DSK Group investors in Pune worried about getting back their money
TNN Bureau. Updated: 2/20/2018 12:33:54 PM
National
Pune, Feb 20 : Far from being happy about the arrest of builder D S Kulkarni and his wife Hemanti, investors of the DSK group are now asking when and how will they be getting their money back.
They are also saying that as and when the money is recovered, the priority of repayment should be given to the direct- depositors and not the banks that lent money to the group.
The couple, accused of cheating thousands of investors of the DSK Group through various schemes, was arrested late on Saturday and later remanded in police custody.
Later, Kulkarni (67) collapsed and fell unconscious. He is now in judicial custody and shifted from Sassoon General Hospital to Deenanath Mangeshkar Hospital. He will be presented before a medical board of the Sassoon Hospital today afternoon and then decision will taken where he will be kept.
A team of Crime Branch of Pune City Police had arrested Kulkarni and his wife from a hotel in Delhi in the early hours of Saturday. The Economic Offences Wing of Pune Police are currently probing mainly two types of schemes, through which the group had taken money from investors.
Out of the schemes, one was of fixed deposits, in which money was taken from depositors in the name of a company from the group and in return, the investors were assured o either monthly, quarterly or cumulative returns and also the principal amount after the maturity period.