HBN company fraud victims threaten to launch agitation

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Seeking recovery from the directors of HBN chitfund company, the cheated investors held a meeting here at the Collectorate premises on Monday. They threatened to launch an agitation if they do not get their money back. In the meeting, the investors said that a number of victims had gone to the Delhi office of the company on January 22 and raised the demand to return their money. However, none of the Directors turned up to talk to them. Instead, the people visiting the Delhi office were ill treated, they stated.

The investors said that the company officials had informed them that the company owns shopping malls and other commercial buildings in Delhi, Indore and Raipur. They assured to return the money of the investors by selling these properties. They said that one of the Directors of the company had been arrested in Delhi and demanded that he should not be granted bail unless the company returns their money. They have also sought help from Raipur police in this regard.

It is worth mentioning that the company had offered shares and to double the investment in five years. Thousands of people had invested in the company which allegedly cheated them. Sources said that an under construction Mall of the company had been sealed in Raipur while SEBI had freezed the company’s accounts two years ago.

Daily Pioneer
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