Pics: Ramesh Pandith
Daijiworld Media Network - Mangalore

Mangalore, Aug 25: A female agent of Vraksha Business Solutions Ltd, Mangalore on Monday August 25 lodged a complaint with the police commissioner stating that as an official agent, she collected money from various individuals according to the company's policy for investment, but now the company has betrayed her and her clients by not paying them back as promised.

The agent who identified herself as Pramodhini G Shetty of Jeppu wrote a complaint letter to the police commissioner, Mangalore division and submitted it through Tulunadu Rakshana Vedike. As the police commissioner was unavailable, the complaint was submitted to the deputy police commissioner.

The letter states that the agent collected nearly 8 lacs from many individuals and gave it to the company. Documents supporting this claim are in her possession, she stated in the letter.

The complaint further states that the company had promised to return the money by May 31. "When the complany failed to return the due amount on the promised date, we went to its office to demand the money, to which the company officials assured to pay by August 6 saying that they were facing financial hurdles. On that day, the company had collected the bank account numbers of investors and promised to return their money at the earliest. However, the company has failed to stand by its words," the letter further states.

The letter includes names of individuals who invested the money in the company along with the amount of money invested.

Sources said that not just Pramodhini, but many other agents and clients of the firm are facing the same ordeal.

Based on Pramodhini's complaint, Bunder police have lodged a case under sections 406, 417, 418, and 420 of IPC. Further investigations are on.

Attempts to reach the company officials failed, as the numbers listed in the company's website are either not existing or out of network coverage.