Recommended Plan of Action for Falcon Invoice
Discounting (FID) Investors
Given the gravity of the fraud and the significant financial loss, investors should take a multi-
pronged approach involving legal action, regulatory escalation, and collective
representation to maximize the chances of fund recovery.
BACKGROUND
Falcon Invoice Discounting (FID), once promoted as a peer-to-peer invoice discounting
platform offering returns up to 22%, has been implicated in a large-scale financial fraud
affecting thousands of investors across India. The platform, operational since 2021, abruptly
halted payments in January 2025, leading to widespread concern among its investors.
Modus Operandi and Collapse:
FID purported to connect investors with businesses seeking short-term funding by offering
cash against invoices. However, investigations have revealed that the platform fabricated
vendor profiles and deals, creating an illusion of legitimate operations. The scheme collected
approximately ₹1,700 crore from around 6,979 investors, repaying only ₹850 crore. The
remaining ₹850 crore remains unpaid, with the scheme collapsing around January 15, 2025,
when promised returns were halted and the Hyderabad office was shut down.
Legal Actions and Arrests:
Authorities have taken action against FID's management. Two individuals, Pavan Kumar
(Vice President of Capital Protection Force Pvt Ltd and Business Head of FID) and Kavya N
(Director of Capital Protection Force Pvt Ltd and Falcon Capital Ventures Pvt Ltd), have
been arrested. The primary accused, Amardeep Kumar (Managing Director of Falcon Capital
Ventures Pvt Ltd), along with Aryan Singh (Chief Operating Officer) and Yogender Singh
(Chief Executive Officer), are currently absconding. The Cyberabad police have registered
cases under relevant sections of the Bharatiya Nyaya Sanhita and the Telangana State
Protection of Depositors of Financial Establishment Act, 1999.
Investor Response and Actions:
In response to the halted payments and emerging details of the fraud, investors have
organized themselves through various means:
- Online Communities: Investors have formed WhatsApp groups and participated in Reddit
discussions to share information and coordinate actions.
- Petitions: A petition on Change.org has been initiated, demanding a comprehensive
investigation into FID's operations and stricter regulations to prevent such frauds in the
future.
- Legal Measures: Many investors have approached law enforcement agencies, including the
Enforcement Directorate, and have filed First Information Reports (FIRs) to initiate legal
proceedings against the perpetrators.
Current Status:
As of now, the investigation is ongoing, with efforts focused on apprehending the remaining
accused and recovering the misappropriated funds. Investors are advised to stay connected
through verified channels, keep abreast of official updates, and continue to cooperate with
law enforcement agencies to facilitate the investigation and potential recovery of funds.
Immediate Steps (Legal & Law Enforcement)
1. File FIRs & Report to Authorities
Investors should immediately file First Information Reports (FIRs) with local police
stations, Cyberabad police, and Economic Offenses Wing (EOW).
If unable to visit in person, email complaints (with proof of investment) to respective
police stations.
Key authorities to report to:
• Cyberabad Police (jurisdiction of the fraud)
• Economic Offenses Wing (EOW)
• Serious Fraud Investigation Office (SFIO)
• Enforcement Directorate (ED)
• Reserve Bank of India (RBI)
• Securities and Exchange Board of India (SEBI)
• Ministry of Corporate Affairs (MCA)
Actionable: Provide investors with a standard complaint format containing:
• Full Name, PAN, Aadhaar
• Investment amount & transaction proof
• Agreement/contracts with FID
• Bank statements showing payments made
• Email communications from FID
• Promises made regarding returns
Collective Legal Action
2. Formation of an Association of Persons (AOP)
Investors should unite under a registered Association of Persons (AOP) to file a
collective lawsuit and act as a single legal entity.
An AOP will give legal standing to negotiate with authorities and file cases collectively,
rather than scattered individual complaints.
Actionable: Identify key investors to lead the association and onboard a legal team
experienced in financial fraud cases.
3. Civil Suit for Recovery (High Court/NCLT)
A Civil Suit for Recovery of Funds should be filed in an appropriate jurisdiction (Agra
or Hyderabad).
If Falcon Capital Ventures Pvt Ltd has assets, a corporate insolvency resolution
process (CIRP) can be initiated under the Insolvency and Bankruptcy Code (IBC), 2016,
through the National Company Law Tribunal (NCLT).
Actionable: Engage a top corporate law firm with experience in financial fraud cases.
Cost Factor: If costs are high, investors should crowdfund legal fees.
Regulatory & Government Intervention
4. Escalation to SFIO & ED (Forensic Investigation)
Serious Fraud Investigation Office (SFIO) should be petitioned to conduct a detailed
forensic audit of Falcon Capital Ventures Pvt Ltd.
The Enforcement Directorate (ED) should be involved to trace the money trail and
seize assets.
Actionable: Draft and submit a formal petition to SFIO & ED with investor signatories.
5. Petition to RBI, SEBI & MCA
Investors should push for regulatory action against Falcon Capital Ventures Pvt Ltd.
MCA should conduct a forensic audit of FID's financials.
Actionable: Change.org petition is a good start, but a formal representation to RBI,
SEBI & MCA will have more legal weight.
