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WHEN 13 LAKH INVESTORS WILL GET THE REFUND?

UNMESH GUJARATHI
SPROUTS BRAND STORY

Around 13 lakh Investors who are victims of the Samruddha Jeevan Multi-State Multi Purpose Cooperative Society’s alleged chit fund scam worth Rs 3,500 crore, are yet to get even a single paisa as refund even after the arrest of its kingpin in 2015.

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An auto rickshaw driver from Pune, Mahesh Motewar scripted a new black history in the corporate sector and floated a chit fund company- Samruddha Jeevan Multi State Multi Purpose Co-Operative Society (SJMMCSL).

Mahesh Motewar : तब और अब

Motewar, the chairman and managing director of the multi-crore collective investment scheme company “Samruddha Jeevan Group”, and “Samruddha Jeevan Foods India Limited”, who is languishing in jail along with 16 others, doled out huge donations to almost all political parties. Offering attractive return on investment, Motewar collected over Rs 3,700 crore from gullible investors.

He was arrested in 2015 and has been languishing in jail for the past nearly 7 years. The documents related to the scam have been seized and his properties have been sealed. But the investors have not received a single rupee. The Govt and Opposition is keeping quiet for obvious reasons and vested interest.

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Motewar is in Beed jail

Motewar was taken into custody by Beed city police, from the Rajkot Central jail of Gujarat on November 17. He was granted police custody for 7 days on November 19 by the court. Totally 28 offences have been registered against Motewar in 22 states.

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Handcuff Kumar Ketkar too !

Motewar set up the Samruddha Jeevan Multi State Multi Purpose Co-Operative Society (SJMMCSL) and collected money from over 13 lakh ordinary people. He appointed many so-called corporate management Gurus to boost the image of his company. In addition he set up “Live India” TV news channel and started “Mi Marathi Live” newspaper.

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The Rajya Sabha member (nominated by Congress) and senior Journalist Kumar Ketkar, former Shiv Sena MP Bharatkumar Raut and Journalist Nikhil Wagle were part of Motewar’s “Think Tank”. Ketkar heaped praises on Motewar as most successful entrepreneur in several interviews. Ketkar also managed to obtain a bogus PhD for Motewar. He also openly appealed to common men to invest in Motewar’s bogus chit fund company. But no action was taken against all these “conspirators”.

Political parties and Govt machinery is silent

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Today Motewar is in jail. His alleged two wives- Leena and Vaishali and his girl friend Supriya Kanse are also in jail. But the directors of his company like Ketkar are moving with prestige in society. The investors are helpless, there is no one to protect them. Due to financial settlements, Government agencies are docile. The condition of hundreds of agents and investors is pitiable. Several agents and investors have committed suicide. However the Modi Government is silent and even the Opposition is in a deep slumber.

In view of this, the Sprouts’ SIT team has demanded that all the directors of the Samruddha Group of Companies be arrested and their properties frozen under the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 1999.

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Unmesh Gujarathi
Editor in Chief
sproutsnews dot com

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37 Comments

37 Comments

  1. krushna chandra patra

    March 9, 2022 at 7:43 am

    sir namaskar mera mean Krishna chandra patra mob no 9337344019 pin no761041 mene samrudhi jivan company me mera or logoka 12 se 15 lakh bandhake mera jindegi nark se bhi jyada kharap hogaya he . sir mene apese riquaste kartahu mujhe ese nark se uddhar kare .

    • Nitin c

      April 11, 2022 at 8:26 am

      Dear government pleas help us in samrudh jivan scam

      • Santosh Singh

        October 6, 2023 at 4:53 pm

        I am also invested 50,000 but waiting since 2016, request government to look into it.

  2. Nirupama soi

    April 1, 2022 at 1:01 pm

    Sir namaste Mera naam Nirupama soi
    Gajapati Odisha.mene bahut sare logon ka paisa bandhvaya hai .7 years hogaya.har din mera ghar ke pass aakar apne paise ko dene ke liye kehte hain.kahan se aayega Paisa .paisa to company’ me investment hogaya..apni gujara karne ke liye isme samil hogayi .me mar kar bhi nahi Chuka sakti.please meri roj ki pareshani se mukta kijiye.

  3. Manoj M

    May 17, 2022 at 11:04 am

    Government,Please help to my father becouse he is every day got torcher from inverters, i cannot see my father every day
    Please refund the money , still I can’t do anything, becouse iam 15 years old boy

    • Amit

      July 6, 2022 at 12:02 pm

      Please sbhi ke paise return kro. 5 year me double hote the yeha pe ab to double ke double ho gye honge .

      Please jitna invest Kiya whi return kr do, interest nhi chahiye.

      • Sachin

        September 3, 2022 at 10:27 pm

        Agar Government ko chinta hai to vo har invester ka paisa ek mahine me de sakati hai…lekin Government is not trying to solve this issue. God is looking all these things. He will definitely give money of all investors.
        I really feeling very shame on those who are not interested to solve this issue.
        I don’t know why Government is not helping to solve this problem?

