Archive · 2 Jun 2025
FIR Filed Against Finance Company Director in Multi-Crore Fraud Case
Imagine a company that promised people their money would double in five years.
This company, called Amar Jyoti, collected money from over 20,000 people in Budaun, India, for about 30 years.
They promised big returns but then didn't pay people back when they were supposed to.
Now, the police have started an investigation.
They've filed an official complaint against the company's director and 100 others.
The director is also a leader in a political party.
Many investors are angry because they haven't received their money.
A special team of investigators is now working on the case to look into what happened.
An FIR has been filed against the director of Amar Jyoti Finance Company and 100 others in Budaun.
The FIR was filed after days of protests from investors.
A Special Investigation Team (SIT) has been formed to investigate the multi-crore fraud case.
The company, Amar Jyoti Universe Nidhi Limited, collected money for around 30 years promising high returns.
Many investors' payments were delayed, leading to disappointment and locked company offices.
- Who
- An FIR has been filed against the director of Amar Jyoti Finance Company, BJP leader Shashikant Maurya, and 100 others.
- What
- An FIR was filed in Budaun regarding a multi-crore fraud case involving Amar Jyoti Finance Company.
- When
- The FIR was registered on Sunday.
- Where
- The FIR was filed at Kotwali police station in Budaun, Uttar Pradesh.
- Why
- The FIR was filed after protests due to the company's failure to return investor funds.
- Company Name
- Amar Jyoti Universe Nidhi Limited
- Director/BJP Leader
- Shashikant Maurya
- Location of FIR
- Kotwali police station, Budaun
- Number of People Named in FIR
- 100
- Approximate duration of operation
- 30 years
- Number of Customers
- Over 20,000