5 people arrested in Uttarakhand for embezzling Rs 189 crore, forming a fake cooperative society and sending the money abroad

Pauri police has arrested five people who cheated crores of rupees in Uttarakhand in the name of a fake cooperative society. Police suspect that the accused have committed similar fraud outside Uttarakhand as well, which the police is investigating. Police investigation has also revealed that the money cheated from the general public is being sent abroad for hawala. Pauri Garhwal SSP Lokeshwar Singh revealed the whole matter.

Know how the fraud was exposed

Police said that Kotdwar resident Tripti Negi had filed a complaint against the manager Vineet Singh and cashier Pragya Rawat of THE LONI URBAN MULTI STATE CREDIT & TREFT CO-OPRATIVE SOCIETY (LUCC) branch Dugdda. Tripti Negi said that the manager and cashier have taken money from the plaintiff in the name of opening an RD, but have neither given her any bond nor deposited her money. In this way, both of them have cheated her.

Special team investigated the case

The police registered a case on the complaint of the victim and started investigating the case. On the instructions of Pauri SSP, an investigation team was formed under the chairmanship of Additional Superintendent of Police Kotdwar. During the investigation, the team came to know that Girish Chandra Singh Bisht (GCS Bisht), resident of Meera Nagar Birbhadra Rishikesh, opened a branch of LUCC company/ society in IDPL Rishikesh in the year 2016 and made people invest their money in LUCC by luring them with huge profits.

The game started from Rishikesh spread across the state

Police investigation revealed that in the same way GCS Bisht opened about 35 branches of LUCC in Uttarakhand. These include Dugdda, Kotdwar, Satpuli, Srinagar in Pauri district. Branches were also opened in Dehradun, Rudraprayag, Chamoli, Uttarkashi, Tehri etc.