[Resolved]  City Limouzines — financial fraud

hello i am investing in city limouzines since last two year.But last 15 aug. cheq. has been bounce . when i called to city they told me to wait till 14 oct 2009 . ther has been a meeting in mumbai. to meet all city customer with bombay high court people and advocate.to find any way. toserviwe the com. If any body get--[protected]

ALL MEMBER AND INVESTORS.
can u know about that media roleplay in this case, when zee news are shown abt this froud after than no anybody chennal are repeat this case and no any news regarding this co. i see mumbai metro news, top 10 news in mumbai, delhi, chennai, no any one shown this news ya any single word regarding progress ya disprogress.
Waah ri media, kahan to harami sale bedroom tak camera ghusa dete hai aur jhan lakhon investors ke paise lut gay unper jara bhi news nhi, sahi kahte hai ki media dogli hai khastour per indian kuttee, basturd ...

Date:[protected]

From
Dr. Zulfiqar Ali Khan (Advocate) MB:[protected]
S/o Late Sh Islam Mohd Khan
No 4/59, 15th Cross Sreet
Padmavathy Nagar, Sellaiyur Post
Chennai -73.

To,

1. The Commissioner of Police
Greater Chennai
Egmore, Chennai -8

2. Inspector of Police
Nungambakkam Police Station
Nungambakkam, Chennai – 34


Sub: Complaint of fraud and misappropriation of money in multi crores by Managing Director and other directors of City Limouzines (India) Ltd – Regarding.

Respected Sir,

I beg to prefer a complaint against the Managing Director and other directors of City Limouzines (India) Ltd and against the company.
1. I state that in a calculative manner to defraud the investors the Managing Director and other directors formed a Company in the Name and Style of City Limouzines (India) Ltd and the office of the Company is situated at No 4D, Riaz Garden, # 29, Kodambakkam High Road, Nungambakkam Chennai – 34. The Managing Director of the Company is show as one Mrs Geeta. R.
2. I state that the company was initially formed for the aim of Car Leasing and slowly started investment Scheme in it. For the investment Scheme, they advertised in the Magazines and circulated pamphlets with attractive promises. Initially they were also paying the Higher returns and the promise was to pay for 5 years and on completion of 5 years, the deposit amount would be returned. Latter they increased the monthly returns and promised to return the deposit amount by 50%. There after further hiked the monthly return and said that no amount would be paid on completion of 5 years.

3. Initially, the payment of monthly returns were made through post dated local Cheques every six monthly. There after the Directors commences many companies and formed a CITY Group. The names of the company are

1. City Limouzines (India) Ltd
2. City Real Com Ltd
3. City Co-op Credit Society Ltd
4. City Communications Ltd
5. City Money Ltd
6. City Trading L.L.C. (U.S.A)
7. City Airlines Pvt Ltd.
8. City Resorts
9. City Cine Vision Pvt Ltd.
10. City Hospitalities Ltd.
11. City Foundation
12. Chaman Automobiles( An H.P Outlet)
13 . Bharatratna Dr. Babasahieb Amedkar Pratishthan
14. Bharatratna Dr. Babasahieb Amedkar Pratishthan Co-op Credit Society Ltd

And collected very huge amount from general public. The Directors then slowly had transferred funds from one company to another and started sending cheques from Bombay. They have a preplanned move to cheat the investors and defraud, there misappropriating multi crore rupees. The Directors started sending cheques only for three months advance and slowly delaying the dispatch of cheques.

4. While so, from[protected], the Cheques on depositing for collection started bouncing for insufficient funds. On telephonic query, the staff and the Directors were misleading the investors by saying that there is some audit going on and hence there is some delay. They also even sending SMS to the Cell Phones to delay depositing Cheques.

5. Now I am coming to know that the Directors swallowed the complete money of the general public running in multi crores. I state that the action of the Directors are preplanned one from the inception of the company. Now at this stage the Company directors are not likely to return the investments or honour their promises made to the poor public. Now the Office of the Company is also closed and they are not attending telephone calls creates greater suspicion.

6. I state that I have deposited a total of Rs.2, 62, 851/- (Two lakh Sixty two thousand eight hundred fifty one only) as per the details shown below.
File No as per the records of City Real Com Ltd: 7192, 11789

Date Receipt No. Company Amount
File No: 7192
08-07-07 8219 City Limouzines (India) Ltd Rs.1, 04, 831/-
08-07-07 18183 City Co-op Credit Society Ltd Rs. 31, 010/-
File No: 11789
25-10-08 7228 City Real Com Ltd Rs. 95, 000/-
25-10-08 1727 City Co-op Credit Society Ltd Rs. 32, 010/-
Total Amount Rs. 2, 62, 851/-

7. In my case I am an Ex Service-man and the money invested is my discharge benefits received after 20 years of meritorious service in the Indian Air Force. May I kindly request you Sir to Register a Case as against the Company and against all the Directors and Staff, investigate the same and take necessary action against them. I am herewith enclosing the Xerox copies of relevant Documents and receipts of acknowledgement by the accused company and its Directors.
Yours Truly,

Hi,
friends, I m also one from you. let us unite togather, ask them the dead line to solve this problem so that that the last person in the queue gets his dues. If they do not agree for this then get ready to take this battle to the court of law if the problem.

Pl send your complaint to Local Police through Speed Post or through RPAD. For model You may contact me.

