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13. The investigation so far conducted revealed that the petitioners company had swindled away several hundred crores of rupees by running this illegal deposit scheme under the camouflaged version of real estate business. The deposited amounts in these accounts are the proceeds of the crime and are liable to be freeze since the company has collected these amounts through their illegal business activities.
14. The case is still under investigation and the volume of fraud committed by the petitioners company is not fully ascertained and large number of people joined in the scheme of this company and is nothing but fraud scheme to induce people to part with their hard earned money. The PACL Company is thereby making a parallel economy and this will spoil the economic fabric of the country.