Nagpur Finance Company Director Flees After Cheating 528 Investors of Rs 65 Lakh

A financial fraud case has come to light in Nagpur, where the directors of a finance company, 'Shri Ganesh Finance', cheated 528 investors of approximately Rs 65 lakh and fled. The company, operating in the Buddhanan area of Nagpur, had been collecting money from investors by promising monthly or yearly returns. However, as the company's financial situation deteriorated, the directors cut off contact with the investors and secretly fled. Many of the investors are senior citizens and middle-class families who had invested their life savings in the company. The total number of affected investors is 528, and the total amount cheated is approximately Rs 65 lakh. The police have registered an FIR at the Buddhanan police station and begun an investigation. They are trying to arrest the directors and are questioning the company's family members and other senior officials. Many of the cheated investors are in a state of panic, having lost their life savings. Some investors had even sold their homes to invest in the company and are now facing financial difficulties. Local social service organizations and investor protection associations have expressed concern over the case and are demanding that the government take action to ensure justice for the investors.