpavruksha Rural Development Co-operative Society following allegations of financial fraud involving several depositors.
Devaraj, 63, a resident of JK Garden on Lakkavvanahalli Road in Hiriyur, who alleged that the society’s secretary collected Rs 35 lakh from him and failed to repay the amount. Devaraj also alleged that another depositor, Bhanuprakash, had paid Rs 20 lakh to the secretary and was yet to get the money back. In addition, 12 other people who were allegedly cheated have been named in the complaint.
The secretary had issued two cheques and claimed that Rs 80 lakh was due to him for NGO-related work in Mysuru, according to the complaint. The complaint was lodged by G. He allegedly assured Devaraj that the money would be repaid once he received the pending amount. However, despite repeated requests, the repayment never materialised. The complainant further alleged that the secretary recently switched off his mobile phone, raising concerns among depositors about recovering their money. The complaint further stated that the co-operative society had opened savings and pigmy deposit accounts in its name and collected substantial deposits from hundreds of people.
Based on the complaint, Hiriyur city police have registered a case against the secretary of the society and launched an investigation into the allegations. Stay updated with the latest Hubballi news.
Inspector Mohammed Siraj of Hiriyur city police station said the case has been registered and the matter is under investigation. He added that the allegations made in the complaint are yet to be established through the probe. Download the TOI App.