Dabo club Nagpur Efforts to reopen the controversial Dabo Club, which was shut down for 45 days following the murder of two young men, have triggered strong anger and fear among the families of the victims. The incident took place in the early hours of December 26 last year during a Christmas party at Dabo Club. Pranav Ranavare (27) was allegedly killed after a minor dispute. His friend, Gaurav Karda (34), was badly injured in the same incident and later died during treatment. The Sonegaon police arrested six accused - Soumya Deshmukh, Mehul alias Monu Rahate, Rajiv Chawla, Abhay Jhamtani, Gappu Sharma and Tushar Nankani. All the accused are currently lodged in jail. The club is owned by Directors Devyani Vijay Wadettiwar, Karan Vikram Thakkar and Mohd Hamza Rayeen. It may be mentioned here that Dabo Club has a long history of complaints related to harassment and assaults. Police sources said repeated warnings were ignored by the management. During the investigation, it was found...
More than 2,000 investors had parked their money in the company after heavy returns promised by Wasankar
By Dheeraj FartodeAfter investigating all papers, which were seized from office of Wasankar Wealth Management Ltd, EoW sleuths believe that this controversial stockbroker’s liability towards his investors could be around Rs 200 crore, at least as per papers available with them. More than 2,000 investors had parked their money in the company after heavy returns promised by Wasankar, said EoW sources.
Infact, according to Wasankar’s own claim, more than 5000 investors had invested money through his company. By a very conservative estimate, the total money invested with the group is pegged at anywhere between Rs 1200 crores to Rs 2000 crores. Many big time investors who parked their surplus and in some cases unaccounted money with him, are not likely to stake claim for money lost, for obvious reasons.
The police had prepared a list of properties belonging to Wasankar and already had issued instructions to the registrar’s office to bar any transactions related to these assets. Wasankar was operating in the name of Wasankar Wealth Management and there is another entity, Wasankar Agro, in whose name some property has been purchased off Amravati Road.
A senior police officer informed that Wasankar had current accounts in Axis Bank, ICICI Bank, Indian Overseas Bank (IOB), HDFC Bank, and co-operatives banks. The sources further informed that every investor has parked minimum Rs 10 lakh in the company. It can be also mentioned that Wasankar had assured his investors that they would get their money back as per their plan after EoW had booked him for criminal breach of trust. However, the balance in the bank accounts, trading accounts and even properties is so pitiable that it is doubtful whether any investor will get anything after all the properties are put to auction or liquidated. The proceeds are distributed on pro-rata basis.
Comments
Post a Comment