Was cheated by partners: Owner of Ringing Bells

Noida: After he failed to deliver the mobile phones he had promised for just Rs 251, the director of Ringing Bells company has told police that 11 persons lured him on the pretext of giving him cheap mobile phones but later cheated him and duped him of his lifetime savings.

Noida Police said an FIR has been registered against the accused persons, based on the complaint received from Mohit Goel and are cross-verifying his claims, after which further action will be taken.

According to Goel, when he had launched the company, two persons Ashok Chadha and Kavita Chadha proposed to him to give them 50 per cent of the company's share so that they would advertise his phone.

"As I was new, I trusted on them and based in the assurance given by them to me, I made them the vice-president of the company and gave them 50% shares from my company. I trusted them and transferred all my saving which was of 3.27 crores into the accounts of their two more partners, Vikas Sharma and Rajni Agarwal," Goel said in his complaint.

However, Goel got only goods worth Rs 90 lakh and Sharma told him that the ship in which the rest of the goods were being imported had sank.

"Further, Chadha took me into confidence and said that he has spoken to another big company who will provide them goods worth Rs 50 to 100 crore per month. He told me that we will take advance from 100 distributors which we have created across the country and will invest in the company," Goel further stated.