Coimbatore: Special Court Under Tamil Nadu Protection Interest Depositors (in Financial Agency) ACT, 1997 on Thursday declared three Directors of Green Life Finance, who failed to appear before him, as proclaimed by violations.
Asmathkhan Ghori, 35 kovaipudur in Coimbatore , his brother M Amjathkhan Ghori, 36, from Golden Rock in Trichy and B Syed Mohamed Rafi, 35, from Trichy had started the company in Junction Lakshmi Mills in Coimbatore City in 2010.
The company promised six months in six months for RS 1 Lakh investment .
44 people invested Rs 81.85 lakh in them.
When he failed to return their money, investors submitted a complaint with a police violation of the Wing (EOW) of the police in Coimbatore in 2010.
Investigate Investigations revealed that seven people run the company.
The police registered a case against them and arrested six people.
Syed left escape.
Six people came out with conditional guarantees in 2012.
Meanwhile, the police submitted a Chargesheet against seven people.
After Asmathkhan and Amjathkhan failed to emerge before the TNPID court in 2015, the court issued a warrant that was not stretched with Asmathkhan, Amjathkhan and Syed.
On Thursday, Judge A R Ravi said they were proclaimed violators based on the 82 CRPC section.
The police will circulate the pamphlet and posters carrying trio photos in all districts.
Scam Green Life Finance: The Board of Directors Declares Proclating Offenders
