ADCP’s son among 3 booked for fraud in Jalandhar

Tribune News Service

Jalandhar, August 31

The police have booked the son of ADCP Harvinder Singh Dalli, and two others for committing fraud, cheating and misappropriating funds here. The accused have been identified as Charanpreet Singh Dalli, a resident of Bhogpur, Amit Talwad, a resident of Radio Colony, and Manoj Kumar Madhukar, a resident of Zirakpur.

They had reportedly taken Rs 2.24 crore from the complainants — Rashpal Singh Sachdeva, a resident of Guru Gobind Singh Nagar, his partner Jaswinder Singh, resident of Leeview Green Apartment, Mithapur Road, and Mehakpreet Singh, a resident of Green Model Town — in return for refundable investment and sale of stake in the company, but they used it for their personal use.

The investigation of the matter was allegedly first suppressed by the Commissionerate Police. As the case was reported to higher officials in Chandigarh, a case under Sections 406, 420 and 120-B, IPC, has been registered against them.

The complainants have also blamed the local police for not taking appropriate action against the culprits for the past two years.

“The accused filed false complaints against us through their partners to put pressure on us for not filing a case against them. They are deliberately pressurising us not to make any complaints against them and the police are also not acting on our complaints.

“It is, therefore, requested to transfer the case and take appropriate action against the accused. We also want the case to be probed by some other higher authorities other than the Jalandhar (city) police,” said Rashpal Singh Sachdeva, in his appeal to the state police department.

The complainants alleged that despite making complaints against the accused, the police were not taking any action against them. Rather they were favouring them in the enquiries and had been pressurising us to withdraw the complaints. They also threatened to implicate us in false criminal cases,” added the complainants.

Business deal goes sour?

  • In August 2018, Charanpreet Singh Dalli of Neuvo Hospitality Pvt Ltd duped the applicant and his partners — Mahakpreet Singh and Jaswinder Singh — to invest in the business of restaurants and hospitality and they promised that they would execute the legal document that the letter of intent, investment agreement and represented that the said amount invested by the applicant will be utilised for extending the business and they would give huge profits which would later be distributed among the investors by way of an investment agreement
  • As per the investment agreement, a sum of Rs1.20 crore was invested by the complainants by way of transfers in the bank accounts and Rs80 lakh towards an immovable plot and the accused persons agreed that they would return 12% per annum interest and 6% of the total sale. They agreed to return the same in November 2018 onwards
  • Subsequently, the amount of Rs1.004 crore was again invested by the applicants in their business with the same assurances made by them that the huge profits would be delivered to them. In total, they had taken Rs3.04 crore through investments and out of the said amount Rs1.68 lakh was returned in instalments deposited in the bank account and the remaining amount had not been paid till date

ADCP’s son among 3 booked for fraud in Jalandhar
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