New Delhi: The Central Bureau of Investigation on Thursday is reported as registering a case against Tviexpress.com, a Karol Bagh based company.
The agency booked the case on Wednesday against the company as well as its promoters- Tarun Trikha, Varun Trilha, Sikha Trikha, Shakti Sharad, Anoop Kumar, and Kabita Ganguly. The agency said that the case was booked on direction of a Supreme Court ruling that asked the agency to investigate cases related to chit fund companies.
The agency alleged that the promoters associated with Tviexpress.com defrauded investors to the tune of Rs 10,000 crores by promising double returns on investments within a year.
Charges of cheating, forgery and violation of SEBI guidelines among others have also been slapped on the promoters and Tviexpress.com.
It is reported that the West Bengal Police had registered an FIR in Murshidabad. It was alleged that the accused were engaged in the business of share trading, commodities trading, holiday package booking and air ticketing without any legal sanction or approval required under law.
The complainant had alleged they (Tviexpress) had collected money in the name of Pacific Royal Airlines. This amount, the complainant alleges had been siphoned and misappropriated to over Rs 10,000 crores of investors' funds. The company promimsed double returns on investments within a year, but never honored its commitments, alleged the complainant.