Meghalaya Govt issues notice to NBFCs for fraud

SHILLONG, Dec 17 – The Meghalaya Government has issued notices to several non-banking financial companies (NBFCs) operating in Jaintia Hills district for allegedly duping investors of crores of rupees.

“We have issued notices to five NBFCs operating in Jaintia Hills,” Deputy Commissioner T Dkhar said.

“The district administrator was acting on complaints received from several people who were lured into investing huge amounts of money into these companies,” he said. – PTI

Source: Assam Tribune

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