Home Chhattisgarh CG NEWS: Cheating by forming a chit fund company, accused husband and wife sentenced to 4 years imprisonment, also fined Rs 28 lakh

CG NEWS: Cheating by forming a chit fund company, accused husband and wife sentenced to 4 years imprisonment, also fined Rs 28 lakh

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CG NEWS: Cheating by forming a chit fund company, accused husband and wife sentenced to 4 years imprisonment, also fined Rs 28 lakh

Sushil Salaam, Kanker. The court has sentenced the accused husband and wife who cheated by forming a chit fund company in the name of Royalco Real Estate and luring them to double the money in a short time. The accused couple has been sentenced to 4 years imprisonment. Sathgya himself has been fined Rs 28 lakh. A fine of Rs 3 lakh has also been imposed on the company.

The accused couple had started a chit fund company named Royalco Real Estate in Rajnandgaon. In the case, 14 investors had filed a case of fraud against accused husband Premlal Dewangan and accused wife Mamta Kiran Dewangan. The case reached the court, where during the hearing, the judge sentenced the accused couple to 4 years imprisonment and imposed a fine of Rs 28 lakh. A fine of Rs 3 lakh has also been imposed on the company.

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