        • Barun Kumar Kumar

          December 25, 2022 at 1:22 pm

          Modi ji ajent ko aur company dono ko barbad kar diya hai pata kya karana chahate hai desh ka king vahi ho sakata hai jo sabhi ka kast ko samjhe pata nahi kitane bekasur log marenge jal se jald iska nidan kijiye shree ram

  4. Gaurav Chaudhari

    June 8, 2022 at 11:54 pm

    Any more information related this case in 2022 ? It’s already more than 6 to 7 years now

  5. Kalavathy S

    June 20, 2022 at 2:38 pm

    Kalavathy S, residing in Pune mobile 9421344245, I am very much a senior citizen with heart related diseases and a diabetic, when can I get refund from Samvruddha Jeevan multi state multi-purpose cooperative society? Request guidance to get back my lakh rupees.

  6. Kiran Vitthalrao Kamdi

    August 17, 2022 at 2:27 pm

    Hello Sir
    Mera Naam Kiran Kamdi Ghatanji Dist Yavatmal Maharashtra se hu.mo no.9834186596 .30 te 40 customer ke paise hai.maine kuch logo ke paise diye par bahut baki hai.turant refund chalu kardo .meri zindgi narak singi gayi hai har roj customer paise ki Lia ate hai please help government.

    • Prashant LAAD

      August 4, 2023 at 10:15 pm

      Koi chance hain refund ka

  7. Sachin

    September 3, 2022 at 10:27 pm

    Agar Government ko chinta hai to vo har invester ka paisa ek mahine me de sakati hai…lekin Government is not trying to solve this issue. God is looking all these things. He will definitely give money of all investors.
    I really feeling very shame on those who are not interested to solve this issue.
    I don’t know why Government is not helping to solve this problem?

  8. Shahdeen tarannum

    December 29, 2022 at 6:48 pm

    Sir meri bahan ki shadi hai… Or meri family main ab mere papa v jobless hain… I have no other income.. Kaha gya tha 5 saal main double ho jayega…avi tk ek rupee nhi mila hai..plzz request hai mjhe mere papa ka total amout wapas chaiye… Main bihar,patna se hu… Humlog 2 saal se kafi prblm main phase hain…hmari life bdl jayegi..meri bhn ki shadi ho jayegi

    • Ankita khedkar

      October 10, 2023 at 1:04 pm

      My husband also invested 1lakh rupees s.we need our money back . Please sir we are waiting since 8years .no reply we get yet.

      • Suchita N. Shetti

        November 25, 2023 at 11:29 am

        I have invested Eight Lakh rupees in Samrudhi Jeevan. I have invested all my money for better return basis. But now I am waiting for return money with interest.

      • Suchita N. Shetti

        November 25, 2023 at 11:34 am

        I have invested Eight Lakh rupees in Samrudhi Jeevan. I have invested all my money for better return basis. But now I am waiting for return money with interest.No one will help me in financial . Government. Must take care in this Metter and should help to get investment amount back to investers.

  9. RANGNATH SUDAM JORE

    February 2, 2023 at 3:28 pm

    Sir,
    I am Rangnath Jore, I would like to state that, in this big scam all middle class peoples are affected very badly and no one showing interest to solve this issue. on behalf of all Investor I am requesting to authority concern to please look into this matter very seriously and get it solved once for ever. Authority can do this work only. Now about 7 years have been passed. Government has appointed liquidator to sell all his property and Refund the Amount to all Investors. but what happened God knows, nothing is get materialized yet. I am requesting to do the needful in this matter and oblige.

    • Bhanu dwivedi

      April 5, 2023 at 9:16 am

      हैलो सर मैंने भानु द्विवेदी लखनऊ से सर मेरा 5 लाख रुपया है मेरा पैसा कब तक आएगा सर आपसे अनुरोध है और सरकार से भी अनुरोध है कि जलद से जलाद मेरा पैसे दिलाने के लिए कोई कदम उठाया आपकी बहुत क्रापा होगी

  10. Prabhakar Kerkar

    February 8, 2023 at 9:57 pm

    Sir,
    I am Prabhakar Kerkar and my wife Priyanka Kerkar agent of Samrudha jeevan. Investor are from around our society and presently coming to claim their investment at my door. I have already paid to some of the investors. I don’t no how the same to be claimed from SJ. Please advise what documents to be obtained from the investors.
    My mail ID [email protected]
    Pl. respond.

    • Suman kumar rao

      March 14, 2023 at 4:59 pm

      I am suman kumar rao .I was the member of samriddhi jeevan multi purpuse co operative society ltd company. I invest money of several people .all person troubled me .bolts hai paisa do nahi to Rasta men chalna Muslim par dengue. Ek bar to mera motorcycle chin liye the. Please request the government ham helpless ka paisa delvaiye aur mere investor ka bhi paisa self and ki kid is kijiye please.

