Lucknow. The Central Bureau of Investigation (CBI) has filed an FIR against nine people, including former Trinamool Congress (TMC) Rajya Sabha member KD Singh and his son Karandeep Singh, for cheating them by offering returns up to 10 times on their investments in chit fund companies. has registered. The CBI on Tuesday raided at about 12 places of the accused in seven states including Uttar Pradesh, Delhi, Haryana, Chandigarh, Bihar, Punjab and recovered the necessary documents.
The CBI has registered a case of cheating people by cheating people of about Rs 100 crore in the companies of KD Singh and his son Alchemist Infra Reality Limited and Alchemist Township Limited on the request of the Uttar Pradesh government at the Anti Corruption Bureau in Lucknow. In this case, Azamgarh Police has already registered an FIR on 21 September 2021.
CBI has taken over the investigation of the case from Azamgarh Police. In this, an FIR was registered on the complaint of Vijay Kumar Chauhan, a resident of Azamgarh. He had alleged that funds invested by him and others in KD Singh’s companies were fraudulent and misappropriated.
They allege that they were made false promises of doubling in six years, tripling in nine years and 10 times in a period of 16 years. Investors have not even got their money back. The state government had demanded a CBI inquiry in this case from the central government in September 2021 itself.
The Department of Personnel and Training (DoPT) handed over the case to the CBI on June 28 this year. Now CBI has started investigation by registering an FIR in Lucknow. CBI has re-registered the FIR of Azamgarh Police against KD Singh, his son Karandeep Singh, Satendra Singh, VM Mahajan, CM Jolly, Krishna Kabir, Sucheta Khemkar, Chandrashekhar Chauhan and Sushil Kumar Rai.