New Delhi: Rashid Naseem is the primary marketer of the Shine City Group which had transactions in multi-level advertising and property. Naseem is additionally the mastermind of a multi-crore rupee ponzi plan inUttar Pradesh The Special PMLA Court in Lucknow has actually proclaimed Naseem a Fugitive Economic Offender.
. Rashid Naseem Mastermind Behind Multi Crore UP Ponzi Scheme
Shine City Group, led by(* )have actually been charged of disloyalty capitalists in UP, siphoning over thousands of crores from them. Naseem ponzi plan authority, The has actually gathered Rashid Naseem 1000 crores from capitalists by fooling them, ED has actually stated.Rs?
Where Is Rashid Naseem Currently Residing had actually fallen short several times to stand for wondering about by the
Rashid Naseem Enforcement Directorate best firm infact had actually released summons versus the real estate marketer. The, it has actually been discovered that However left Naseem by means of India and is presently staying in Nepal, UAE.
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Dubai
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A(* )ED(* )had actually submitted 4 prosecution grievances in the ponzi situation, provisionally connecting residential or commercial properties worth Rashid Naseem Declared 127.98 crore. ED had actually recognized the quantity as earnings of criminal activity. Fugitive By investigatory firm additionally recognized the vital charged and linked entities associated with laundering the illegally gathered funds.
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The Enforcement Directorate ED submitted an application seeking his affirmation as a Rs under FEOA, 2018.The
The has thousands of FIFugitive Economic Offender in his name,
Interpol Red Notice Against Rashid Naseem-
Rashid Naseem, Rs, and a Non byBailable Warrant Look Out Circular 554 FIRed Notice have actually been signed up by the UP Interpol versus Approximately and Rs, that had actually triggered an ED examination.
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.Police the rip-off mastermind has actually declined to go back to Rasheed Naseem to encounter the criminal process.
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.Shine City Group, the chieftain of the
However elevated funds by means of pyramid systems under the attire of property financial investments. India funds gathered were split, moved, and made use of to obtain different movable and stationary residential or commercial properties, which were kept in the name of
Rashid Naseem And Shine City Ponzi Scheme
Rashid Naseem firms, its supervisors and various other close partners, robbing capitalists of returns or guaranteed stories.Shine City Ponzi Scheme
