India News | Investors on Edge as Offices of Financial Firm Found Locked

Thane, Jan 6 (PTI) Hundreds of investors on Monday protested after finding the office of an investment firm locked in Navi Mumbai amid allegations of a scam, police said.

Many investors claimed they had invested their life savings in the company's schemes which promised them substantial returns over a decade.

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Protests erupted when several investors found the company's offices in Dadar, Mumbai, and Bhayandar in Thane district locked. A showroom of the firm in Mira Bhayandar area was also found shut since morning.

Navi Mumbai Police personnel reached the spot and dispersed the crowd.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)