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Investors cheated of crores
New Delhi, May 14
A Haryana-born school dropout who launched several business ventures, including departmental stores and newspapers, was arrested by the Delhi Police for allegedly cheating investors out of Rs 1,000 crore by floating companies across the country.
CON ARTIST IN NET: The Delhi Police Crime Branch arrested Vijay Kumar Sharma (M), chairman, JVG Group of Industries, for cheating depositors across the country, in New Delhi on Tuesday CON ARTIST IN NET: The Delhi Police Crime Branch arrested Vijay Kumar Sharma (M), chairman, JVG Group of Industries, for cheating depositors across the country, in New Delhi on Tuesday. Tribune photo

Boy’s eardrum ruptured as teacher slaps him
New Delhi, May 14
An 11-year-old boy’s eardrum was ruptured after a teacher slapped him in the school in Outer Delhi’s Kanjhawala locality on Monday. The boy named Shahil is a resident of Bakkarwala Village in Kanjhawala and studies in the Ganga International Public School.


EARLIER STORIES



Need to create safe environment for women: Sonia
New Delhi, May 14
The UPA chairperson Sonia Gandhi today expressed her concern over violence against women and asked people create a safe environment for them. Laying the foundation stone of a girls’ hostel at Jamia Millia Islamia today, she said, “We have been shocked by the violence that girls and women encounter on the streets and even at homes.

SDMC to give education to refugees’ kids
New Delhi, May 14
The South Delhi Municipal Corporation has decided to provide primary education to the children of Pakistan refugees. It was announced by the Chairman, Standing Committee, Rajesh Gehlot, during a visit to Pakistan Refugee Camp in the Bijwasan area of Najafgarh zone.

Safdarjung docs go on mass leave
New Delhi, May 14
Accusing the administration of going back on their promises to provide better facilities, resident doctors of Safdarjung Hospital here launched a ‘non- cooperation movement’ by going on mass leave for an indefinite period from this evening.

Airport Metro offers discounted family fares
New Delhi, May 14
Delhi Airport Metro has come up with discounts ranging from Rs 20 to Rs 80 per ticket for commuters travelling with their families or in groups of two or more. Delhi Airport Metro Express Private Limited today announced the special discounted ‘family fares’.

Minor raped
New Delhi, May 14
A 10-year-old girl was allegedly raped by a 63-year-old man in southeast Delhi’s Tughlakabad area this evening. The man is absconding and the police are searching for him. He had allegedly told the girl that he would take her for a tantric ritual.





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Investors cheated of crores
Tribune News Service

New Delhi, May 14
A Haryana-born school dropout who launched several business ventures, including departmental stores and newspapers, was arrested by the Delhi Police for allegedly cheating investors out of Rs 1,000 crore by floating companies across the country.

The police today announced that they arrested Vijay Kumar Sharma, identified as chairman of the JVG Group, on Monday at Bhairon Road in Delhi. They had been hunting for him in 10 cases of cheating.

In January 1998, he was arrested from Mumbai after his group allegedly duped depositors. He was granted bail in June 1999. He again allegedly duped investors by promising them accommodation in 2005 and 2006. In April 2012, after the Supreme Court cancelled his bail plea, he went underground, but was arrested yesterday.

In September 1989, Sharma launched his first company JVG. He entered the real estate business by developing “JVG Enclave”, a colony located on Noida-Dadri Road, which has been declared unauthorized by the Uttar Pradesh government, according to the police.

“In the early 1990s, Sharma opened branches of his finance companies in several towns and villages. He followed this with an aggressive advertising by offering 30 per cent interest rate. Investors flocked to buy the company’s schemes and the deposit base soon crossed Rs 1,000 crore,” said Additional Commissioner of Police (Crime Branch) Ravindra Yadav.

Sharma thereafter allegedly opened JVG Daily, a Hindi newspaper and Sandhya Times in Delhi and JVG Sandhya Prahari in Patna. He launched ‘JVG Departmental’ and opened stores in Chandigarh, Delhi, Patna, Varanasi and Ranchi. His company brought over 3,000 small firms under its control.

“The major chunk of the JVG empire was created from fixed deposits received from the public,” said Yadav.

According to the police, Sharma allegedly wanted to create a Rs 12,000-crore business empire, which included fields of power, hotels and aviation.

Sharma told the police that before his arrest, he had acquired Orkay’s polyester yarn plant in March 1997. It was done through an agreement with the financial institutions led by IDBI and the Mehras, who controlled Orkay.

According to the agreement, JVG had agreed to pay Rs 98 crore in cash to the Mehras. In March 1997, it had paid Rs 14 crore. JVG had to pay the second instalment by the end of September. When it didn’t pay up, the production at the plant was suspended in October 1997 and the agreement between the companies became void.

In June 1997, the Securities Exchange Board of India had asked JVG Finance to refund Rs 45 crore, which it had raised on a public issue in March 1997.

