A court-directed FIR has been registered in Uttar Pradesh’s Saharanpur district in connection with an alleged ₹25.94 lakh investment fraud. Mirzapur Police have booked a couple on charges of cheating, criminal intimidation, and other relevant offences. The accused allegedly posed as representatives of a private company and persuaded the complainant and several others to invest in recurring deposit (RD) and fixed deposit (FD) schemes by promising that their investments would double or triple within six years. However, after the maturity period, the money was allegedly not returned.
According to the complaint, Mahendra Singh, a resident of Kasampur Majra Padli village under Mirzapur police station limits, approached the Court of the Judicial Magistrate-II. He alleged that he met Pawandeep and his wife Sandeepa at a relative’s residence, where they introduced themselves as representatives of Mounttouch Sales India Limited. They allegedly showed company letterheads and other documents and assured him that investments made under the company’s RD and FD schemes would grow two to three times within six years.
The complainant alleged that, relying on these assurances, he invested ₹3,81,624 in multiple instalments. In return, he received investment certificates and receipts. After the schemes matured, however, the accused allegedly avoided him. Their phones became unreachable, and the company’s office was found closed when he attempted to recover his money.
Mahendra Singh further alleged that when he visited the accused to demand repayment, they denied owing him any money. He also claimed that they threatened to implicate him in false criminal cases and issued threats against him and his family if he continued pursuing the matter.
The complaint further states that the accused allegedly convinced several of the complainant’s relatives and acquaintances to invest in similar schemes. According to the complaint, they collected ₹22,13,000 from these investors. Together with Mahendra Singh’s investment, the total amount allegedly collected through the schemes was ₹25,94,624, which was allegedly misappropriated using fraudulent documents.
The complainant stated that he initially approached Mirzapur Police, but no action was taken. He then sent a written complaint by registered post to the Senior Superintendent of Police, Saharanpur, on May 12, 2026, but alleged that no action followed. He subsequently approached the court seeking legal intervention.
Acting on the court’s directions, Mirzapur Police have registered an FIR against the two named accused and initiated an investigation. Police are examining investment certificates, receipts, company-related documents, banking transactions, and other evidence to verify the allegations and trace the movement of the allegedly defrauded funds.