Recovery Strategy (Asset Seizure & Liquidation)
6. Identify Assets & Seek Court-Ordered Seizure
Identify real estate, bank accounts, and other movable assets linked to FID's
management.
Seek a court order to freeze these assets to prevent liquidation or siphoning of funds.
Actionable: Forensic auditors should be engaged to track fund movement.
Media & Public Awareness
7. National Media Coverage & Investor Advocacy
Engage news channels and financial journalists to keep pressure on authorities.
High-profile coverage in Economic Times, MoneyControl, NDTV, etc. will push
regulators to act faster.
Actionable: Investors should prepare a press release and engage media houses.
Suggested Plan of Action (Prioritized Execution)
Priority
Action
Key Authority
Mode
Step
1
File FIRs & Report to Cyberabad Police, EOW,
SFIO, and ED
Police, EOW, SFIO,
ED
Online & Offline
Step
2
Form an Association of Persons (AOP) Investor Group Legal Registration
Step
3
File Civil Suit for Recovery (NCLT if needed) High Court/NCLT Legal Filing
Step
4
Petition SFIO & ED for forensic investigation SFIO, ED
Formal
Representation
Step
5
Identify and Freeze Assets of FID Court Order Legal Action
Step
6
Engage National Media & Advocacy Groups Media, Investors Press Coverage
⚠ Key Risks & Challenges
Delay in Investigation – Authorities may take months to act unless there is strong legal
and media pressure.
Diversion of Funds – If the money has been moved offshore, ED intervention is crucial.
Legal Costs – Investors need a strategy to fund legal actions collectively.
Conclusion
To maximize fund recovery, investors must act swiftly and collectively through:
1. Filing complaints with law enforcement and financial regulators.
2. Forming a legal association (AOP) to consolidate efforts.
3. Pushing for asset seizure and a forensic financial investigation.
4. Utilizing media pressure to accelerate regulatory action.
5. Taking civil and NCLT legal actions to recover funds.
Urgent Next Steps: Start Step 1 (Legal Filings) and Step 2 (Association Formation)
immediately to prevent further delays.
Here are legal complaint drafts and petition templates that investors can use to report the
Falcon Invoice Discounting (FID) scam to law enforcement and financial regulators.
1. FIR COMPLAINT TEMPLATE
(For filing at local police station, Cyberabad Police, or Economic Offenses Wing)
To,
The Station House Officer,
[Police Station Name],
[City, State]
Subject: FIR Registration Against Falcon Invoice Discounting (FID) for Financial Fraud
Respected Sir/Madam,
I, [Your Full Name], residing at [Your Address], hereby file this complaint against Falcon
Invoice Discounting (FID), operated by Falcon Capital Ventures Pvt Ltd and Capital
Protection Force Pvt Ltd, for fraudulent financial activities leading to loss of investor funds.
Details of the Fraudulent Scheme:
1. Investment Details:
o I invested ₹[Amount] in Falcon Invoice Discounting (FID) through their
online platform on [Date].
o My investor ID/account number is [Investor ID].
o The promised return was [Percentage]% per annum, with a maturity date of
[Maturity Date].
2. Modus Operandi of the Fraud:
o FID claimed to connect investors with businesses needing invoice discounting.
o Later, it was revealed that vendor profiles and invoices were fabricated to
create an illusion of legitimate operations.
o In January 2025, the company stopped payments and shut down operations
abruptly, affecting 6,979 investors.
3. Financial Loss & Accused Persons:
o The total scam is estimated at ₹1,700 crore, out of which ₹850 crore remains
unpaid.
o The main accused are:
Amardeep Kumar (Managing Director) – Absconding
Aryan Singh (COO) – Absconding
Yogender Singh (CEO) – Absconding
Pavan Kumar (VP & Business Head) – Arrested
Kavya N (Director, Falcon Capital Ventures) – Arrested
4. Impact on Investors:
o Thousands of investors, including myself, have suffered severe financial
distress due to non-payment.
o Despite repeated attempts to contact FID, we have received no response from
management.
Legal Request:
I kindly request your office to:
Register an FIR under Bharatiya Nyaya Sanhita (BNS) & Telangana State Protection
of Depositors Act, 1999.
Investigate the money trail and misappropriated funds.
Freeze the assets & bank accounts of Falcon Capital Ventures Pvt Ltd.
Initiate arrests and legal action against the absconding accused.
I have attached supporting documents, including investment proofs, contracts, and email
communications. Kindly provide me with an FIR number for reference.
Thank you for your prompt action.
Sincerely,
[Your Name]
[Your Contact Details]
[Your Address]
2. PETITION TO SFIO &
ENFORCEMENT DIRECTORATE (ED)
(For requesting a forensic financial investigation)
To,
The Director,
Serious Fraud Investigation Office (SFIO)
Ministry of Corporate Affairs,
New Delhi – 110001
Subject: Request for Forensic Investigation into Falcon Invoice Discounting (FID) Financial
Fraud
Respected Sir/Madam,
We, the undersigned investors of Falcon Invoice Discounting (FID), operated by Falcon
Capital Ventures Pvt Ltd, request your urgent intervention in investigating and recovering
our funds.
Background of the Fraud:
• Falcon Invoice Discounting (FID) was marketed as a peer-to-peer invoice
discounting platform, promising returns up to 22% per annum.
