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#RealtyNXTReel | Bollywood actors Shreyas Talpade and Alok Nath have been named among 22 accused in a ₹5 crore investment fraud linked to Loni Urban Multi-State Credit & Thrift Co-operative Society Ltd. The company allegedly duped over 500 investors by promising to double their money in five years. Promotional videos featuring the actors reportedly built credibility, convincing many small-town investors to trust the scheme.
Police say the company vanished after collecting crores, leaving investors stranded. While Alok Nath has received interim protection from arrest, investigations continue to trace the missing funds and key conspirators. The case serves as a crucial reminder that celebrity endorsements don’t guarantee credibility, investors must always verify facts before trusting familiar faces.
[Bollywood, Scam, Fraud, Investment, Police, FIR, Actors, Trust, Money, Endorsement]
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