FIR against Alok Nath and Shreyas Talpade 

News is coming from Lucknow that there is a Fir lodged against the members of the Credit Cooperative Society.
The hype of this news was created due to two people who are famous personalities because FIR was lodged against these two as well. The names of these famous personalities are Alok Nath and Shreyas Talpade. The allegation in the FIR is that they have cheated 35 persons with an amount of 9 crores

What is the issue

This FIR is filled at Gomti Nagar police station in Lucknow. It is blamed that these two actors are the brand ambassadors of cooperative society and victims get lured due to such famous personalities.

This FIR was registered on January 22 under sections 316(2),318(2), and 318(4) of the Bharat Penal Court which is a breach of trust and cheating. This FIR was lodged in Sonipat by a resident Vipul Antil (37).

Commitment to Delivering Better Returns for Investors

The Complaint was lodged about the cooperative members because they assured investors that their money would be safe and the maturity amount would be paid on time. Initially, they fulfill their commitments. As per Mr. Antil, these actors were the brand ambassadors of this promoted by the Human Welfare Credit Cooperative Society Pvt Ltd.

According to this FIR, the society was formed under multiple states due to the Cooperative Society Act and It started functioning in Haryana on September 16, 2016. The main function of this society was to provide saving schemes like fixed deposits and recurring deposits. This society has showcased itself as a trustworthy and safe financial institute and carried out massive publicity stunts to attract the people. Antil Aloknath and Shreyas were also part of this marketing.

This model was based on multi-level marketing due to which there was a big increase in investors. He further alleged in the FIR that in 2023, The maturity amount was getting disrupted and officials of the society were giving the reason for system upgradation.

As per Mr. Antil After following the society officials continuously for a long time now he is bound to lodge the FIR to get the investor’s money back. As per information, this is a cheating case of 9 crores as of now. Let us see how this issue will be resolved. will investors get their money back or it is going to increase the problems for Alok Nath and Shreyas Talpade?