Actors Alok Nath and Shreyas Talpade are among 13 individuals accused in a fraud case involving the Human Welfare Credit Cooperative Society. The society, active in multiple states including Haryana, promised high returns on fixed deposits and return deposits. The actors were brand ambassadors for the society, promoting the investment schemes.
The complaint, filed by Vipul Antil, alleges that the society failed to deliver on its promises, delayed payments, and eventually shut down operations, leaving investors stranded. The case is being investigated under cheating and fraudulent transfer charges. The investigation is ongoing as authorities try to trace the accused, including the operators of the society.
This case highlights the importance of verifying investment schemes and the responsibility of celebrities in endorsing legitimate businesses.