• It collected ₹1,700 crore from 6,979 investors but has failed to return ₹850 crore
after halting payments in January 2025.
• Investigations reveal fabricated invoices and fictitious vendor profiles used to
deceive investors.
Key Accused Persons & Arrests:
• Amardeep Kumar (MD, Falcon Capital Ventures Pvt Ltd) – Absconding
• Aryan Singh (COO) – Absconding
• Yogender Singh (CEO) – Absconding
• Pavan Kumar (VP, Business Head) – Arrested
• Kavya N (Director, Falcon Capital Ventures) – Arrested
Legal & Financial Irregularities Identified:
Money Laundering & Diversion of Funds: Potential violation of Prevention of Money
Laundering Act (PMLA), 2002.
Corporate Fraud: False claims and fabricated financial statements in violation of
Companies Act, 2013.
Breach of Financial Regulations: FID operated a financial investment scheme
without RBI & SEBI authorization.
Request for Action:
Conduct a forensic financial audit of Falcon Capital Ventures Pvt Ltd & Capital
Protection Force Pvt Ltd.
Freeze all bank accounts and assets of the accused persons.
Issue Lookout Notices (LOCs) for the absconding accused to prevent them from fleeing
the country.
Investigate the money trail and initiate recovery proceedings for defrauded investors.
We seek your urgent action to recover investor funds and hold the perpetrators
accountable. We have attached investment records, contracts, and email correspondence as
evidence.
Sincerely,
[Investor Names & Signatures]
[Contact Details]
Attachment: List of affected investors with contact details.
3. PETITION TO RBI & SEBI
(For regulatory action and investor protection)
To,
The Governor,
Reserve Bank of India, Mumbai
&
The Chairman,
Securities and Exchange Board of India (SEBI), Mumbai
Subject: Urgent Need for Action Against Falcon Invoice Discounting (FID) for Violation of
Financial Regulations
Respected Sir/Madam,
We, the undersigned investors, seek immediate regulatory intervention against Falcon
Invoice Discounting (FID), operated by Falcon Capital Ventures Pvt Ltd, for illegal
financial activities.
Regulatory Violations Identified:
1. Unauthorized Financial Operations – FID operated a peer-to-peer lending model
without SEBI or RBI approval.
2. Deceptive Investment Scheme – Investors were promised fixed returns without
SEBI registration, violating SEBI (Collective Investment Schemes) Regulations,
1999.
3. Ponzi-Like Structure – Payments stopped after January 2025, affecting 6,979
investors.
Request for Action:
Blacklist & deregister Falcon Capital Ventures Pvt Ltd.
Direct freezing of accounts & assets to prevent further siphoning of funds.
Issue an advisory for stricter regulations on invoice discounting platforms.
We urge SEBI & RBI to act swiftly to prevent further investor losses and strengthen
regulatory safeguards for the future.
Sincerely,
[Investor Names & Signatures]
[Contact Details]
Attachment: List of affected investors.
Next Steps for Investors:
Step 1: File FIRs immediately using Template 1.
Step 2: Submit petitions to SFIO, ED, RBI & SEBI using Templates 2 & 3.
Step 3: Engage a legal team to file a civil recovery suit & NCLT case.
Here is a draft Association of Persons (AOP) formation document that investors can use
to establish a formal collective legal entity for pursuing legal action and fund recovery in the
Falcon Invoice Discounting (FID) scam.
ASSOCIATION OF PERSONS (AOP)
FORMATION AGREEMENT
(For collective legal representation of investors in Falcon Invoice Discounting fraud case)
THIS AGREEMENT OF ASSOCIATION OF PERSONS (AOP)
This Association of Persons (AOP) agreement is made and entered into on this [Date], by
and among the undersigned persons (hereinafter referred to as “Members”), for the purpose
of taking legal, regulatory, and recovery actions against Falcon Invoice Discounting
(FID) fraud.
1. NAME OF THE ASSOCIATION
The name of this association shall be:
"Falcon Invoice Discounting Investors Recovery Group (FIDIRG)"
2. OBJECTIVES OF THE AOP
The objectives of the association are as follows:
1. To initiate collective legal action against Falcon Invoice Discounting (FID), Falcon
Capital Ventures Pvt Ltd, and Capital Protection Force Pvt Ltd.
2. To file FIRs, complaints, and legal petitions with police, SFIO, ED, RBI, SEBI, and the
High Court/NCLT.
3. To represent investors in civil recovery suits and insolvency proceedings.
4. To engage legal professionals and auditors for asset tracing and fund recovery.
5. To coordinate communication and updates for all affected investors.
3. MEMBERSHIP
3.1 Eligibility:
• Any investor who has suffered financial loss due to Falcon Invoice Discounting fraud
is eligible to become a member.
• Membership shall be voluntary and open to all affected investors.
3.2 Membership Contributions:
• Members may contribute legal fees or operational costs for joint legal
representation.
• Contributions shall be transparent and accounted for.
4. GOVERNING BODY & REPRESENTATION
4.1 Structure:
The Association shall be governed by a Core Committee consisting of:
• President: (Elected among members)
• Vice President: (Elected among members)
• General Secretary: (Handles communication & documentation)
• Legal Counsel: (Appointed lawyer/firm)
• Treasurer: (Handles financial contributions)
4.2 Decision-Making:
• All major decisions shall be made by majority vote in a General Meeting.
