Five of a family get 5 years RI in ₹10-crore scam casecitiesUpdated: Jan 26, 2020 00:53 ISTFive people were sentenced to five years’ rigorous imprisonment for cheating 300 people of ₹10crore in 1998. Grocery shop owner Narayan Thakkar and his four family members lured people to invest money in schemes claiming high returns. Twenty years later, Thane sessions court convicted the five and fined them. Later, he started cheating them. In 2017, all those cheated received 75% of their money back from the accused as per court orders.”

Source: Hindustan Times January 25, 2020 19:18 UTC