Karavali

Duping by Vruksha Business Solutions-mass suicide threat by agents

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Mangalore, September 17: A complaint was given to the D.K district police commissioner since the Vruksha Business Solution (India) limited has duped its agents and customers by not returning their amounts due to which the agents are unable to answer the customers.

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Agent  Pramodini Shetty, has filed a complaint accumulating 71 customers stating that,” By attracting the customers of paying high interest rates; agents have collected money from the customers and have paid it to the Vruksha Business Solutions and it has not refunded the money since a year over frequent requests”.

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The Cops had filed a case against the partners of the company namely Jeevraj Puranic, Roshan D’Souzaand Venugopal. When it had become transparent that the Vruksha Business Solutions has sold its land worth the market price of seven crore for only 4 crores 60 lakh rupees, the customers and agents tried to prevent the registration process. But the heads of the company, using political influence were successful in making registration.

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The customers as well as agent’s who assembled at the registration office, went to the Police station and demanded to arrest the MD and share holders of the company. The accused promised to refund the sum to the accounts of Pramodini Shetty, Ankita Shetty including the other customers and bailed out of confinement. Later only a small amount was refunded to a few while the rest were not paid at all. Agents complain that over ten crores have been collected from the customers, and refunding of the money collected is delayed. In case the Vruksha Company fails to return the money, they are likely to commit a mass suicide. Hence, through the “Tulunadu Rakshana Vedike” they have forced to arrest the company’s MD as well as the partners and thoroughly investigate on the scam.

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