Citi's troubles are mounting. A third high net-worth individual (HNI) has filed a complaint against Citibank in the fraud case. OKS Pan-Tech claims that it invested Rs 2 crore in the Citi fraud scheme. The company has therefore sent a legal notice to the bank's Gurgaon branch, asking for a refund.
Puri sold short-term deposit scheme at a monthly interest of 12.55% and the money was invested from June 2010 and re-invested till December 31. On account of this, OKS got Rs 2.5 lakh as interest from June to November 2010. In mid-December, Puri told OKS that the scheme has been discontinued adding that it was impossible to renew the deposit plan.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