• Virtual meetings shall be held every 15 days to discuss progress.
5. BANK ACCOUNT & FUND UTILIZATION
• A dedicated Bank Account shall be opened in the name of the AOP for funding
legal actions.
• Treasurer shall maintain records of all transactions, which shall be transparent to
all members.
• Funds shall ONLY be used for legal fees, petitions, and expert engagement.
6. LEGAL ACTION PLAN
Phase 1: Immediate Legal Action
File FIRs & Complaints with local police, Cyberabad police, and Economic Offenses
Wing (EOW).
Submit petitions to SFIO, Enforcement Directorate (ED), RBI & SEBI.
Seek court orders to freeze assets & accounts of Falcon Capital Ventures Pvt Ltd.
Phase 2: Civil Recovery & NCLT Proceedings
File a Civil Recovery Suit in the High Court/NCLT.
Engage a forensic auditor to track missing funds and asset diversion.
Work with lawyers to push for corporate insolvency proceedings.
7. TERMINATION OF AOP
The AOP shall remain active until:
Recovery of maximum possible investor funds is achieved.
Completion of all pending legal actions.
Members decide by majority vote to dissolve the AOP.
Upon dissolution, any remaining funds (if any) shall be equitably distributed among
members or donated to a legal aid organization.
8. SIGNATURES OF MEMBERS
By signing this document, each member agrees to abide by the objectives, terms, and
decisions of this AOP.
S. No.
Investor Name
Investment Amount (₹)
Signature
1
[Investor Name]
[Amount]
[Signature]
2
[Investor Name]
[Amount]
[Signature]
...
...
...
...
NEXT STEPS TO FORMALIZE AOP:
Step 1: Call a virtual investor meeting & finalize leadership.
Step 2: File for AOP Registration under Income Tax Act, 1961 (Optional for Legal
Standing).
Step 3: Open a dedicated Bank Account for legal expenses.
Step 4: Hire a legal firm & forensic auditor.
Step 5: File collective legal actions immediately.
This AOP provides a strong legal foundation for investors to recover their money &
fight against Falcon Invoice Discounting fraud.
COVER LETTER TEMPLATE FOR SUBMITTING AOP TO
AUTHORITIES
(To be used when submitting the Association of Persons (AOP) document to law enforcement,
regulatory bodies, or courts)
[Your Name]
General Secretary,
Falcon Invoice Discounting Investors Recovery Group (FIDIRG)
[Your Address]
[Your Email]
[Your Contact Number]
[Date]
To,
[Recipient’s Designation]
[Department Name]
[Authority Name]
[Office Address]
Subject: Submission of Association of Persons (AOP) Formation Document &
Request for Legal Action Against Falcon Invoice Discounting (FID) Fraud
Respected Sir/Madam,
On behalf of the undersigned members of Falcon Invoice Discounting Investors Recovery
Group (FIDIRG), I am submitting the Association of Persons (AOP) formation document
for your reference and necessary action in the case of financial fraud committed by Falcon
Invoice Discounting (FID), operated by Falcon Capital Ventures Pvt Ltd and Capital
Protection Force Pvt Ltd.
Background of the Case:
Falcon Invoice Discounting (FID) fraudulently collected ₹1,700 crore from 6,979
investors across India.
The platform abruptly halted payments in January 2025, leaving ₹850 crore unpaid.
Authorities have arrested two individuals, while the main accused (Amardeep Kumar,
Aryan Singh, and Yogender Singh) remain absconding.
Purpose of This Submission:
The undersigned investors have legally formed this Association of Persons (AOP) to:
1. File collective legal proceedings for financial fraud, cheating, and misappropriation of
investor funds.
2. Seek urgent asset seizure and forensic financial investigation of Falcon Capital
Ventures Pvt Ltd.
3. Ensure effective regulatory action from authorities including SFIO, ED, RBI, and SEBI.
4. Facilitate fund recovery for affected investors.
Our Legal Requests:
We respectfully request your office to:
Register our collective legal complaint and FIR against the accused persons.
Initiate a thorough investigation into money laundering & fund diversion.
Freeze bank accounts & properties linked to Falcon Capital Ventures Pvt Ltd.
Issue Lookout Circulars (LOCs) to prevent the absconding accused from fleeing the
country.
We request urgent intervention to prevent further financial losses and recover investor
funds at the earliest. Kindly acknowledge this submission and keep us informed on further
actions.
Thank you for your cooperation.
Sincerely,
[Your Name]
General Secretary,
Falcon Invoice Discounting Investors Recovery Group (FIDIRG)
Attachments:
• AOP Formation Document (Signed by Members)
• List of Affected Investors with Contact Details
• Copies of Investment Proof & Email Communications
• Previous Complaints & FIR Acknowledgements (if applicable)
NEXT STEPS FOR INVESTORS USING THIS COVER LETTER
Step 1: Print the cover letter on AOP letterhead (if available).
Step 2: Attach supporting documents and compile them in a formal submission file.
