Multi Crore Scam: MD, 2 directors among key executives of Hyderabad company booked

Jammu, Aug 10: Crime Branch has booked the Managing Director (MD) and two Directors, among several key executives of the Hyderabad-based company “Capital Protection Force Private Limited”, for a multi-crore scam on complaints lodged by a Major General and one more victim of Falcon Invoice Discounting fraud.

Senior Superintendent of Police Crime Jammu, Benam Tosh, said that two separate written complaints were received in the Crime Branch – the first complaint from a Major General, against MD Amardeep Kumar, Director Anita Kumari, Director Sandeep Kumar and others of “Capital Protection Force Private Limited, Hyderabad”, and key executives namely Anantha, Meher Chu Kusa, Tirumalesa, Sweeti Kashal, Kavya Nalluri, Yogendra Singh, Nazma, Bhavana, Priyanka, Pavan and Shreya (Vennela).

It was alleged in the complaint that Amardeep Kumar, an Indian national currently residing in Dubai, is the principal accused in a multi-crore Falcon Invoice Discounting fraud, affecting thousands of Indian investors by falsely promising high returns through a Ponzi-style scheme.

“The complainant alleged that he has also been duped of Rs 2,21,45,000.00 for which a repayment of Rs 2,45,82,252 was promised, but not made by the said company, which is reportedly closed without returning the huge invested amount,” the SSP said.

The second complaint was received by Crime Branch from Pardeep Kumar Gupta, resident of Lakhdatta Bazar Jammu, alleging therein that he too invested an amount of Rs 62,15,000.00 in the said company on similar assurances of which a maturity amount of Rs 68,14,117.00 was due, but the company didn't return the amount and thereby committed criminal breach of trust, cheating by hatching a criminal conspiracy.

“MD, Directors and others of the company fraudulently collected and misled investors with fabricated vendor profiles via social media promotions, fake deals and base claims of partnerships with reputed multinational companies. They made use of improper invoices using names of big MNCs, used fabricated vendor codes and displayed on online web platforms, fraudulently made misrepresentations of financial transactions and misappropriated huge invested amounts,” SSP said.

SSP Benam Tosh confirmed that FIR No 46/2025 was registered by Crime Branch at Police Station Economic Offences Wing (EOW), CB Jammu, under relevant sections of Bharatiya Nyay Sanhita, as the contents of the complaints and preliminary verification report prima facie revealed the commission of a cognisable offence punishable under law.