Investment firm director, wife held for â¹400 crore default
Thane police have arrested the Director of Sagar Investments, his wife, and two relatives for allegedly duping as many as 4,000 investors of â¹400 crore. The firm offered 15% interest for many years but defaulted paying the same since November 2017, following which the investors lodged a complaint. Police also seized several bank accounts of the firm and the accused.