The attached assets include movable (Fixed Deposits) and immovable assets acquired by Sameer Joshi, his companies/firms and his co-accused agents/accomplices. As per the chargesheets, a total of 1,267 investors were identified who were defrauded to the tune of Rs 105.05 crore approximately. The movable and immovable assets were situated in Margao and Nagpur, Amravati and Akola districts among other areas across Goa and Maharashtra. In the course of the investment activities, various commission agents were also employed by Shreesurya Group. These Commission agents accepted 3-7 per cent of commission on the investments done by the investors.

Source: The Herald June 07, 2024 01:36 UTC