Jalandhar hotelier duped of Rs 3 crore in investment scam, 5 booked

Jalandhar, September 1

Rajan Chopra, owner of Ramada Hotel in Jalandhar, has become the victim of a major financial scam, losing approximately Rs 3 crore. The Jalandhar police have launched an investigation in the case following the registration of an FIR at the Bhargo Camp police station recently, based on Chopra’s complaint.

The suspects have been identified as Parminder Singh Sabharwal, Pavanish Sabharwal, Gurleen Kaur Sabharwal and Parmeet Sabharwal, all residents of Chhatarpur Marg, DLF, New Delhi. Additionally, Umesh Sahan, a resident of Bhargo Camp, has also been named in the case.

As per information, Chopra was introduced to the Delhi-based suspects through Umesh Sahan. The suspects allegedly persuaded Chopra to invest in a lucrative co-working space business, promising substantial returns. Trusting their proposal, Chopra agreed to a deal worth Rs 3 crore. However, after the money was transferred, the accused neither started the business, nor returned the funds, leading Chopra to suspect a foul play.

In a further act of deception, Chopra, in his complaint, had claimed that the suspects had forged his signature on a fake partnership deed, effectively shutting him out of any control or knowledge of the supposed business venture. When Chopra discovered the forged documents and the lack of progress on the investment, he immediately reported the matter to the police.

SHO, Bhargo Camp, Ashok Kumar, confirmed that after having received a complaint from Chopra, an FIR under relevant sections of the BNS was been registered on Friday. He said five suspects from Delhi had been nominated in the FIR and the investigation was ongoing.

He further said no arrests had been made so far in the case as they were yet to verify the accusations levelled against the suspects and check the transactions details.