  11. Suman kumar rao

    March 14, 2023 at 5:00 pm

    I am suman kumar rao .I was the member of samriddhi jeevan multi purpuse co operative society ltd company. I invest money of several people .all person troubled me .bolts hai paisa do nahi to Rasta men chalna Muslim par dengue. Ek bar to mera motorcycle chin liye the. Please request the government ham helpless ka paisa delvaiye aur mere investor ka bhi paisa self and ki kid is kijiye please.

  12. भानु द्विवेदी

    April 5, 2023 at 9:02 am

    हैलो सर मेरा पैसा 5 लाख है मेरा पैसा कब तक आएगा सर आपसे अनुरोध है और सरकार से भी अनुरोध है कि जलद से जलाद मेरा पैसे दिलाने के लिए कोई कदम उठाया आपकी बहुत क्रापा होगी

  13. भानु द्विवेदी

    April 5, 2023 at 9:08 am

    हैलो सर मैंने भानु द्विवेदी लखनऊ से सर मेरा 5 लाख रुपया है मेरा पैसा कब तक आएगा सर आपसे अनुरोध है और सरकार से भी अनुरोध है कि जलद से जलाद मेरा पैसे दिलाने के लिए कोई कदम उठाया आपकी बहुत क्रापा होगी

  14. Nithesh B M

    May 1, 2023 at 7:32 am

    Hi everyone This is Nithesh from Bangalore. Even my mother Invested 1.4 lakhs rupees in this scam, we needed to find the solution for this one that’s why I am creating a WhatsApp group please join this one Mobile number 9900199074
    https://chat.whatsapp.com/FtYG4APEdHU22S82FxGRd0

  15. Vaishali Tambve

    May 9, 2023 at 10:57 pm

    We can unite and fight for our money…we can make pressure on govt to return the money..plz unite and do hard… Write request letter to CM for taking action on this.. my father has invested his all retirement money in this ..we must stand together..make group for this
    9730073302

  16. Vaishali Tambve

    May 10, 2023 at 10:10 pm

    Follow this link for what’s app group

    https://chat.whatsapp.com/FZjtxpeG67EAQUh32V6WEe

  17. Manoj Kumar

    May 21, 2023 at 2:33 pm

    Kya sarkar aur sabi logo ka paise nahi lotana chati hai kya. Court kyo logo ke paise ko rok kar baithe ha.

  18. Gangadhar singh

    May 29, 2023 at 7:15 pm

    Dear sir I am Gangadhar singh from Khagaria Bihar I have invested in Samruddha Jeevan co operative society total 5 lakh rupees from 2011to 2016 .But yet not refunded
    any amount by the company to me.Please help me.

  19. Basavantappa Badiger

    June 1, 2023 at 12:54 pm

    Sir,
    I am Basavantappa Badiger agent of Samrudha jeevan. Investor are from around our society and presently coming to claim their investment at my door. I have already paid to some of the investors. I don’t no how the same to be claimed from SJ. Please advise what documents to be obtained from the investors.
    My mail ID
    Pl. respond.
    mobile no .6364076681/8496886650

  20. Sandip kumar singh

    June 3, 2023 at 1:53 pm

    Sir,
    I was agent, and i have deposited
    Approx 2 Lacks in this Samrudh jeevan foods India limited of different Customer
    Now all are demanding rupees from me, kindly help, how the will get refund

  21. Santosh Singh

    July 20, 2023 at 8:01 pm

    I also invested 50000 in 2015 but still waiting for my amount. Requesting goverment to take this issue on priority.

  22. Santosh Thorat

    August 23, 2023 at 1:03 pm

    My Brother-In-Law’s Mother(Shobha Satpute) taken loan from Samrudha Jeevan Patpedhi Run by Mahesh Motewar in 2011. Flat was mortgage for Rs 6.5 Lakhs on year 2011.
    From 2011 to 2015 approximately Rs 4.5 Lakhs were paid to the patpedhi, some amount in cash and some amount by bank ECS. After the arrest of Mahesh Motewar ECS was stopped by bank.
    Rs 4.5 Lakhs paid till 2015, but not a single Rupee shown as Principal amount by patpedhi. They are saying all the money(Rs 4.5 Lakhs) is only Interest amount.
    Now Mahesh Motewar is out from Jail and harassing my Brother-In-Law family to pay Rs 18 Lakhs or will seize the Flat.

  23. Md sailani

    September 4, 2023 at 11:42 am

    Hello sir,am from telengana,my entire family invested amount in samrutha jeevan with many hopes ,but am hopeless,it’s very hard time we were going through,hard earned money,pls resolve issues asap.

  24. Vikas patil

    October 1, 2023 at 2:09 pm

    When I got my investment amount ?

  25. दिपाली chougule

    December 9, 2023 at 12:43 pm

    मी सादी खाजगी नौकरी करती हो मी ही पैसे गुंतवले आहे कधी मिळतील आम्ही आमचे पोट मारून पैसे भरलेत डबल येतील या भरवसा वर कधी मिळतील

  26. SANGEETHARAO Y

    January 13, 2024 at 9:43 am

    Good morning sir, I am sangeethrao from Karnataka, HUBLI. I am also invested in samruddhi jeevan last 8 years back still not reffended pls help me sir

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