Shreyas Talpade and Alok Nath along with 13 others booked in case of criminal breach of trust - DETAILS INSIDE

Bollywood actors Shreyas Talpade and Alok Nath, along with 13 others, have been accused in a case involving allegations of cheating, criminal breach of trust, and deceptive property transfer. The case has been registered under Sections 316(2), 318(2), and 318(4) of the Bharatiya Nyaya Sanhita (BNS).

The FIR, lodged on January 22, outlines serious charges against the accused, including the two actors. According to law enforcement, the allegations primarily focus on a society accused of duping people by convincing them to invest large sums of money. “The main complaint is against the society involved in luring investors. We are investigating the specific roles of Shreyas Talpade and Alok Nath in the matter,” said Ajeet Singh, Additional Commissioner of Police, Murthal.

The case was filed by Vipul Antil, a resident of Sonipat, Haryana, who alleged that the Human Welfare Credit Cooperative Society, registered in Indore under the Multi-State Cooperative Societies Act, 2002, has been deceiving investors across multiple states since its inception on September 16, 2016. The society reportedly offered lucrative fixed deposit (FD) and recurring deposit (RD) schemes, promising high returns to investors. However, Antil claims that the organization operated on a multi-level marketing model, incentivizing agents to recruit more investors.

Antil's complaint highlights how the society assured investors their funds were secure and that returns would be paid on time. Despite these assurances, Antil alleges that the society defaulted on payments, leaving numerous investors in financial distress. He shared that he had personally invested Rs 33 lakh in an FD scheme and that his brother Amit had collected over Rs 4 crore from various investors, including family members, through a ‘suvidha kendra.’ The funds are now unaccounted for, causing significant financial hardship to their family and others.

The police investigation is ongoing, with authorities working to determine the involvement of all accused parties, including the Bollywood actors. While the complaint primarily targets the cooperative society, the inclusion of Talpade and Nath in the list of accused has raised questions about their potential connection to the alleged fraud.