Step 3: Submit copies to:
• Cyberabad Police (for FIR registration)
• Economic Offenses Wing (EOW)
• Serious Fraud Investigation Office (SFIO)
• Enforcement Directorate (ED)
• Securities and Exchange Board of India (SEBI)
• Reserve Bank of India (RBI)
Step 4: Obtain acknowledgments & case reference numbers from each authority.
Step 5: Track progress via regular follow-ups and media coverage.
This AOP cover letter strengthens investors' collective legal standing and pushes for
faster regulatory action.
INVESTOR AUTHORIZATION LETTER TEMPLATE
(For appointing a legal counsel to represent the AOP in Falcon Invoice Discounting fraud
case)
[Your Name]
General Secretary,
Falcon Invoice Discounting Investors Recovery Group (FIDIRG)
[Your Address]
[Your Email]
[Your Contact Number]
[Date]
To,
[Lawyer’s Name]
[Law Firm Name]
[Law Firm Address]
Subject: Authorization for Legal Representation in Falcon Invoice
Discounting (FID) Fraud Case
Respected [Lawyer’s Name],
On behalf of the undersigned members of Falcon Invoice Discounting Investors Recovery
Group (FIDIRG), I am pleased to formally authorize you and your law firm, [Law Firm
Name], to represent the Association of Persons (AOP) and act as our legal counsel in all
proceedings related to the Falcon Invoice Discounting (FID) financial fraud case.
Scope of Legal Representation:
As per this authorization, you are empowered to:
1. File and pursue legal actions against Falcon Capital Ventures Pvt Ltd and related entities.
2. Lodge complaints with police, SFIO, Enforcement Directorate (ED), RBI, SEBI, and
other regulatory bodies.
3. Initiate civil recovery suits in High Court and NCLT (if applicable).
4. Engage forensic auditors to track fund diversion and asset movement.
5. Represent FIDIRG in court hearings, legal negotiations, and media interactions.
6. Advise and guide investors on legal options and case progress.
Investor Consent & Financial Terms:
• The legal fees, court charges, and incidental expenses shall be paid from the AOP’s
legal fund, contributed voluntarily by investors.
• Any major legal decisions affecting investors shall be discussed and approved by the
AOP’s Core Committee.
• The AOP reserves the right to terminate representation if legal counsel does not
act in the best interests of investors.
We appreciate your support in this legal battle and look forward to working closely with you
to recover investor funds and hold the perpetrators accountable.
Thank you for your legal assistance.
Sincerely,
[Your Name]
General Secretary,
Falcon Invoice Discounting Investors Recovery Group (FIDIRG)
Attachments:
• AOP Formation Document (Signed by Members)
• List of Affected Investors with Investment Details
• Copies of Investment Proof & Email Communications
• Previous Legal Complaints & FIR Acknowledgements (if applicable)
NEXT STEPS FOR INVESTORS USING THIS AUTHORIZATION
LETTER
Step 1: Print the letter on AOP letterhead (if available).
Step 2: Obtain signatures from AOP leadership (President, Secretary, Treasurer,
etc.).
Step 3: Attach supporting documents.
Step 4: Submit the signed letter to the chosen legal counsel.
Step 5: Ensure the law firm acknowledges receipt and provides a legal strategy
roadmap.
This authorization letter formalizes AOP’s legal representation, allowing the lawyer
to take action without individual approvals for every step.
FORMAL ENGAGEMENT CONTRACT TEMPLATE
(For Hiring a Legal Firm to Represent Falcon Invoice Discounting Investors Recovery
Group - FIDIRG)
LEGAL SERVICES AGREEMENT
This Agreement is made and entered into on this [Date], by and between:
1. Falcon Invoice Discounting Investors Recovery Group (FIDIRG), an Association of
Persons (AOP) formed by investors affected by the Falcon Invoice Discounting (FID)
fraud, hereinafter referred to as the "Client", having its correspondence address at [AOP
Address],
AND
2. [Lawyer’s Name / Law Firm Name], having its registered office at [Law Firm
Address], hereinafter referred to as the "Legal Counsel".
WHEREAS:
The Client seeks legal representation to pursue legal action, regulatory complaints, and
fund recovery from Falcon Capital Ventures Pvt Ltd and related entities.
The Legal Counsel agrees to provide professional legal services for the matters outlined
below, under the terms specified in this Agreement.
1. SCOPE OF LEGAL REPRESENTATION
The Legal Counsel shall provide the following legal services:
Filing of Complaints & FIRs
• Draft and submit complaints to Cyberabad Police, Economic Offenses Wing
(EOW), SFIO, Enforcement Directorate (ED), RBI, and SEBI.
• Represent the Client in criminal investigations and financial fraud inquiries.
Civil Recovery & Asset Seizure
• File a Civil Recovery Suit in the High Court/NCLT.
• Initiate Corporate Insolvency Resolution Proceedings (CIRP) if necessary.
• Petition for seizure of properties, bank accounts, and other assets of Falcon
Capital Ventures Pvt Ltd.
Legal Research & Case Strategy
• Conduct legal research on financial fraud and investor protection laws.
• Provide legal strategy updates to FIDIRG on a regular basis.
Court Representation & Negotiations
• Represent the Client in court proceedings, regulatory hearings, and settlement
negotiations.
Investor Protection Advocacy
• Provide legal advice to affected investors regarding their rights.
• Assist in media and government representation efforts to push for stricter
regulations.
