Rajkot: Passing of a collection representative for Gondal Mercantile Cooperative Society (GMCS) at Gondal city of Rajkot has discovered what may be scam of lakhs of rupees of shareholders, largely everyday wagers.According to authorities, after set representative of GMCS, Ketan Bhalala, flocked into Covid-19 per month past, feared daily investors flocked into the lender to inquire regarding their deposits.
But much to the horror, the bank officials denied using any deposits produced from deceased Bhalala.
“On Thursday evening, lots of folks who have been investing their everyday savings Ketan Bhalala to the lender came into us and wanted a probe inside this situation.
It appears that a lot of individuals were investing their cash by Bhalala who had been a bank broker.
To have an idea of who siphoned off the cash, we’ll also question that the bank supervisor who should have understanding of the sum,” Sanjaysinh Jadeja, police inspector, Gondal city told TOI.
Jadeja, nevertheless, refused to disclose how much money was lost by shareholders stating it would be tricky to speculate that the quantity of hand until all people who lost their investments strategy the authorities with complaints.