To,
The Chief Justice of India
Supreme Court of India
Re: Heera Group Scam Case
We have been following the investigations and court proceedings in almost all the cases registered against the
CEO of Heera Group of Companies and we am extremely disheartened by the way of
its progress. We have lost our hard-earned money and look up to this honorable
court as our final hope for justice. We are listing below a few points for this honorable court to take cognizance of in
the interest of all the investors of Heera Group of Companies:
OUR OBJECTIONS TO THE SUBMISSIONS OF THE PETITIONER (NOWHERA SHAIKH):
1. In the LIST OF DATES AND EVENTS (section tagged 1998), I object to the
following submissions:
a) That Nowhera Shaikh is a highly educated
woman; false.
b) That the name of the madrassa is Gamiyan
Iswan; it is Jamiat un Niswa As Salaf, abbreviated JNAS.
c) That the petitioner has started textile and
jewelry business in 1998 is false and it is general knowledge that the first
company to be registered as Nowhera Shaikh as director was not before 2009.
2. In the LIST OF DATES AND EVENTS (section tagged 12.11.2017), I object
to the following submissions:
a) That the company has been paying dividends to
its customers for the last 15 years without fail; false and cannot be proven or
submitted in this honorable court by Heera Group or anybody associated with it;
the first registration of any of the company under the banner of Heera Group was
not before the year 2009.
b) That the petition decided to pay dividends on
quarterly basis and not monthly basis as empowered by terms and condition
contracted between company and investor; there was no standard Term and
Condition document ever issued and never was one made available online, and
investigating agencies have made submissions after investigation that the
company did not have the necessary permission from RBI or other Government
bodies to take in investment from the public, also cited in the order by
Justice Shamim Akhtar of Telangana High Court.
FACTS OF THE CASE KNOWN TO US:
Going through the petition,
the petitioner is addressing us as Customers and then as Investors, and have
used the word Dividends, which is a discrepancy in composition that should be
questioned.
1. The first company registered under the banner
of Heera group of companies was done not before the year 2009; same is also
admitted by the petitioner in this court.
2. The petitioner and company had issued
Shareholding Certificates to its investors from the year 2009 to the year 2012.
The petitioner and company issued Membership Certificates to its investors from
the year 2012 to 2014. A video uploaded in the official YouTube channel of the
Petitioner named Heera Group Official, shows video proof of a share
certificate. There is an investors’
study that I request this honorable court to check – Title: How did Heera Group cheat us: https://www.youtube.com/watch?v=1FidA5aQkQU A detailed
study of the internal functioning of Heera Group.
3. That the Heera Group of Companies were having
about 74 branches across the Country and abroad and engaged more than 430 Marketing
Executives (MEs) and over a 1000 Direct Selling Agents (DSAs) in order to
collect the deposits from the prospective investors. These agents were trained to trick the
gullible investors.
4. That after the petitioner and company failed
to hand out dividends in the month of May 2018, several internal policy changes
were executed by the company despite which all investors including I gave the
company more time to resolve, and only after the company failed to pay the
dividends or return the capital against withdrawals submitted by over 10,000
investors, did the first FIR was registered in the month of September 2018 at
Banjara Hills Police Station.
5. That never did the petitioner claim political
conspiracy leading to downfall or loss to the company, but claimed so only
after the arrest of the petitioner in the Banjara Hills FIR. We investors were
told that the delay in paying the dividends were because of the overburdening
of company work due to GST.
6. That we have come to know that Heera Group
has changed Chartered Accountants on a yearly basis so as no one single
Chartered Accountant may know of the internal happenings of the
company/companies.
7. That we are now know that none of the company
under the Heera Group banner had any kind of legal permission to collect money
in the form of deposits or investments from the people.
8. That the total amount of investments taken in
per CCS report is around Rs. 5600 crores (Rupees Five Thousand Six Hundred
Crores) with lakhs of people affected, not only from the resident Indians but
also from NRIs and citizens of other countries, and Heera Group had opened more
than 240 bank accounts to take in these investments with the intent to confuse
the Income Tax Department and other authorities.
9. That Heera Group, its CEO, or anybody for
that matter has no submissions in any court cases registered against them of
any kind of “business on ground” as
their defense, and all the while Heera Group has been pleading for
investigation by a single authority with the sole intention of clubbing up all
cases and expecting bail, and that Heera Group has no intention to pay back our
money as they had the intention to cheat from the beginning of its
establishment, “no business on ground.”
LACK ON PROSECUTION AND PROGRESS IN INVESTIGATION:
1. Out of the 33 accused in
all cases against the petitioner and company, only 4 have been arrested and
prosecuted.
2. CCS has submitted that
SFIO is already helping CCS with the case in the affidavits submitted to
Telangana High Court.
3. None of the promoters have
been prosecuted or named as accused in any of the FIRs:
a) Aqil Jeddah - Links
b) Meraj Rabbani - Links.
c) Jalaluddin Qasmi - Links.
d) Arshad Basheer Madani -
Links.
e) Dr. Shehnaz Shaikh.
4. That all of the current investigating
agencies have failed to prosecute any of Marketing Executives or Direct Selling
Agent even though it is it evident that they knew the ins and outs of the
company, today have made a fortune out of this scam, rendering most of the
investors poor and in debt.
OUR PLEA:
We are
dissatisfied by the pace and progress of the investigation undertaken by CCS,
Hyderabad, assisted by SFIO, and there ample information that establishes
foreign investments not only by Indian nationals but by citizens of other
countries; Pakistan, Bangladesh, Srilanka, to name a few:
1. Transfer the investigation
to CBI so that they find out the foreign investments taken in by Heera Group of
Companies and also find out the businesses operated by Heera Group in Gulf
countries as claimed by Heera Group; and so that the Ulema and religious
scholars who lured in susceptible people to invest their hard earned money into
various schemes floated by the several sham companies of the group, be
punished;
2. Liquidate the attached
properties as soon as possible as there are news that a couple of investors
have committed suicide and several of the investors are died already, and a
couple of investors have resorted to begging on the streets after investing all
their savings in this group who promised us Interest Free and Halal (Legal)
Trade.
Heera Group has agreed to liquidate - Jan 15, 2020,
Bombay High Court Order.
We urge the Supreme Court of India to take
note that Heera Group has been disposing off the properties not attached by all
existing investigating agencies, which is making most of us lose faith in the
police system. CCS, Mumbai EOW,
Karnataka Police, none of them have done satisfactory work in this case. Our only hope is that the investigation be
handed over to the Central Bureau of Investigations with a timeframe to
complete investigation as early as can be possible, with immediately
liquidation of the attached properties and monies in the bank accounts of Heera
Group of Companies, seized by the authorities.
Yours truly,
Victims of the Heera Group of Companies Scam
