Ghaziabad, Feb 09: The Economic Offences Wing has raided various premises in Ghaziabad, Meerut and Bagpat during the last four days in an attempt to nab the directors of Kuber Finance Company that allegedly disappeared from the market after collecting over Rs 10 crore, official sources said. The sources claimed that hundreds of FIRs were lodged in police stations against the directors, who they said have been absconding for over two years since the company disappeared.
They alleged that the company allured the public with fixed deposits at a higher rate of interest and issued fixed deposit certificates which could not be encashed at the due date.
Bureau Report