The investors of AT Group, which started operation in 2008, alleged that the company allegedly cheated them of Rs 500 crore. The company had collected around Rs 200 crore from Baleswar and Brahmapur alone, the investors pointed out.
The investors lodged a complaint against firm’s CMD Pradip Sethi, the MD and other officials for allegedly duping the money. The investors also demanded their immediate arrest. Initially, the company provided attractive interest, but since July last year, it discontinued the offer. When the investors approached the company officials, they only assured to pay the money after November last.