Poonam Nath

Actors Alok Nath, Shreyas Talpade and 5 others in legal trouble; FIR filed for defrauding investors in UP

Digital Desk: According to ANI, an FIR has been filed against seven people, including Bollywood actors Alok Nath and Shreyas Talpade and members of a Credit Cooperative Society, at the Gomti Nagar Police Station in Lucknow, Uttar Pradesh.

The FIR accuses the defendants of scamming 45 investors, resulting in a loss of Rs 9.12 crore. However, more information about the situation is awaited.

Shreyas Talpade and Alok Nath were also at the heart of a legal dispute last month, with a charge of cheating and breach of trust filed against them at Sonipat's Murthal police station.

An FIR filed on January 22 identifies 13 people as implicated, including actors Shreyas Talpade and Alok Nath. The case had aroused widespread outrage, with both actors now facing criminal charges.

Ongoing investigations are expected to unearth further information, and legal actions are set to begin in the following weeks.

The allegations against Talpade and Nath involve fraudulent property transfers and are classified under Sections 316, 318, and 318(4) of the Indian Penal Code.

Vipul Antil, a Sonipat resident, has filed a complaint accusing the Human Welfare Credit Cooperative Society of enticing investors with promises of large returns on its fixed deposit (FD) and recurring deposit (RD) schemes.

However, the society purportedly used a multi-level marketing model in which agents were compensated for recruiting new investors.