Pune Jeweler believes responsible for investor dupling

Pune: Pranav Marathe (26) Marathon jewelry at Laxmi Road was arrested on Thursday night and three family members were ordered on charges of Dupming Investor RS5.09 ​​Crore by failing to pay back on deposits.
The jewelry company has begun to collect deposits from people since January 14, 2017.
It experienced severe financial problems at the end of last year.
The economic wing of Police Pune (EOW) told a special court on Friday that 18 depositors had so far advanced with complaints related to their deposits with jewelry, ranging from RS4 Lakh and RS96 Lakh, in addition to large amounts of investment.
EOW has requested the provisions of Maharashtra’s protection of depositors’ interests (MPID) acting in the complaints submitted by Depository Shubhangi Kute (59) from PAUD Road on March 13, regardless of regular criminal charges of cheating, criminal violations of trust and similarity meant.
The US Assistant Inspector (EOW) of Gaikwad and his team produced Pranav before the Judge Court (MPID ACT) SS Gosavi, who ordered his custod detention until August 19.
Additional Public Prosecutor MB Wadekar, while moving a report on behalf of the police, has been looking for prisoners for 10 days.
On December 27 last year, Pranav’s father, Millind aka Balwant Marathe, shot himself dead in his office behind their main showroom at Laxmi Road.
Heavy financial losses, some are triggered by prolonged locking, and “harassment” by lenders for refunding their money allegedly the reason behind suicide.
In April this year, the police arrested a female lawyer on charges of reducing the suicide Millind Marathe.
The lawyer then fell on his death from the eighth floor of the Covid Care Center at Sassoon Hospital in a mysterious state.
Deputy Commissioner of Police (EOW) Bhagyashree Navtakke told Tii, “We arrested Pranaav as the first suspect in this case when he held a partnership of 20% in the investment scheme that floated by his company.
His name was in FIR registered in Kothrud police on March 11.
He Arrested after his role, based on documentary films and other evidence, it was revealed in the crime.
“The police previously presented a notification to Pranav who asked him to join their investigation, but he did not appear before EOW officials.
Its existence is unknown for some time when the police did not find it at his residence.
On Thursday night, he was arrested based on a tip-off.
Prosecutor Wadekar told the court that Pranaav Custodian Interrogation was very important to recover investor documents such as their acceptance and transactions, identifying bank accounts, to find out whether the Marate family has bought property that can be transferred and cannot be run after 2012 or invested in their companies and others .
Ring reports stated that Pranaav violated the terms and conditions of the Partnership agreement and Agreement Deed on July 1, 2014, and November 30, 2018.
He then left the partnership company.
Police have searched at the residence and Jewelry Store Erandawane, but cash and investor ornaments were not found, the report was read.