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Insight city cabs fraud
Insight City Cabs
INSIGHT CITY CABS.
INSIGHT HOSPITALITY SERVICES.
Insight City cabs and Insight hospitality services were running under the group Insight service limited , they encouraged investments in their plans saying that they invest in cabs (vehicles) and hospitality industry, they claimed to have so many cabs running under their fleet management service and tie ups with so many businesses.
Plans were like invest Rs.130000 and get a return of 7875 per month and a resale value of Rs. 70000 at the term end of five years
They were giving a monthly return of more than 5% per month.
But since 30th April their offices are closed and there employees and customers were told that there is a week off because of sudden death of some senior person in the company, but on furthur inquiry it is found that company has flewd away with crores of ruppees estimated to be around 20 crores or more.
Please post any updates and your suggetions or complaints here about insight city cabs and get together to fight this scam.