Daijiworld Media Network – Mumbai
Mumbai, Jun 24: In a disturbing case of financial fraud, a Malad-based company named Secure Agro Healthcare has come under police scanner for allegedly duping multiple people by luring them with false promises of free surgeries for all illnesses and guaranteed returns that would double their investments.
Based on a complaint filed by 65-year-old Ashok Zagde, a resident of Malad, the local police have registered an FIR against 11 individuals associated with the company. The accused reportedly convinced Zagde — who personally knew some of them — to invest Rs 5 lac in 2019, assuring him of medical benefits and high returns.
The FIR has been registered under multiple sections of the Indian Penal Code, including 120(B) (criminal conspiracy), 406 (criminal breach of trust), 420 (cheating), 467 and 471 (forgery), and also under Sections 3 and 4 of the Maharashtra Protection of Interest of Depositors (MPID) Act.
Among those named in the FIR are Dinsha Kavasjee Ghadiyali, Ghanshyam Bansidhar Agarwal, Satish Suresh Jadhav, Kishor Gordhan Vaviya, Yogesh Vasant Lokhande, Hiren Raghavjee Bhikdia, Naina Kiran Sharma, Saed Nadeem Abbas, Haribhai Ratna Choudhari, and Kalpana Satish Jadhav, along with others who allegedly orchestrated the scam.
The complainant said that the accused promised quicker returns for investments over Rs 5 lac and assured that smaller investments would be doubled in seven years. To gain his trust, they allegedly presented a forged IRDA (Insurance Regulatory and Development Authority) license and claimed they had already disbursed Rs 2 cr to previous investors.
However, when no returns were received over time, Zagde began seeking a refund. Initially, the accused allegedly gave him evasive responses before cutting off all communication.
Malad Police confirmed that a detailed investigation is underway, and the accused are likely to be summoned for interrogation soon. Authorities suspect that more victims may emerge as the case unfolds.
The incident has sparked concern among local residents, especially senior citizens, about the rising number of investment scams camouflaged as healthcare or insurance services.