1.22 crore fraud in Ludhiana in name of making fertilizer; Case filed against 11 people

March 12, 2026

A major investment scam involving vermicompost fertilizer production has been uncovered in Khanna, Ludhiana district, Punjab. The Cyber ​​Crime Police Station, Khanna, has registered a case against 11 accused, including five couples, for defrauding them of approximately ₹1.22 crore. The accused lured investors by promising them substantial and assured monthly profits.

Lifted Investments: Lure of High Returns

According to police, the accused posed as directors of several companies involved in fertilizer production and sales, encouraging people to invest. They claimed that their vermicompost fertilizer business was expanding rapidly and investors would reap substantial profits.

The case was registered following a complaint by Pankaj Kumar Gautam, a resident of Shaheed Bhagat Singh Nagar, Doraha.

Case filed against these accused
The individuals against whom the police have filed a case include Kapil Sharma and his wife Monica Sharma (Sahibzada Ajit Singh Nagar), Onkar Singh and his wife Mandeep Kaur (Basant Avenue, Dugri, Ludhiana), Ajit Singh and his wife Kulwinder Kaur (Kharar), Vikas Malik and his wife Anuradha Malik (Moradabad, Uttar Pradesh), Parveen Kumar and his wife Deepri (Moradabad), and their associate DP Thakur.

Raised 1.94 Crore Rupees, Embezzled 1.22 Crore Rupees
Police investigation revealed that the accused collected approximately 1.94 Crore Rupees from investors. Of this, approximately 72.47 Lakh Rupees were returned without any profit, while 1.22 Crore Rupees were embezzled.

Money invested in Cryptocurrency
Police suspect that some of the fraudulent funds were invested in cryptocurrency, while the remaining amount was transferred to the accounts of family members and associates.

The accused did not participate in the investigation.
According to the investigating officer, a case has been registered against the accused under sections 406, 409, 420, 120-B of the Indian Penal Code and section 66-D of the Information Technology Act. The police summoned them several times to join the investigation, but they did not appear.

The police say that the investigation is ongoing and further legal action will be taken against the accused soon.