A complaint has been filed with the Crime Branch against a chit fund (Vishi) manager, Jitendra Prajapati, who allegedly fled with ₹34 lakh in cash.
Jitendra Prajapati was working at a jeweller’s shop in Kalupur, Ahmedabad, owned by Ketan Thakkar, a resident of Anandnagar, Ahmedabad.
Thakkar has registered a complaint against Prajapati for fleeing with ₹34.40 lakh.
Thakkar and Prajapati had started a chit fund to raise money to support their businesses. In this regard, Prajapati used to collect money from business associates and send text messages to members. Previously, he had managed two chit funds of ₹24 lakh and ₹36 lakh, and in June 2024, Thakkar and Prajapati started a third chit fund, also for ₹36 lakh, as a partnership. Ketan had paid two installments into this chit fund.
In addition, Prajapati, had provided loans of ₹29 lakh and ₹5.34 lakh in two installments through the chit fund. He also held the deposits of the chit fund.
On the afternoon of August 2, Prajapati left for home, claiming that he was unwell. However, when he did not show up at the shop the next day and his mobile phone was switched off, Thakkar grew suspicious and filed a complaint.