Six executives of Sterling Holidays, including the managing director and chief executive officer, have been booked by the Entrustment Document Fraud (EDF) wing of the Central Crime Branch on charges of Cheating and Criminal Conspiracy. This action follows a complaint by Velmurugan, founder of Tamizhaga Vazhvurimai Katchi (TVK), who alleges that the company failed to honor the benefits of his lifetime membership, resulting in widespread deceit of multiple members.
6 Executives Booked for Fraud: Cheating and Criminal Conspiracy
TNN / Jun 7, 2024, 04:16 IST
Chennai: The Entrustment Document Fraud (EDF) wing of the Central Crime Branch has booked six board members of Sterling Holidays on charges of cheating. This action, taken on Thursday, follows a complaint filed by Velmurugan, founder of Tamizhaga Vazhvurimai Katchi (TVK).
Velmurugan claimed that he obtained a lifetime membership from Sterling Holidays, for which he paid a sum of ₹7.5 lakh. One of the key benefits of this membership was the promise of 15 days of free stay at any of the company’s resorts across the country each year. Velmurugan stated that he used this benefit for a five-day stay at Sterling Holidays’ Munnar resort in 2019. However, he alleged that he was denied free stays at their resorts for the subsequent five years.
In his complaint, Velmurugan accused Sterling Holidays of defrauding him and many other members in a similar manner. He asserted that the company had engaged in a systematic pattern of deceit and betrayal of trust.
Based on his allegations, the EDF has registered a case against the managing director and chief executive officer, Vikram Dayal Lalvani, along with other executives: Latha Ramanathan, Madhavan K Menon, Sumit Maheswari, Pravir Kumar Vohra, and Chithra. The charges filed include cheating, criminal breach of trust, and criminal conspiracy.
Related Articles
Vijay, as a Leader of ‘Tamizhaga Vetri Kazhagam’, Wishes Pawan Kalyan on His Victory in Elections!
Actor Pawan Kalyan won the 2024 Lok Sabha Elections from Pithampur, Andhra Pradesh, with a significant lead. Many Tollywood stars congratulated him on social media.
Online Fraudsters Cheat Coimbatore Bank Branch Manager of ₹48.57 Lakh
J Krishnaraj lost ₹48.57 lakh to online fraudsters through WhatsApp calls. The Bank of Baroda manager fell victim to a trading investment scam. He reported the scam to the national cybercrime portal. Coimbatore police assisted him in filing a case under IPC sections 419 and 420.
Court Rejects Bail Application of Criminal Conspiracy Accused
Additional sessions judge Pramod Kumar IV dismissed the anticipatory bail application of Sarvesh Singh. The complainant, Raj Narayan, accused Sarvesh Singh of promising job appointments in the Railways in exchange for money. Singh allegedly collected funds and arranged fake job appointments at Gorakhpur and Howrah.
