Rs 500 crore scam: EOW arrests three, over 11,000 investors cheated in Maharashtra
Thane (PTI): The Economic Offences Wing (EOW) has arrested a couple and their associate, who allegedly swindled more than 11,000 investors, including police officials, from across Maharashtra of over Rs 500 crore, police said on Saturday.
In a coordinated action, the Thane police's EOW tracked down the accused, Sameer Narvekar, his wife Neha, and their associate Amit Palaw, in neighbouring Gujarat on Thursday, an official said.
According to police, the accused established an investment company, Trade with Jazz, with its headquarters in Pune in 2019, offering a scheme that allegedly drew in more than 11,000 people, including 1,500 police personnel, from across Maharashtra.
The trio allegedly lured victims with promises of a 4 per cent monthly return on stock market trading and allied ventures, the official said, adding that the firm projected monthly earnings of nearly 10 per cent to build credibility.
The company abruptly shut its offices and stopped responding to investors, prompting a flood of police complaints, he said.
According to the initial probe, investors have been defrauded of around Rs 500 crore.
The official said that the EOW has also gathered information suggesting that several government officials and bureaucrats, some of them retired from service, had invested in the scheme.
The trio have been booked under the Maharashtra Protection of Interest of Depositors (MPID) Act, 1999, and sections 61(2)(criminal conspiracy) and 316(5) (criminal breach of trust) of the Bharatiya Nyaya Sanhita, 2023, he said.
The Thane EOW is examining bank accounts, financial documents and money flows linked to the accused, and further arrests are likely, the official said.
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Epstein files allege email claims about Bill Gates seeking antibiotics; foundation denies charges
Washington DC: fresh set of documents released as part of the Jeffrey Epstein files has triggered renewed attention after screenshots of alleged self-emails attributed to Epstein made claims involving Microsoft co-founder Bill Gates.
The screenshots, circulating online and reported by several outlets, purport to show Epstein writing to himself in July 2013, alleging that Gates had contracted a sexually transmitted disease during encounters with women described as “Russian girls” and had asked Epstein to arrange antibiotics to be given discreetly to his then wife, Melinda Gates. The documents also contain claims of personal disputes and alleged requests that Epstein delete certain emails.
The authenticity of the screenshots has not been independently verified. The allegations contained in them remain unsubstantiated and are disputed by context and prior public statements from Gates. There is no confirmation from official records that the claims are factual.
According to reports, the screenshots are part of a larger tranche of documents released by the United States Department of Justice, comprising hundreds of thousands of pages related to Epstein. Epstein, a convicted sex offender, died in a New York jail in 2019 while awaiting trial on federal sex trafficking charges.
The alleged email text includes Epstein expressing anger over Gates distancing himself from their relationship and claiming involvement in matters he described as morally or ethically inappropriate. The documents also reference marital tensions between Bill and Melinda Gates, though no independent evidence is provided to support the claims.
Bill Gates has previously acknowledged meeting Epstein and has said he regretted the association, while repeatedly denying any involvement in illegal or unethical activities. His philanthropic foundation has issued a strong denial in response to the latest claims, calling the allegations absurd and completely false.
Bill and Melinda Gates were married from 1994 until their divorce in 2021. Melinda Gates has publicly stated that Gates’s extramarital relationships and his association with Epstein were among the factors that led to the end of their marriage, without detailing specific allegations.
As with earlier Epstein-related disclosures, legal experts and media analysts have urged caution, noting that the presence of a name in released documents does not establish wrongdoing and that many claims in the material remain unproven.
