Co -operative society accused of fraud will investigate RBI; Action will be decided on the answer - Gorakhpur News Multi State Cooperative Society Fraud RBI Investigation

Investors have complained of fraud against the Loni Urban Multi-State Hit Cooperative Society in Gorakhpur. The police investigation has revealed that cases are also registered against society in other countries. Information was sought at RBI regarding the case filed with the Kotwali police station. The agents attracted investors to double the rupee within five years. Jagran correspondent, Gorakhpur. Agents lay a net of greed and raised money with people and the organization quietly escaped with eight crore calls. More than 500 investors have complained of fraud against ‘The Loni Urban Multi-State Hit Cooperative Society’ in Gorakhpur. The police investigation revealed that cases were also registered against this society in Varanasi, Uttarakhand and Madhya Pradesh. Police searched for RBI information regarding the case filed with the Kotwali police station. The direction of action will be decided on the basis of the answer. The office of the association, which was active in the Kotwali police station, opened at Ghosh Company crossings in the year 2017. When the number of innovators increased, the office was transferred near the aluminum factory. There were about 45 agents related to the institution, which in five years people associated with the greed to double money. An amount was also returned at 2024, but then the site was updated and the payment stopped. A case has been registered against the Association for Fraud of Crores of Rupees in the Pauri Garhwal district Uttarakhand. Five people were also arrested there. According to agents, the activities of the website suddenly stopped in November 2024 and in February 2025 the whole truth of the fraud came to light. The Kotwali police station filed a case against 11 people in this case for the order of the court. After getting the answer, an investigation will be conducted by sending evidence to the discretionary RBI office, based on the further steps.