Crime Branch Jammu produced charge-sheet against accused viz Mohinder Paul Sharma S/O Late Tara Chand R/O Village Surjan Chaloge Tehsil Bani District Kathua A/P Near Sain Baba Pulli Lower Roop Nagar Muthi Jammu in case FIR No. 02/2019 U/S 420 & 421/RPC P/S Crime Branch Jammu for impersonating as Regional Head of Kotak Securities before the gullible people and unemployed youth and duping them of their money to the tune of Rs 3. 80 Lacs on the pretext of employing people and investing in Kotak Securities. The charge-sheet was produced in the Hon’ble Court of Railway Magistrate, Jammu.
The case owes its origin to a written complaint lodged by Dr. Sham Sunder Gupta (Rtd) S/O Late Amar Nath Gupta R/O House No. 246 Near Sanjay Chowk Shastri Nagar Jammu, with Crime Branch Jammu to the effect that the accused who was known to him worked in LIC and PNB MetLife visited his home in 2017 and told him that he had become Regional Manager Kotak Securities Delhi and handled Northern States. After some days he again visited complainants residence and told him that Kotak securities is opening its area office and branches in Jammu and requested him for letting his house on rent for the said office for 25,000/- per month and also offered him post of Area Manager of Kotak securities Jammu at a salary at Rs. 25,000/- per month and told him that both rent and salary would come in his account from Head Office of Kotak Securities Mumbai. In the month of July 2017, the said accused told him that as there is presently no base of Kotak Securities in Jammu so he has to collect Rs. 50,000/- initially and then Rs. 2,50,000/- on behalf of Kotak securities to increase the base of Kotak Securities at Jammu. On the assurance of these aspects the complaint transferred an amount of Rs. 3,20,000/- in the given accounts of accused Mohinder Paul Sharma. In the meanwhile the said accused opened office at his residence on 1st floor and started recruiting staff and Branch Managers on behalf of Kotak securities by giving advertisements in local newspapers and thereafter selected one Mrs. BasantiKoul as Branch Manager on monthly salary of Rs. 15,000/- per month and three other lady employees as Assistants on monthly salary of Rs. 6,000/- per month. The said accused also collected Rs. 60,000/- from Basanti Koul. Later he came to know from Kotak Security Bahu Plaza Jammu that there is no other office of Kotak Securities in Jammu and they don’t know about Mohinder Paul Sharma. Thereafter he contacted accused Mohinder Paul and demanded his money back. The accused gave him and Basanti Koul post-dated cheques which were dishonored by the concerned banks. The said accused started dilly dallying and later blocked his phone number.
On receipt of the complaint a preliminary verification was initiated by Crime Branch Jammu and during the course of enquiry allegations were prima-facie substantiated. Accordingly the instant case was registered in Crime Branch Jammu under the relevant sections of law for in-depth investigation. During the course of investigation both oral as well as documentary evidence was collected and the accused was arrested and offences are fully established against him.
