2 dupe 100 investors of Rs 28cr, but scam may run into Rs 100cr
Mumbai’s Economic Offences Wing arrested two partners of the Moneyedge Group for allegedly duping 100 investors of Rs 28 crore, promising 24% annual returns, potentially affecting 3,000 investors. The duo was remanded till Jan 22. Wanted suspects include Rajiv Jadhav and Priya Prabhu, ex-postal employee. Complaints began when returns stopped in May 2022.
