GREEN RAY INTERNATIONAL LIMITED — FRAUD COMPANY

With preliminary investigation by the police into multi-crore scam by Green Ray International, a non-banking financial company (NBFC), revealing its connection with Dubai and Nigeria, the case was handed over to the Crime Branch of police on Thursday.

Police had earlier raided offices of the company at five places in Balasore district. The company is learnt to have its offices in Dubai and Nigeria.

Floated by Mir Sahiruddin, Khalik Saha, Ayub Saha and Mir Tahiruddin of Jaleswar in the district as a private limited company in 2004, the firm now has a turnover of over Rs 2, 000 crore. While Sahiruddin is Managing Director of the company, the rest are its directors.

Initially started as a gold and silver trading company, it diversified into pharmaceuticals, cosmetics and garments. Besides Odisha, it has business in West Bengal, Andhra Pradesh, Tamilnadu, Jharkhand, Chhattisgarh, Bihar, Uttar Pradesh, Madhya Pradesh, Gujarat, Haryana, Maharashtra, Goa, New Delhi, Mumbai and Dehradun.

Police said a primary school dropout, Sahiruddin started the company after he returned from Mumbai, where he is suspected to have come in contact with the underworld. The company has its corporate office at Lajpat Nagar in New Delhi and registered office at Jaleswar here.

“Sahiruddin belongs to a poor family. But surprisingly in the last one decade, he has become a man of crores. He used to visit Dubai and Nigeria after his company flourished in India. He was in the process of taking a gold mine on lease in Nigeria prior to the raids, ” police said.

Investigations revealed that the company had most of its agents and depositors from the minority community and opened its offices mostly in minority populated areas. The company used to collect money through some ‘maulvis’ while its authorities won the trust of ‘maulvis’ by setting up madrasas and funding huge amount for religious activities.

An investigating official said the company had promised investors a monthly dividend of Rs 2, 000 against each fixed deposit of Rs1 lakh. The company had collected Rs 320 crore in 2012-13 and Rs 196 crore in 2011-12.

“Not a single of its schemes has legal authorisation. What the company did was just to cheat gullible people. We are seriously looking into the possible complicity of the operatives o[censored]nderworld in the chit fund scam, ” the official added.

So far, five cases have been registered against the company and its eight employees, including zonal manager, chief accountant and computer operators arrested. Meanwhile, a three-member team of Crime Branch, led by ASP Gopabandhu Pati, arrived here to investigate the company’s fraudulent activities.
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Respected Customer,


We are glad to inform you that, at first, its need to be a documentary proof to take further action which is complaint by you to claim such thing. And we request you to submit the documents or Online Generated Customer Code which is provide by The Company.


Regards

Dear Naveen,

Till now you have not submitted any documentary proof. So how can you blame ?

Its our request to delete this valueless post/comment.


Best Regards

Dear Naveen,

How can you blame like this without any proof ? Its not a procedure to write anything in any where. If you have to compare with other fraud company then please show us the proof, otherwise delete your comment.

Respected Naveen Verma,
Please Documentary proof of your comment.i[censored] want receive your 2 Core 50 Lacs Please give me your Contact Number or Ur ID.
Otherwise Delete your Blame Minded Comment.

it is Realy bad Thing to do the Business, We request to Not For Govt Of Orissa But For Central Govt,
ShutDown The all NonBanking Financial Company allover india, These Company are Cheat Innocent Public,
Thanks

Don't blame the Green ray Company without any prove, so keep and wait for time, case on court after decision you can write or say any thing.

No body blame Green Ray International as Chit fund. Odisha govt close its office without any official verification and green ray did its business smoothly in odisha market without any complain from any customer as per it's trading terms and conditions and for that it has also refiled the case on odisha and Jharkhand govt and the result will come very soon.

Green Ray is the Highest looter in the country.Now operating from Dubai & Nigeria.No less than 41 thousand crores GreenRar looted more than 21 states of the Country.Started from Jaleswar Odisha now including Jammu & Kashmir & 20 other states of india.In Jammu & Kashmir the central chit fund act is not applicable.All related document is already sumbittted about the Ponzy Scam In THE HONOURABLE SUPREME COURT OF INDIA .

Very soon we will submit a writ petition against Green ray International Ltd.Prayinag to pay-back our hard-earned Money In THE HIGH COURT OF ODISHA .This company committed with an affidavit to give back money to Odis ha Investors. Till now nobody paid up.

this a forud company

If Green ray is not a fraud company, It was doing business directly with customers . after sealed the regd. office at Jaleswor where is the principal capital (money) now ? Why it could not pay-back the money to Odisha customers .Month after month, year after year is rolling on .

dont comment unneccesarily without any real proof...

Green Ray International Ltd. is a company which offers fantastic returns on its investments to customers, but recently from 2013 after its closure of Registered Office in Odisha things started to turn haywire. Suddenly things turned upside down and the remaining branches started to shut-off and their respective customers were stopped payment of their money without any notice. And till date i.e. September 2014 no sign whatsoever is there of our money nor any management of them is there to answer our queries.When we approach the agents they say things are under process and our money will soon be refunded, but this is happening from last 18 months. But to my surprise there are still some branches of this company operating in Muzzafarpur, Goa, Kolkata and doing their normal business. HOW ?? So if any of you planning to invest some money in this "dubious" company, then please be beware as the company is not operating legally and is under lot of court hassles.

my name is jeetendra my firm name hari om trading. green ray intentional cheated rs 1200000/ twelve lakh rs as security deposited .but company not return my mony .mir sahiruddin issue cheq rs 1000000/ ten lakh bank oriental bank of comerce. bank return chea in sufficient fund.no body entertain any phone e mail cheater name mir sahiruddin, khalik saha/mr sahay, mr prabhat ad his n sm .i logde case against

y name is jeetendra my firm name hari om trading. green ray intentional
cheated rs 1200000/ twelve lakh rs as security deposited .but company
not return my mony .mir sahiruddin issue cheq rs 1000000/ ten lakh bank
oriental bank of comerce. bank return chea in sufficient fund.no body
entertain any phone e mail cheater name mir sahiruddin, khalik saha/mr
sahay, mr prabhat ad his n sm .i logde case against

Still we did not receive our money the customers are harassing the agents for their money. Agents are helpless. The branch managers are hiding and offices shut down.

A TERRORIST'S COMPANT

A CHEATER'S COMPANY. ALL DIRECTORS ARE MUSLIM. TERRORIST.

my name is naved, i was invest 50, 000 thousands in green ray international LTd.
but comapny doest not return money please help me sir
i have proof passbook and all deposite voucher, my mobile number is [protected]

I am Maqsood Alam Habibi from Bhadohi (U.P.).
I was also working with Green Ray International Ltd. as a agent (Agency Code: UPV 7994).
Attached my agent ID card.
My Agent Code is UtVMZ[protected].

Mera bhi lakho rupaye fasa hua hai, jin jin ka rupaya meine Green Ray me jama karwaya tha ab we sab apna rupaya wapas mang rage hai.
Please help me.

Aur mujhe mera paisa wapas dilaye taki me apna aur jinka rupaya jama karaye hain unhe wapas kar sakein.

Best Regards
Maqsood Alam Habibi
Bhadohi (U.P.)