In October that year, the Reserve Bank of India (RBI) banned JVG’s non-banking financial companies from accepting deposits from the public, as they were not following the RBI guidelines.

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Boy’s eardrum ruptured as teacher slaps him
Tribune News Service

New Delhi, May 14
An 11-year-old boy’s eardrum was ruptured after a teacher slapped him in the school in Outer Delhi’s Kanjhawala locality on Monday. The boy named Shahil is a resident of Bakkarwala Village in Kanjhawala and studies in the Ganga International Public School.

He has alleged that his physical training teacher slapped him in school, while he was playing with his friends.

Shahil reached home and complained of pain in his ear. When his parents inquired about it, he replied that his teacher had slapped him.

His father took him to the Sanjay Gandhi Memorial Hospital, where an examination confirmed that Shahil’s eardrum was ruptured. His father informed the police about the incident.

The police questioned the teacher, Veer Singh, who said the school was closed for summer vacations and the management had organized a camp for students. Shahil had taken part in that camp.

“While he was training students, he saw Shahil throwing mud at other students. He told Shahil not to do it, but he didn’t pay attention. He then scolded three other students who were also throwing mud. They said that it was Shahil who started it. Veer warned him and left. When he returned, he saw Shahil again throwing mud and this time, he slapped him,” said a police officer.

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Need to create safe environment for women: Sonia
Tribune News Service

New Delhi, May 14
The UPA chairperson Sonia Gandhi today expressed her concern over violence against women and asked people create a safe environment for them. Laying the foundation stone of a girls’ hostel at Jamia Millia Islamia today, she said, “We have been shocked by the violence that girls and women encounter on the streets and even at homes.

Of course, it is not universal, but it is there widespread.”

“It pains me that as a society, we have failed to counter it and create a safe environment where girls and women can live and flourish without the fear of abuse and molestation,” she said.

She said while the government, Parliament and institutions like the police have to discharge their role, society at large also needed to change its mindset. The people must become proactive to control crime against women. Schools, universities and families are the best places where people can prove that they are proactive to prevent such crimes.

Sonia appreciated the decision taken by the university to name a ground after the late cricketer Mansoor Ali Khan Pataudi.

Gandhi said she was delighted to be at the university as she does not often get a chance to be amongst students.

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SDMC to give education to refugees’ kids
Tribune News Service

New Delhi, May 14
The South Delhi Municipal Corporation has decided to provide primary education to the children of Pakistan refugees. It was announced by the Chairman, Standing Committee, Rajesh Gehlot, during a visit to Pakistan Refugee Camp in the Bijwasan area of Najafgarh zone.

He said that admission will be given to the children of this camp and also directed the officials of the Health Department to arrange a mobile dispensary.

During the visit, Gehlot inspected the sanitary conditions, drainage system and condition of roads in the area.

“The problems of Pakistan migrants were discussed and we assured them that their issues will be addressed as soon as possible,” said Gehlot.

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Safdarjung docs go on mass leave

New Delhi, May 14
Accusing the administration of going back on their promises to provide better facilities, resident doctors of Safdarjung Hospital here launched a ‘non- cooperation movement’ by going on mass leave for an indefinite period from this evening.

The second round of agitation comes five days after the Union Health Ministry promised the Resident Doctors Association (RDA) that its grievances would be addressed by today.

RDA spokesperson Dr Sameer Prabhakar said they were forced to launch the indefinite protest as the administration did not take any action on their demands.

“There is no forward movement. No action has been taken to meet our demands. We are launching our non-cooperation movement. None of the resident doctors will attend OPD, Emergency and ICU. Only senior doctors will be there,” he claimed.

However, Medical Superintendent Dr B D Athani rejected the allegations.

“The protest is despite the fact that the administration had agreed to most of their demands. The doctors are not attending even Emergency or ICU despite repeated appeals to them,” Athani said. — PTI

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Airport Metro offers discounted family fares
Tribune News Service

New Delhi, May 14
Delhi Airport Metro has come up with discounts ranging from Rs 20 to Rs 80 per ticket for commuters travelling with their families or in groups of two or more. Delhi Airport Metro Express Private Limited today announced the special discounted ‘family fares’.

Under the new scheme, the current tariff of Rs 180 per person between New Delhi Station and Dwarka will come down to Rs 100 if four or more persons travel together.

If two persons travel, each of them will have to pay Rs 150, a discount of Rs 30 per ticket.

Similarly, the fare from New Delhi railway station to T3 (Terminal 3 of IGI Airport) will come down to Rs 100 per person in a group of four or more.

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Minor raped
Tribune News Service

New Delhi, May 14
A 10-year-old girl was allegedly raped by a 63-year-old man in southeast Delhi’s Tughlakabad area this evening. The man is absconding and the police are searching for him. He had allegedly told the girl that he would take her for a tantric ritual.

He instead took her to his residence in Tughlakabad, where he allegedly raped her. He fled and left the girl behind.

The incident was reported to the police at about 6.30 pm. The police have registered a rape case. The girl was sent for a medical examination.

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