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Fraudulent company shut down in Tirinkot: Police

Fraudulent company shut down in Tirinkot: Police

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21 Jun 2022 - 16:00
Fraudulent company shut down in Tirinkot: Police
author avatar
21 Jun 2022 - 16:00

TIRINKOT (Pajhwok): Acting on a court order, police stopped a fraudulent company from operating in central Uruzgan province after deceiving people by promising false profit in return for money.

The company named Afghan Noor Muttaqi had been operating in Tirinkot, the provincial capital, receiving 35,000 afghanis per person.

Uruzgan police chief Mullah Abdullah Bashir told Pajhwok Afghan News the company was wound up as per orders of the court following people’s complaints.

He said a number of people had approached the governor’s house complaining that the Afghan Noor Muttaqi company had taken money from them. The governor’s house then referred the matter to the appellate court. The court, after an investigation, ordered the company to cease operations.

The police chief said the court had declared activities of the company illegal and officials of the company guilty of taking money from people through fraud.

Bashir said information they had received showed the company had taken money from 300 people, amounting to tens of thousands of afghanis.

He said the company induced its clients that they would do business with their money abroad and the money would be returned to them with a profit.

However, the company did not provide any guarantee of returning the money or in case of loss. Mullah Bashir said actual officials of the company had fled but a number of individuals had been arrested in order to force the actual officials to return and give back money to the victims.

Pajhwok tried to talk with the company officials but did not succeed.  However, those who paid money to the company said they had been deceived.

Farid Ahmad, a resident of Tirinkot's second security district, told Pajhwok Afghan News he had paid 35,000 afghanis at the behest of his brother-in-law to join the company a month ago.

He added that the company had not provided any documents in return for the payment, but some were offered low-cost watches and cell phones as collateral.

According to him, the company had hired a number of people against salaries, who would encourage people to give their money to the company and earn profit.

Some other residents of Uruzgan made similar comments to Pajhwok and demanded legal action against the company and refund of their money.

This is the first time a company has been shut down in the province over fraud and deception.

ma

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