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A Village Burnt Overnight: Tears, Loss and Survival in Dhamangaon Blaze

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  Sitting amid the blackened remains of his home, 32-year-old Nikesh Gawali carefully broke open a half-melted plastic box with a screwdriver. His hands shook slightly, not out of fear, but out of hope. “I’m trying to find my daughter Aarti’s gold earrings,” he said quietly, still focused on the box. “She’s just five. I got them made recently after months of labour work.” The plastic box, warped and blackened by heat, was one of the few things left from his two-room house on the outskirts of Dhamangaon village . All around him lay ash, broken tin sheets and charred wooden beams. The walls had cracked under the heat and the front room’s tin roof had caved in completely. What remained was a blackened debris all around - almost nothing to suggest a home once stood there. Nikesh earns his living as an agricultural labourer, like many in the village. Work is uncertain and depends on the season. Those earrings weren’t just jewellery - they were a small dream, a reward for his hard work,...
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Prashant Wasankar, his brother and a Director arrested for duping investors

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Pathak along with 25 other investors had lodged a complaint with EoW for duping them to the tune of Rs 6 crore

By Dheeraj Fartode
At last the Economic Offences Wing (EoW) of Crime Branch on Sunday arrested Chairman of Wasankar Wealth Management Ltd Prashant Wasankar, his brother and Director of the company Vinay Wasankar and Director Abhijit Choudhary for allegedly duping gullible investors with crores of rupees. The accused are put behind bars of Ambazari police station and will be produced in the special MPID court on Monday, said Deputy Commissioner of Police (DCP EoW) Sunil Kolhe. 
Staff of EoW led by Police Inspector Sudhakar Dhane reached at Wasankar’s residence and arrested him. His brother Vinay and another director of the company Abhijit were arrested from their house at Cosmos town and Jaitala respectively. 
It may be mentioned that EoW had booked Chairman, Directors, Chief Executive Officer and three employees of Wasankar Wealth Management Ltd for allegedly duping investors of crores of rupees on May 8 on the basis of complaint lodged by Vivek Ashok Pathak (51), a resident of ‘Shubh Ashish,’ Plot No 84/B, Laxmi Nagar. 
Prashant Wasankar along with his brother Vinay and Director
Abhijit Choudhary after arrested by police on Sunday. 
Prashant Jaideo Wasankar along with Directors Bhagyashree Prashant Wasankar, Maithili Vinay Wasankar, Abhijit Jayant Choudhary, Kumud Choudhary, Chief Executive Officer (CEO) Vinay Jaideo Wasankar, employees Chandrakant Rai, Devdatta Kardaye and one Khapre were booked on charges of cheating, criminal breach of trust, criminal intimidation, criminal conspiracy and also under the provisions of the Maharashtra Protection of Interests of Depositors (In Financial Establishments) Act, 1999.
As per the complainant, Vivek Ashok Pathak (51), a resident of ‘Shubh Ashish,’ Plot No 84/B, Laxmi Nagar, accused chairman, directors, CEO and the employees of Wasankar Wealth Management collected Rs 2,74,36,000/- from him and also huge amount from other investors since 2008 by promising high returns. However, they failed to return the amount till date and defrauded them.
PI Dhane told ‘The Hitavada’ that Pathak along with 25 other investors had lodged a complaint with EoW for duping them to the tune of Rs 6 crore. 
EoW had already searched office of the Wasankar Wealth Management Ltd at 427, Wasankar House, Hill Road, Shivaji Nagar and the residential premises of Chairman Prashant Wasankar, his director wife Bhagyashree and other accused persons involved in the alleged fraud. The police had seized huge cash, incriminating documents, computer data, hard discs, property related documents, and details of the bank transactions and impounded passports of the accused. 
The company claimed of dealing in financial planning, earning ideas, stock broking, depository, portfolio advisory, fixed income, life & general insurance, and mutual fund. It accepted huge investments from people not only from Maharashtra but also from other states by promising them hefty returns.
On the basis of the complaint, an offence under Sections 420, 406, 506, 120 of the Indian Penal Code read with Section 3 of the Maharashtra Protection of Interests of Depositors (In Financial Establishments) Act was registered against the accused at Ambazari Police Station.
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