Team Goemkarponn
VASCO: Vasco Police have registered a cheating case against six persons in connection with an alleged Rs 90 lakh startup investment fraud linked to a technology company.
The complaint was filed by Santosh Mahale, authorised representative of Vishwas Warehousing and Trading Pvt. Ltd. and Shikargah Pvt. Ltd.
According to police, the alleged offence took place between November 20, 2015 and the year 2019 at TNK, Vasco. The accused have been identified as Aruna Schwarz, Chief Executive Officer of Khemeia Technologies Pvt. Ltd., Chennai; Revathy Ashok of Domlur Layout, Bengaluru, director of the company; Sunil Koliyot of Arumbakkam, Chennai, director of the company; Chandu Nair, director of the company; S. Prabhu Kannan, representative of M/s P. Senthamarai Kannan; and Sanjay Jain, representative of M/s SPA Capital Advisors Limited.
Police said the accused allegedly induced the complainant firms to invest in Khemeia Technologies Pvt. Ltd. by making false representations regarding a cloud-based technology products business.
As per the complaint, Vishwas Warehousing and Trading Pvt. Ltd. invested Rs 45 lakh, while Shikargah Pvt. Ltd. invested another Rs 45 lakh, taking the total investment to Rs 90 lakh.
The complainant alleged that after receiving the investment, the accused failed to carry out the promised business operations, manipulated financial statements and misused the invested funds for personal benefit.
Police stated that the accused, acting with common intention, allegedly cheated the complainant companies of Rs 90 lakh.
Further investigation in the case is being conducted by PSI Nikhil Dessai of Vasco Police Station.
