Chhatrapati Sambhajinagar : The chairman and manager of a cooperative credit society in Osmanpura have been booked for allegedly withholding a depositor’s fixed deposits worth Rs 10 lakh despite the deposits having matured.
The case was registered at Osmanpura police station following a complaint by Abhijit Sureshrao Waghmare (31), a resident of Harsul. Waghmare invested in multiple fixed deposits at Shri Swami Narendra Urban Co-operative Credit Society in Dashmesh Nagar between 2023 and 2025, according to the complaint. Police said that after the deposits matured, the society paid the interest amount but allegedly failed to return the principal sum of Rs 10 lakh.
Waghmare alleged that despite repeated follow-ups, the two office-bearers did not refund his deposited money, forcing him to approach the police.
Stay updated with the latest Chhatrapati Sambhajinagar news. Based on the complaint, police registered a case of alleged financial fraud against the chairman and manager. A sub-inspector-rank officer is carrying out further investigation. Download the TOI App.