A retired deputy director of Lok Sabha security allegedly defrauded him of crores of rupees on the pretext of investing in mutual funds and shares, police said.
BL Ahuja, 83, a resident of Sector 43, Gurugram, retired as Deputy Director (Security) in the Lok Sabha in November 2000.
According to the Press Trust of India, the fraud was allegedly committed by an Axis Bank employee identified as Abhishek Maheshwari and his wife. Mr Ahuja had known Mr Maheshwari since 2013, when he worked at ICICI Bank, he said in his police complaint.
A statement from Axis Bank on Abhishek Maheshwari – the accused employee – is awaited
Mr. Maheshwari advised Mr. Ahuja to keep the money in mutual funds instead of in the bank. Mr Ahuja took his advice and gave Mr Maheshwari two checks of Rs 1 crore in 2018. In March 2019, Mr Maheshwari took another check of Rs 30 lakh to invest in Wipro shares, Mr Ahuja said.
Mr Ahuja’s son, who lives in the US, asked Mr Maheshwari multiple times about the status of the investment, after which he allegedly shared fake documents.
In April 2021, when his son visited during COVID-19, he started looking at financial statements and again asked Mr Maheshwari for access to retail brokerage accounts and statements, but received “false promises”, Mr Ahuja added.
Mr. Ahuja’s son then contacted the local office of the brokerage firm and learned that Maheshwari allegedly ran a sub-brokerage with his wife Archana.
They allegedly took control of Mr. Ahuja’s account by obtaining OTP (one-time password) from his phone without his knowledge and authorization forcing him to file a complaint.
A police case or FIR was registered against the couple under sections 420 (cheating), 467 (valuable security fraud), 468 (forgery with intent to cheat), 471 (using forged document), 120-B (criminal conspiracy). 34 of the Indian Penal Code (general purpose) at Sushant Lok police station, police said.
“According to the complaint, an FIR has been registered and we are verifying the facts. Action will be taken as per law,” said Deepak Kumar, SHO of Sushant Lok police station.
(Except for the headline, this story was not edited by NDTV staff and appeared on a syndicated feed.)