New Delhi: A Delhi court on Monday fixed February 16 for considering the issue of taking cognisance of the charge sheet filed against Ullas Prabhakar and his wife, accused in the multi-crore Stock Guru scam case.
Additional Chief Metropolitan Magistrate (ACMM) Pulastya Pramachala, who had earlier slated the matter for Monday, kept the issue for the next date of hearing as none of the counsel had appeared.
Ullas and Raksha J Urs, presently in judicial custody, were arrested by the Economic Offences Wing (EoW) of Delhi Police on November 10, last year from Ratnagiri in Maharashtra for allegedly duping around two lakh investors from seven states of nearly Rs 500 crore by promising them high returns through their firm M/s Stock Guru India dealing in stock market.
The police said that 33-year-old Ullas from Nagpur in Maharashtra and 30-year-old Raksha alias Priyanka from Mysore allegedly assumed 14 different identities, seven each. They had posed as doctors, investors, businessmen and ran several fraudulent firms, it said.
The police said that till now it has received 14,303 complaints in Delhi but during investigation, it found that there were about 2,05,062 investors who had invested Rs 10,000 or more totalling an investment of about Rs 493 crore in M/s Stock Guru India.
It said a case was registered in 2010 but the duo managed to evade arrest by hiding in Moradabad, Dehradun, Alwar, Nagpur and Goa.
First Published: Monday, February 11, 2013, 18:27