The Economic Offences Wing (EOW) of the police has received complaints from 1,554 more investors against Coimbatore-based Universal Trading Solutions Pvt Ltd (UTS), which duped investors of hundreds of crore through Ponzi schemes.
The complaints against UTS were received in a petition camp organised by the EOW on Tuesday, as part of its ongoing investigation in the scam. The 1,554 petitioners accused the Coimbatore-based firm of having defrauded them of ₹125.94 crore.
According to the EOW, the petitioners came from Thiruvarur, Pudukottai, Tiruchi, Cuddalore, Ariyalur, Perambalur, Chennai, Tirunelveli, Madurai, Karur, the Nilgiris, Salem, Dharmapuri and Thanjavur in Tamil Nadu and from Pondicherry, Kerala and Karnataka.
