HC transfers stock scam probe to CBI

11 months ago 18

MUMBAI:

Bombay high court

has transferred the

investigation

in a multi-crore stock-broking scam to the

CBI

after the agency agreed to take over two cases registered in the city and Sindhudurg, besides any other cases registered in the state.
Justice Revati Mohite-Dere and Justice Manjusha Deshpande directed the DN Nagar police station in the city and the Kudal police station in Sindhudurg district on Friday to hand over the investigation papers to the DIG, Banking and Securities Fraud Board (BSFB), CBI, within two weeks.

Filed by 18 investors, the petition sought transfer of the investigation to the CBI. It said multiple FIRs and complaints were filed by investors in different states against the promoters, directors and employees of Highbrow Market Research Investment Advisor.

Article From: timesofindia.indiatimes.com

Read Entire Article

Note:

We invite you to explore our website, engage with our content, and become part of our community. Thank you for trusting us as your go-to destination for news that matters.

Certain articles, images, or other media on this website may be sourced from external contributors, agencies, or organizations. In such cases, we make every effort to provide proper attribution, acknowledging the original source of the content.

If you believe that your copyrighted work has been used on our site in a way that constitutes copyright infringement, please contact us promptly. We are committed to addressing and rectifying any such instances

To remove this article:
Removal Request