2. FEE STRUCTURE & PAYMENT TERMS
The Legal Counsel shall be compensated as follows:
Retainer Fee: ₹[Amount] payable upon signing this agreement.
Litigation Fees: ₹[Amount] per hearing/session (as required).
Success Fee: [X]% of recovered funds, payable upon successful asset recovery.
Reimbursement of Expenses: The Client shall reimburse court filing fees, travel
expenses, and other pre-approved out-of-pocket costs incurred during representation.
All payments shall be made through the AOP’s legal fund account and recorded for
full transparency.
3. LEGAL REPORTING & COMMUNICATION
• The Legal Counsel shall provide monthly progress reports to the AOP’s Core
Committee.
• Meetings shall be scheduled every 15 days to discuss case updates and legal
strategies.
• Emergency legal decisions may be approved by a majority vote of the AOP’s Core
Committee.
4. TERMINATION OF AGREEMENT
This Agreement may be terminated:
By the Client: If the Legal Counsel fails to act in the best interest of investors or breaches
professional obligations.
By the Legal Counsel: If the Client fails to fulfill its financial commitments or provides
misleading information.
In case of termination, the Client shall compensate the Legal Counsel for services
rendered up to the date of termination.
5. CONFIDENTIALITY & ETHICAL COMPLIANCE
• The Legal Counsel shall maintain strict confidentiality of all investor details,
documents, and case strategies.
• The Client and Legal Counsel agree to comply with all applicable laws, ethical
standards, and regulatory guidelines.
6. GOVERNING LAW & DISPUTE RESOLUTION
• This Agreement shall be governed by the laws of India.
• Any disputes shall be resolved through arbitration at [City Name], as per the
Arbitration and Conciliation Act, 1996.
7. SIGNATURES & AGREEMENT EXECUTION
For Falcon Invoice Discounting Investors Recovery Group (FIDIRG):
[Name]
General Secretary
Address: [AOP Address]
Signature: ___________________________
[Name]
President
Address: [AOP Address]
Signature: ___________________________
Date of Execution: [DD/MM/YYYY]
For [Lawyer’s Name / Law Firm Name]:
[Lawyer’s Name]
Senior Advocate / Managing Partner
Address: [Law Firm Address]
Signature: ___________________________
Date of Execution: [DD/MM/YYYY]
NEXT STEPS FOR INVESTORS USING THIS CONTRACT
Step 1: Review and finalize the legal fee structure with the law firm.
Step 2: Print the contract on AOP’s official letterhead (if available).
Step 3: Obtain signatures from AOP leaders & the legal counsel.
Step 4: Provide copies to all parties and retain an original notarized version.
Step 5: Begin legal proceedings immediately under the scope of services.
This formal engagement ensures structured legal action and accountability in the
fund recovery process.
FAQ DOCUMENT FOR INVESTORS
(Explaining Legal Rights & Options in Falcon Invoice Discounting (FID) Fraud Case)
Frequently Asked Questions (FAQ) – Falcon Invoice
Discounting (FID) Investors Recovery Group (FIDIRG)
1. What legal actions can investors take against Falcon Invoice Discounting
(FID)?
Investors can pursue criminal complaints (FIRs), civil recovery suits, and regulatory
actions.
Key actions include:
Filing FIRs under fraud, cheating, and misappropriation laws.
Petitioning SFIO, ED, RBI, and SEBI for regulatory intervention.
Filing a Civil Recovery Suit in the High Court/NCLT.
Seeking corporate insolvency proceedings against Falcon Capital Ventures Pvt Ltd.
2. How do I file an FIR against FID?
Steps to file an FIR:
Visit the local police station or Cyberabad Police (jurisdiction of the fraud).
Carry copies of:
• Investment proof (bank statements, invoices)
• Contracts/agreements with FID
• Communications with FID (emails, WhatsApp messages)
• Screenshot of the FID website (if available)
Mention relevant legal sections:
• Cheating (Bharatiya Nyaya Sanhita - BNS) Section 316
• Criminal Breach of Trust (BNS) Section 317
• Prevention of Money Laundering Act (PMLA) for financial fraud
If unable to visit in person, send a complaint via email to the jurisdictional police
station.
3. Can we recover our money through a civil suit?
Yes, investors can file a Civil Recovery Suit in the High Court/NCLT.
If Falcon Capital Ventures Pvt Ltd has assets, a Corporate Insolvency Resolution
Process (CIRP) can be initiated under the Insolvency and Bankruptcy Code (IBC), 2016.
A forensic audit will trace fund movement and help in asset seizure.
AOP’s legal team will handle this collectively for all investors.
4. What role does the Enforcement Directorate (ED) play?
The ED investigates financial fraud and money laundering under the Prevention of
Money Laundering Act (PMLA), 2002.
ED can:
Freeze bank accounts & assets of Falcon Capital Ventures Pvt Ltd.
Investigate offshore fund diversion (if money was moved abroad).
Arrest absconding promoters through international law enforcement agencies.
FIDIRG has already petitioned the ED for immediate intervention.
5. Why should investors join the AOP (Association of Persons)?
Stronger legal standing: Collective action increases impact.
Shared legal costs: Reduces individual expenses.
Unified voice: AOP will formally represent all investors in court & with regulators.
