LUCC Scam: CBI will investigate the scam, Dhami government gave approval
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Approval has been given to transfer the cases registered in various states including Uttarakhand in cases related to fraud with investors by the directors of The Loni Urban Multi State Credit and Thrift (LUCC) Co-operative Society to the CBI.
2 lakh investors have been cheated of more than Rs 500 crore
Let us tell you that this society, allegedly linked to the Ministry of Cooperation, has cheated about 2 lakh investors of more than Rs 500 crore in the name of schemes like RD, FD and MIP. Cases have been registered against LUCC in seven districts of Uttarakhand.
CBI will investigate LUCC Scam
In most of the complaints, it has been said that the society took the investors into confidence by citing false documents and being associated with the Ministry of Cooperation and deposited the money. For a long time, angry investors and public representatives were pressuring the government to get the CBI investigation done. After which the government has handed over the investigation to the CBI.
