Citibank manager’s parents summoned by police
By IANSTuesday, January 4, 2011
GURGAON - Raghuraj and Deeksha Puri, parents of Citibank manager Shivraj Puri who is accused of masterminding a Rs.300 crore fraud, were summoned by the police Tuesday to help in the investigations, police said.
Gurgaon Police Commissioner S.S. Deswal Tuesday sent a letter to Raghuraj’s Mumbai-based company Normans Martin as the parents remain untraceable, said a police officer, requesting anonymity.
The police also unearthed eight accounts of the company in Citibank’s Gurgaon branch, the police officer added.
Working as a relationship manager, Shivraj allegedly cheated investors by asking them to deposit money into accounts managed by him, promising to invest it in schemes that offer very high interest within a short span of time.
Puri reportedly managed to con companies and high net worth individuals after forging Securities and Exchange Board of India (SEBI) documents backing his claims.
