Step Brother arrested for defrauding hardik pandya of Rs 4.3 crore!?

Police have arrested the stepbrother of hardik pandya and Kurnal Pandya who defrauded him of Rs 4.3 crore. hardik pandya, Kurnal Pandya, and Stepbrother Vaibhav Pandya have started a polymer business together. Both hardik pandya and Kunal Pandya have invested 40 percent each in the company, which was launched in 2021. Similarly, half-brother Vaibhav Pandya has invested 20 percent. Vaibhav Pandya has also looked after the operations of the company. They divided the profits from this polymer company according to the investment. It is at this stage that the profit of the company has gradually started decreasing. Subsequently, Vaibhav Pandya started another company in the same line of business. Pandya did not inform the brothers about this.
Also, the company's profits from the polymer company have been invested by Vaibhav. Due to this, the polymer company has incurred a loss of up to Rs.3 crores. Also, Vaibhav Pandya has increased his profit share of the polymer company from 20 percent to 33.3 percent. It was at this stage that Vaibhav asked Pandya to let hardik pandya know about it. This led to an argument between them. After that, hardik pandya has threatened to tarnish his name. In this situation, hardik pandya has filed a complaint at the mumbai police station regarding the incident. police arrested Vaibhav Pandya yesterday on a complaint and are interrogating him. It is to be noted that hardik pandya has accused him of cheating to the tune of Rs 4.3 crore.

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Sowmiya Sriram

11/04/2024 10:18 AM