Vadodara: A businessman who lives in Karelibaug was cheated by Rs 1.25 Crore by a jewelry company from the same area.
Rajkumar Jain, who in the catering business and labor supply, filed a complaint against the owner of the company Nimesh Soni, Nilesh Soni and their father Nandlal Soni at the DCB police station on Friday.
The number of trio offers partnerships in their business by asking him to invest Rs 2 Crore in 2013.
They took money from him but did not give him the share of profits as promised and flee in April after lifting their business.
In his complaint stated that he became acquainted with the trio.
When he used to buy jewelry from them since 2010.
In 2013, when they offered him a partnership because they wanted to buy a jewelry making machine, Jain agreed.
Between 2013 and 2018, Jain provided payments accused of total Rs 1.25 Crore.
Every time he used to ask for his benefit, Nilesh told him to invest the entire RS 2 Crore.
Jain then asked for written evidence from the 1.25 Crore Rs investment, after which nilesh was the same on the company’s letterhead.
Nilesh also gave Jain Four check as a guarantee.
In the past three years every time Jain demands the money back the defendant continues to be opposite.
On April 22, when Jain went to their store, he knew that they had closed their business and escaped.
When their cellphone was also turned off, Jain decided to approach the police.
The owner of the Bizman dupe jewelry company from RS 1.25CR
