News Karnataka
Tuesday, May 07 2024
Bengaluru

Vikram Investment Company defrauds Rahul Dravid of Rs 4 Cr

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Bengaluru: There were rumours of high profile individuals being cheated by Vikram Investments Company. Now, former Indian cricket team captain Rahul Dravid has lodged a complaint against the company for cheating him of Rs 4 Crore at the Sadashivnagar Police Station in Bengaluru.

As per the complaint, the Bengaluru based firm had promised to give high returns on investment. Rahul said he had invested Rs 20 Crore in the company in 2014. So far, he had received only Rs 16 Crore and was yet to receive the remaining Rs 4 Crore.

So far, the police have arrested the company’s owner Raghavendra Sreenath and agents Sutram Suresh, Narasimhamurthy, K C Nagaraj and Prahlad.

The company had been operating under the names-Vikram Global Investments and Vikram Global Solutions-and had offices in Bengaluru and Chennai. It is rumoured that the company has swindled around Rs 400 Crore from 1,800 investors.

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