Surat couple booked for duping investors of ₹98 lakh via fake investment schemes November 01, 2025

Surat: The Economic Offences Cell (EOC) of Surat city police has arrested a husband and wife for duping multiple individuals of approximately ₹98 lakh on the promise of high returns.

According to the police, the accused, Hardik Shah and his wife Puja Shah, operated a firm named Shah’s Investment that floated attractive schemes promising 4% to 12% returns within 42 to 100 days to lure investors. Falsely claiming that the firm was registered with SEBI, the couple gained investors’ trust and initially provided regular returns before abruptly stopping payments later.

One of the victims, Milan Bharatbhai Bhatiya, approached the Kapodara police and filed a complaint against the couple. It is a

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