Udupi: A case has been registered in Udupi District against the IMA Group of Companies who have been involved in an alleged cheating fraud and multi-crore financial scam.
This is reportedly the first case registered against the company in Udupi District.
The complainant has been identified as S K Nahida (30), a resident of Kemannu. In her complaint she stated that she was cheated by the company when she invested in IMA Credit Co-Op Society which promised a return of 3.1% interest on her investment.
READ ALSO: APCR Karnataka offers legal aid to IMA investors for recovery of invested amount
She further states that she invested Rs. 50,000 in December last year along with the share amount of Rs. 1000. She also possess a passbook and certificate of the company.
Initially, Nahida reports that she received her interest returns for the month of January and February this year followed by which the company stopped giving her returns to her.
Following her complaint Udupi Police has registered case under section 406 and 420 of IPC. The case is being investigated by an SIT which has received more than 25,000 complaint in the case so far.
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Wayanad(Kerala) (PTI): Congress MP Priyanka Gandhi Vadra on Friday took part in various official and outreach programmes, including inaugurating a health laboratory, in her Lok Sabha constituency.
Vadra, who is in Kerala on a three-day visit, inaugurated a health laboratory in Malappuram that was set up by the Kalikavu Service Cooperative Bank.
Later in the day, she interacted with potters at Nilambur, held a meeting with the Kerala Nadvathul Mujahideen (KNM) state president T P Abdullah Koya Madani at Edavanna and met locals at Wayanad Churam (tunnel) bypass road at Chippilithode.
Kerala Nadvathul Mujahideen (KNM) is an Islamic reformist organisation.
The pottery workers, who presented Vadra with several gifts made by them, told the Congress MP about the difficulties faced by them in their profession.
She assured them that she will work on their issues.
Regarding the Wayanad Churam bypass road, the Congress MP told the people that she has already spoken to the Union Road Transport Minister Nitin Gadkari who has constituted a committee for a study to explore what is possible here and what is not.
She said that she will request for expediting the process.
