Chhatrapati Sambhajijnagar: A new case was registered into the scam of Radhai Urban Multipurpose Nidhi Ltd, which is in the name of Devidas Adhane's son after Adarsh Cooperative Credit Society and Yashaswini Cooperative Credit Society scams.
Like other cooperative credit societies, Devidas' son Pavan Adhane and manager Ganesh Shinde, through this credit society, cheated depositors of crores of rupees by luring them with 12 per cent interest on Fixed Deposits for 13 months.
Avinash Narayan Chaudhary (36, New Hanumannagar) lodged a complaint in this regard.
The complainant was lured by Yashaswini Women's Self-Help Group of Savita Adhane (Pavan’s mother) on the pretext of offering him a 12 per cent return on his investment in Radhai Urban Bank.
Chaudhary had just received money from the sale of a house at the same time. Chaudhary made two FDs of Rs 2 lakh each in the name of his mother Anjali Chaudhary, on August 24, 2021.
He made another FDs worth lakhs in the names of his mother, brother, wife, sister, aunt and uncle. However, the bank refused to pay him even after the deadline.
Meanwhile, a case was registered against Yashaswini Credit Society and Radhai Bank was also closed. Based on Chaudhary's initial complaint, a case of fraud of Rs 20.47 lakh was registered. The money of many account holders was deposited in this credit society.
“So, the amount of fraud will increase along with the complainants coming forward,” said Pramod Deokate, investigating officer.
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Chronology of scams
-On July 12, 2023, the first case of irregularities of Rs 202 crore was registered against Devidas along with Ambadas.
-On October 7, 2023, when Devidas was arrested in the Adarsh scam, another scam of Rs 47.82 crore surfaced in his Yashaswini Mahila Group Cooperative Credit Society.
-On October 11, 2023, Devidas and his wife Savita were arrested.
-On November 2, 2023, he was arrested for the second time in Yashaswini's scam.
-On November 11, 2024, son Pavan and daughter-in-law were arrested.
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A team led by Economic Offences Wing Inspector Sambhaji Pawar investigated the Yashaswini scam.
By the end of November 2024, the team received information about the family's assets worth Rs 23 crore. Out of this, assets worth Rs 10 crore have been added to Adarsh's assets.