It's Season Of Scams In Jaipur In Connivance With Police

Jaipur, Dec 1: As scams one after the other tumbled out in Rajasthan leaving lakhs of investors stumped, the state police chief is now saying that he suspects the complicity of some senior police officials in the Gold Sukh and Eve Dreams scams.

In the Gold Sukh scam, over 1.75 lakh investors were duped of Rs 200 crores, and all the four directors of the firm have fled abroad, siphoning off money through the hawala route.

The scam took place not only in Jaipur, but was spread to 27 cities across the country, with Gold Sukh promising 150 per cent returns on investment within 18 months. They promised they were putting the investors' money in gold.

The Jaipur police is planning to seize three houses belonging to the absconding director Narendra Singh of Gold Sukh.

From: http://ping.fm/pP5Sx