Excelsior Correspondent
JAMMU, Apr 15: Crime Branch Jammu today sealed offices of Sheen Finance Company, Sheen Agro Limited and Sheen Road Link at Canal Road here for further investigations as they had duped the investors of their hard earned money running into several crores.
Police parties headed by DySP Crime Branch Mohammad Ibrahim raided offices of three finance companies and sealed their complexes in presence of Magistrate and independent witnesses.
The finance companies promoted by Baldev Singh Bhau, Yograj Singh, Naseeb Singh and Angrez Singh had collected money from the investors by promising them hefty interest but didn’t return even their original amount after which FIR No. 12 was registered against them in 2008.
Sources said the Crime Branch would now try to fix liabilities and gather details of the assets of the company promoters before proceeding ahead.
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