Fresh scam shocker in Belagavi: Investors allege Rs 165-crore fraud
3 Articles
3 Articles
There have been allegations in Belgaum that hundreds of crores of rupees have been defrauded by luring investors with high interest rates. The fraud was committed by Apex Biz Corp LLP, and the owners, Kashinath Waghmore and Ganesh Bhandari, have locked the office and fled. An FIR has been registered based on the complaint of the investor, and since more than 50 crores have been defrauded, the case will be transferred to the CID, said Belgaum Cit…
Another Alleged Investment Scam Surfaces In Belagavi; Apex Bizcorp Accused Of 165 Crore Fraud
After the Shivam Associates and Adityaraj Capital cases, another alleged investment scam has surfaced in Belagavi. Investors have accused Tilakwadi-based Apex Bizcorp LLP of cheating nearly ₹165 crore by promising 48% annual returns. On Monday, hundreds of investors staged a protest outside the DC office, alleging that over 3,500 people, including farmers and daily wage workers, were affected. They claimed the company collected investments start…
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