Product delivery agency dupes investors in Ganjam

-- flees with deposit money

BRAHMAPUR: One Sairam Traders, a product delivery agency, allegedly duped many investors who deposited money for advance booking of different products supplied by the agency at Purushottampur block in Ganjam district. The agency fled with as many as Rs 1 crore deposited money, depositors alleged.

According to sources, R Shivaji from Tanamgullam area of Pudukottai district in Tamilnadu had opened a store in the name of Sairam Traders at Purushottampur town on September 26 this year to deliver different products to its consumers. The agency was taking advance money from the consumers and delivering the products after ten days.

As the agency was offering 45 per cent direct discount on the products, the consumers had started booking products without any second thought, said a depositor. The agency had delivered its first quota with good discount, which attracted the depositors to invest more, he added.

Some depositors had gone to the store of the agency at the town to inquire about their products, but they did not find Shivaji and asked the landlord of the store house who told that Shivaji had left the place three days back after handing over the store key. This information created usual suspects among the depositors and they inquired about the owner of the agency again and again to get the truth.

   

The next product delivery date of the agency is October 21, but the rumor organised the depositors about the fleeing of the owner of the agency. They tried to call the owner of the agency over phone, but his phone was switched off. On Tuesday, a depositor lodged complaint at the local police station against the agency owner for cheating them, said the Purushottampur PS IIC Ramnath Sahu.