To join, sign the AOP agreement and participate in legal actions.
6. What should I do if I invested through a third-party agent?
Agents were likely misled by FID’s fraudulent scheme.
However, if an agent directly guaranteed returns, they could be liable for
misrepresentation.
File an FIR against the agent if they were complicit in misleading investors.
Legal counsel will review agent-related cases separately.
7. What if FID's promoters flee the country?
Investors should push for:
Lookout Circulars (LOCs) to prevent accused from leaving India.
Interpol Red Notices (if they have already escaped).
Attachment of their assets under PMLA & SEBI regulations.
AOP will ensure legal action to hold them accountable internationally.
8. Can SEBI & RBI take action against FID?
Yes, SEBI & RBI can:
Blacklist Falcon Capital Ventures Pvt Ltd for unauthorized financial activities.
Order asset seizure & recovery measures under financial regulations.
Issue investor advisories to prevent future scams.
A petition has been submitted to SEBI & RBI for immediate intervention.
9. What is the timeline for fund recovery?
Legal cases take time, but action can be expedited by:
Fast-tracking court proceedings through investor pressure & media coverage.
Asset seizure and liquidation if funds are traced.
Insolvency proceedings if the company still has recoverable assets.
Investors should stay patient, but consistent legal pressure will yield results.
What are my next steps as an investor?
Step 1: Join the AOP to be part of collective legal actions.
Step 2: File an FIR and submit complaints to SFIO, ED, RBI & SEBI.
Step 3: Provide documents to AOP’s legal team for case filing.
Step 4: Stay updated via investor meetings & group communications.
Transparency & coordination are key to successful recovery efforts.
INVESTOR SUPPORT CONTACT DETAILS
AOP Representative: [Name]
Email: [Email Address]
Helpline: [Phone Number]
Website (if applicable): [Website URL]
United, we can hold Falcon Invoice Discounting (FID) accountable and recover our
hard-earned money.
NEXT STEPS FOR INVESTORS USING THIS FAQ DOCUMENT
Step 1: Share this FAQ with all affected investors for awareness.
Step 2: Keep updating it with legal case progress.
Step 3: Use it to answer common investor queries & avoid misinformation.
PUBLIC AWARENESS PRESS RELEASE TEMPLATE
(To Be Shared with Media Outlets, News Agencies & Online Platforms for Public &
Regulatory Awareness on Falcon Invoice Discounting (FID) Fraud)
PRESS RELEASE
Date: [DD/MM/YYYY]
Location: [City, State]
INVESTORS DEMAND JUSTICE AS ₹1,700 CRORE FALCON INVOICE
DISCOUNTING (FID) FRAUD EXPOSED
Thousands of Investors Affected; Authorities Urged to Take Swift Action
[City], [Date] – Thousands of investors across India have suffered massive financial losses
due to the collapse of Falcon Invoice Discounting (FID), operated by Falcon Capital
Ventures Pvt Ltd and Capital Protection Force Pvt Ltd. The fraudulent platform, which
claimed to offer high-return invoice discounting services, has misappropriated ₹1,700
crore from nearly 6,979 investors, with ₹850 crore still unpaid.
In a devastating blow to investors, FID abruptly halted payments in January 2025,
shutting down operations and leaving thousands in financial distress. Investigations have
revealed that FID fabricated invoices and vendor profiles to create an illusion of legitimate
business operations.
Key Accused in the Financial Fraud
Authorities have taken partial action, arresting two executives, while the primary
masterminds remain absconding:
• Amardeep Kumar (Managing Director, Falcon Capital Ventures Pvt Ltd) –
Absconding
• Aryan Singh (Chief Operating Officer, Falcon Capital Ventures Pvt Ltd) –
Absconding
• Yogender Singh (Chief Executive Officer, Falcon Capital Ventures Pvt Ltd) –
Absconding
• Pavan Kumar (VP & Business Head, FID) – Arrested
• Kavya N (Director, Falcon Capital Ventures Pvt Ltd) – Arrested
Investor Group Forms Legal Association – Demands Immediate Action
In response to this large-scale financial fraud, the victims have formed a legal association,
Falcon Invoice Discounting Investors Recovery Group (FIDIRG), to take collective legal
action.
The association is demanding the following urgent actions from authorities:
Immediate arrest of the absconding accused and issuance of Lookout Circulars
(LOCs) & Interpol Red Notices to prevent them from fleeing the country.
Freezing and seizure of assets & bank accounts linked to Falcon Capital Ventures Pvt
Ltd under the Prevention of Money Laundering Act (PMLA), 2002.
Investigation by the Serious Fraud Investigation Office (SFIO) and Enforcement
Directorate (ED) to trace the misappropriated funds.
Corporate Insolvency Proceedings under the National Company Law Tribunal
(NCLT) to recover and distribute assets among investors.
Regulatory intervention by SEBI and RBI to introduce stricter compliance measures
for investment platforms.
Investors Call for Government and Media Support
The investors have also launched a Change.org petition urging Prime Minister Narendra
Modi, the Finance Ministry, and regulatory authorities to intervene and ensure justice.
“We trusted FID with our hard-earned money, only to be deceived. We demand swift action
from law enforcement and regulatory bodies to bring the perpetrators to justice and recover
our funds,” said [Investor Representative’s Name], a victim of the fraud.
