BJP leaders urge police to act against fraud by companies offering to purchase pledged gold
BJP leaders in Mysuru have urged the city police to take action against companies allegedly involved in fraudulent activities related to pledged gold. Raghu Kautilya, BJP’s Backward Classes Morcha leader, claimed these firms deceive people by promising to retrieve and buy their pledged gold at market rates. The issue was highlighted during a press conference in Mysuru on Thursday.
- ▪BJP leaders in Mysuru have raised concerns about companies defrauding people with pledged gold schemes.
- ▪Raghu Kautilya alleged the existence of a racket targeting individuals unable to reclaim their pledged gold.
- ▪The companies reportedly promise to release and purchase pledged gold at current market prices.
- ▪The issue was brought to light during a press conference held in Mysuru on Thursday.
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BJP leaders in Mysuru have sought to draw the attention of City Police to the alleged fraud and cheating by companies offering the public to purchase their gold pledged with financial institutions.Addressing a press conference in Mysuru on Thursday, BJP’s Backward Classes Morcha leader Raghu Kautilya alleged that a racket was operating in the name of helping people, who were unable to redeem the pledged gold, by offering to release the gold and purchase it at current market price.
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.
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