Investors Protest Over Life Savings In Schemes After Navi Mumbai And Mumbai Offices Of Firm Found Locked


(MENAFN- Live Mint) Hundreds of investors on Monday protested after finding the office of an investment firm locked in Navi Mumbai amid allegations of a scam, Police said.

Many investors claimed they had invested their life savings in the company's schemes which promised them substantial returns over a decade.

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Protests erupted when several investors found the company's offices in Dadar, Mumbai, and Bhayandar in Thane district locked. A showroom of the firm in Mira Bhayandar area was also found shut since morning.

Navi Mumbai Police personnel reached the spot and dispersed the crowd.

Disclaimer: This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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Live Mint

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