7 computers, record seized from chit fund company


AmritsarPosted at: Jun 2, 2017, 1:26 AM; last updated: Jun 2, 2017, 1:29 AM (IST)42 complainants allege that a fraud of Rs 6.97 crore was committed

Arrest the accused

  • Harpreet Singh, a victim, said the key players of the chit fund company were missing. They should be arrested.

Policemen from Barnala search the records of Crown Credit Cooperative Society in Amritsar on Thursday. Photo Sunil Kumar

Tribune News Service

Amritsar, June 1

The Barnala police today raided the infamous chit fund company, Crown Credit Cooperative Society’s office at Nehru Shopping Complex and seized seven computers and record of the company here. Earlier, the police had sealed these offices on May 24.
Today, a team of the Barnala police led by ASI Ranjit Singh visited Nehru Shopping Complex with search warrants issued by the District Courts, Barnala.The police broke open the locks of the shops and seized the computers and other documents.
Ranjit Singh, investigating officer from Barnala, said, “We have seized seven computers and some files including documents regarding the Crown Credit Cooperative Society. Technical teams will investigate the matter by accessing the computers.”
According to information, there were four separate cases against the Crown Credit Cooperative Society in which 42 complainants alleged that a fraud of Rs 6.97 crore had been committed in Barnala. Two separate cases have been registered in Amritsar and four in Bathinda.
The Amritsar police had arrested Sandip Kaur, an accomplice of Jagjit Singh, director, Crown Credit Cooperative Society, in May. The Barnala police had taken custody of Sandip Kaur on production warrant and she revealed about the offices of the society.
Today, the Barnala police has also checked shop nos. seven and eight from where Jagjit Singh used to print a monthly magazine, “Punjabi Screen”. “Punjabi Screen” had shifted from this building.
The Barnala police did not inform the local victims of the society about today’s action. The victims are not satisfied with the ongoing investigation of the local police.
Harpreet Singh, a victim, said, “Almost all key players of the chit fund company are missing. The police should make efforts to arrest Jagjit Singh, director of the company, and his accomplices Sangeeta Sharma, Lucky and Jaswinder Singh.
ASI Ranjit Singh said, “The investigation is progressing. We will not spare anyone found guilty”.

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