Exposing a Public Company Fraud in Punjab
Rajesh, a 40-year-old small investor from Amritsar, Punjab, trusted a well-known public company that claimed to be reliable and safe. They advertised heavily, promised high returns, and even used local agents to gain community trust. Like many others, Rajesh invested his savings, believing it was secure.
At first, the company sent small returns to build confidence, but soon, payments stopped. When Rajesh asked for his money, the company gave excuses about “technical delays” and “new policies.” Later, he learned that the company had trapped hundreds of innocent people in an investment scam in India.
Feeling cheated and helpless, Rajesh approached Sandhu Law Offices, experienced corporate fraud lawyers in Punjab, to expose the scam and recover his savings.
The Challenges
Rajesh’s case had many difficulties that made the legal fight complex:
-
False Assurances and Misleading Ads: The company’s brochures, websites, and agents promised guaranteed profits. In reality, they never had a working business model. This was a clear case of misrepresentation in a public company fraud case.
-
Loss of Savings and Security: Rajesh’s entire financial planning was disturbed. His children’s education and family needs were at risk because his money was locked with the fraudulent company.
-
Hidden and Manipulated Records: The company refused to give proper account statements, deleted records, and misled investors about where the money was being used. This made evidence collection difficult.
-
Legal Tricks by the Company: Since it was a registered public company, it tried to use complex documents, disclaimers, and technical loopholes to escape responsibility. Ordinary investors like Rajesh could not understand these terms.
-
Harassment of Investors: Instead of refunding money, company representatives threatened investors with “no refund” clauses and claimed they had signed binding contracts. Many people stayed quiet out of fear.
-
Mental and Social Stress: Rajesh not only lost his money but also faced humiliation in society. Relatives questioned his decision, and he felt ashamed to admit he had been cheated.
-
Community Impact: Dozens of people in Amritsar and nearby areas were victims. However, many did not want to come forward, fearing long cases or being seen as careless with money. This silence made the fraudsters bolder.
Our Approach
At Sandhu Law Offices, we built a step-by-step legal strategy to make the fraud visible and protect Rajesh’s rights:
-
Strong Evidence Collection: We collected every possible proof — payment receipts, bank transfers, brochures, recorded calls with company staff, and testimony from other investors. This helped to show the real picture in court.
-
Criminal Complaint and FIR: We filed a criminal case against the company directors under cheating, fraud, and breach of trust. This made sure the fraudsters faced personal accountability.
-
Consumer Forum and Civil Remedies: Alongside the criminal case, we also filed a complaint in the Consumer Forum to demand refunds and compensation. This parallel approach increased pressure on the company.
-
Regulatory Action: We reported the fraud to SEBI, the Registrar of Companies, and local authorities to ensure the company could not continue its activities. This step also warned other investors.
-
Collective Investor Action: We encouraged other victims to join Rajesh’s case. By filing as a group, the claim became stronger and harder for the company to ignore.
-
Asset Freezing Requests: We asked the court to freeze the company’s bank accounts and properties so that investors’ money would not be moved or hidden. This gave real hope for recovery.
-
Powerful Courtroom Arguments: Our corporate fraud lawyers in Punjab highlighted how the company tricked innocent people with false promises. We showed how their so-called “contracts” were unfair and illegal.
-
Emotional and Legal Support: Fraud cases are stressful. We kept Rajesh and other victims updated in simple language, guiding them on what to say, how to respond to notices, and how to handle community pressure. This support was as important as the courtroom fight.
-
Long-Term Strategy: We also prepared for possible appeals by the company. Fraudsters often drag cases for years, so we created a plan to keep the case moving without delays.
The Result
The Consumer Forum and Court ruled in favor of Rajesh and the other victims. The company was found guilty of fraud, and its directors faced criminal charges. The court ordered refunds of investments along with compensation for harassment, emotional stress, and legal costs.
This result not only restored Rajesh’s financial security but also encouraged many other victims of fraud to step forward. The case showed that with proper legal remedies for fraud victims, justice is possible, no matter how powerful the fraudsters may appear.
Client Testimonial
“I thought I had lost all my savings forever. Sandhu Law Offices guided me, stood by me, and fought till the end. I not only recovered my money but also saw the fraud exposed. Today, I feel stronger and more confident.” – Rajesh
👉 At Sandhu Law Offices in Punjab, we fight for people who are victims of scams, cheating, and fraud. Whether it is a public company fraud case, an investment scam in India, or any other form of cheating, our expert corporate fraud lawyers in Punjab provide strong representation. With the right legal remedies for fraud victims, we make sure truth and justice win.