Peoples are giving their review/opinion hypothetically over the lapses they are experiencing, particularly on the bouncing of post dated cheques issued by the company. Company has informed of the different dates for the presentation of cheques. This has caused the state of dilemma amongst the members. I would suggest that the company should come out through a press release to mitigate the agony of its investor. Till such we have no option but to wait and watch the crisis running in the company.

Dear All

I have also a member of the city limouzines family. My father and my mother also recently invested thier money. My father age is about 70 years and mother also 65 years . We are living at meerut.
Many time we have phoned to Delhi, Mumbai & Chennai office regarding the cheques bounced but we have not satisfactory answeres from their offices.

I request to you if you have any information from City group so pls call me over my phone nos.

Anuj Kumar - [protected] Kuldeep Kumar Dhanda - [protected]

Indua Bala - [protected] Vipin Vats - [protected]

waiting for your call.

Thanks

Anuj Kumar
Meerut

i have started taking action against city limosines.
i have contacted pm office and supreme court.

pls send your details
1) name
2) address
3) cell no.
4) amount invested.

rthis wil;l help to get us justis.

regards,

c.g.joshi
cell 91 [protected]

i am 2 years old members past 1 month rummors contineously coming but company say still waiting till 15 oct but this extension date is so long company solve the problems as soon as possible, and send the message to all investors possible news. but company extension date so long, some part of invester raising the complaint. city group only take the fastest action to solve the problems. we praying all investers, return the investing money

Sub:- Re-Fund against Tentative ownership of 20 sq.ft.

Ref:- Your Receipt No.20105 (City Realcom limited) and City co-op.credit society ltd, Mumbai
Of Rs.107515/- and Rs. 31000/- respectively on Dated 22/07/2009

Dear Sir,

With reference to above subject I have given Cheque No. 434459 HDFC Bank Nerul Branch of Rs. 75000/- and Cheque No. 062351 Axis bank Nerul Branch of Rs.63515/-In favour of City Realcom Mumbai. Above cheque given investment in your company. As per discussion While giving the the payment said within 20days you come to our office for agreement.After 20 days Call to your representative she told me our audit going that is you will come after10 days i.e. on Date 22.08.2009 . I spoken that date she told me till up to date audit going on.
Now I Several times call but not given properly answer from your side.

Now I decided to re-fund my given above paymet . I am not interested in your scame.
ANANT A. DESHMUKH : [protected] NERUL NAVI MUMBAI

I got sms from the company not to deposit the cheques till 5th Sept. and then till 15th of Sept.09. Now the company has closed its office. I have not lodged any police comlaint, but I have 10 numbers of investment of me and my relatives.

I m also one member who is also suffering from same situation as suffered by many people. I invested my whole 2 years of service money in that company now i m jobless. I dont have any source of money for my daily spend please help me if any body has any news regarding refund or something else please make me aware of it.

hi i am investing money be half of cradit card loan. i hve 7 check clear but 8th till waiting for clearing. all members of company not given proper information n not pick our call. any body who knows abt the company's future plane, plz give detail on my mobile -[protected].plz help me . not only me help all members who invest in this copamy
manoj rajoria
[protected]

pls wait for 15 oct see onword going what is dec for city cherm then all our invester take action for leagali

i think they have fraud alot people who have invested in this scheme by media report they are saying something different not proper information they provide to the people who have inveted soon they have to come out with solution to save our hard money.

Hi, I don't think that any compromise would take place. In my view only Court is the only way by which we can recover our money. You can think there are approximately 4.5 lakhs investors. Company has called the meeting on 14th at some school which is very congested area like chandni chowk in Delhi for bombay investors its ok, but for other cities i don't think it would help. Company is saying that they don't have any list because their list is in computer and computer is sealed by the Police. In any case if you reached at BOmbay in the crowd of thousands of people how can they start compromise talk or if few people reached there then they would show to the court that these are few people and we have compromised the issue. I don't think company has sufficient amount to clear all 4.5 lakh persons. In any case if you don't go there who will represent you there. They have called the meeting of A and B category creditors. criteria of category is not mentioned. One thing more investors are unsecured creditors i.e. i think B category. A category persons are those who have shares or equity etc., in the company. In all these situation the only way i thought is to represent before the Court that we are the investors and we want our money back with interest. If that fails we have another option.

Thanks

Dhiraj
[protected]

dear all, i am a student, i am also an investor of this company. i invested 30, 000 rupees in this company and they promised to give me 1800 rupees for 3 years.and i thought that this would be my pocket money during my studies. now i dont know what happened in this company, but if something happened in positive way pls let me know pls. and tell me how to get about this situation exactly.

Dear Investors,

Please see the past record of the Company. Don't get panic. Give some time to the Company. They are trying to solve this problem. Don't sread rumours.

Hello,

This is parthiban from chennai. As per the court, meeting could be held on 15th october at wilson school ground mumbai. It is not possible to appear by all the investors in mumbai on the same date. Court has to conduct meeting in all the places where they have run their office. Then only we will be able to submit our details along with xerox copies and all. So it could be better to conduct the meeting at all the places on the same date or some other date in prior to that. We need our hard earned money to be back at the earliest with bank interest. Court and government have to take hard and tough action in this regard with out any impartiallity to get back our money at the earliest. some of the investors status are so panic and they are at the end stage of life due to their investment in this fraud company.

Parthiban,
Investor from chennai.
[protected].

Hi,
I am also a victim of City limouzines and invested some amount out of which I have received Appx. 30 percrcent back. Rest God only knows because i receive twice SMS that it will be cleared by 7th Sep after that no information and office at Bangalore is closed. Pl let me know if some one have any information. [protected]