The Economic Offenses Wing (EOW) and Cyberabad Police are currently investigating,
but investors fear delays in legal proceedings could allow the accused to escape with the
stolen funds.
Call to Media & Public Figures
The Falcon Invoice Discounting Investors Recovery Group (FIDIRG) is urging news
agencies, financial experts, and public figures to highlight this scam and support investor
recovery efforts.
Journalists & news platforms: We request widespread media coverage to pressure
authorities for quicker action.
Legal & financial experts: Your insights will help investors navigate the legal
complexities of fund recovery.
Government officials & policymakers: Your intervention can prevent future scams
and protect Indian investors.
How to Join the Legal Fight
Investors affected by the FID fraud can join the Association of Persons (AOP) – FIDIRG to
pursue legal action collectively. To participate, investors can:
Email: [AOP Email Address]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
The association will provide legal support, updates on ongoing cases, and direct
representation in court & regulatory matters.
"Justice Delayed is Justice Denied" – Investors Unite for Financial
Accountability
Investors have vowed to fight until full recovery of misappropriated funds and strict
action against FID promoters is achieved. “We will not stop until the authorities take
meaningful steps to recover our money and hold these fraudsters accountable,” said [Investor
Name], another victim.
For Media Inquiries & Interviews: Please contact [AOP Representative’s Name] at
[Email/Phone].
About FIDIRG (Falcon Invoice Discounting Investors Recovery Group)
FIDIRG is a legally registered Association of Persons (AOP) representing the 6,979
investors affected by the Falcon Invoice Discounting fraud. The association is actively
working with law enforcement, regulatory bodies, and financial experts to seek justice
and recover investor funds.
Follow FIDIRG’s Updates: [Social Media Handles, Website, etc.]
NEXT STEPS FOR INVESTORS USING THIS PRESS RELEASE
Step 1: Share with national and financial news platforms (NDTV, Economic Times,
MoneyControl, etc.).
Step 2: Distribute to social media influencers & advocacy groups for awareness.
Step 3: Email this to political representatives, RBI, SEBI, ED, SFIO, and the Finance
Ministry.
Step 4: Hold press conferences or investor awareness meetings to amplify impact.
This press release ensures maximum visibility & pressure for faster legal action and
fund recovery.
SOCIAL MEDIA CAMPAIGN PLAN
(For Increasing Awareness & Pressuring Authorities in the Falcon Invoice Discounting
(FID) Fraud Case)
OBJECTIVE:
To create maximum public awareness and media pressure using social media platforms,
ensuring that law enforcement, regulatory bodies, and government authorities take swift
action to recover investor funds and hold Falcon Invoice Discounting (FID) accountable.
TARGET PLATFORMS & STRATEGY
Platform
Target Audience
Action Plan
Twitter (X)
Journalists, Politicians, Finance
Experts, Govt. Officials
Create viral hashtags, tag authorities,
engage with trending discussions
LinkedIn
Finance & Legal Experts,
Investors, Business Journalists
Publish detailed posts & articles, request
professional endorsements
Reddit
Retail Investors, Activist
Groups, Public Forums
Share scam details in r/IndiaInvestments,
r/legaladvice, r/IndiaFinance
Facebook
Retail Investors, Awareness
Groups
Join investment fraud awareness groups,
organize online discussions
Instagram &
Threads
Young Investors, Financial
Influencers
Share eye-catching infographics, reels,
and awareness posts
WhatsApp &
Telegram
Affected Investors
Form communities for real-time updates
& coordinated action
CAMPAIGN ACTION PLAN
1. CREATE VIRAL HASHTAGS (Twitter & Instagram)
Use powerful and easy-to-remember hashtags to ensure high visibility.
#JusticeForFIDInvestors
#RecoverOurMoney
#FalconScam
#StopFinancialFraud
#ArrestAmardeepKumar
#SEBIActNow
#EDFreezeAssets
Action:
• Use these hashtags in every post, tweet, and comment.
• Encourage investors, influencers, and news outlets to adopt these hashtags.
• Reply to government officials’ tweets with these hashtags to increase visibility.
2. TARGET KEY AUTHORITIES & PUBLIC FIGURES (Twitter, LinkedIn,
Facebook)
Tag these officials in every post/tweet to demand action:
Prime Minister Narendra Modi (@narendramodi)
Finance Minister Nirmala Sitharaman (@nsitharaman)
RBI Governor Shaktikanta Das (@DasShaktikanta)
Enforcement Directorate (@dir_ed)
SFIO India (@sfio_india)
SEBI India (@SEBI_India)
Ministry of Finance (@FinMinIndia)
Cyberabad Police (@CyberabadPolice)
Economic Times (@EconomicTimes), NDTV (@ndtv), MoneyControl
(@moneycontrolcom)
Action:
• Reply to their tweets with demands for action.
• Create polls and public threads asking if they will intervene.
• Tag journalists & financial influencers to gain media attention.
3. LINKEDIN ARTICLES & PETITIONS
Action:
• Publish a detailed LinkedIn article explaining the scam and calling for regulatory
action.
• Encourage affected investors to comment and reshare for engagement.
• Share the Change.org petition link and ask professionals to sign & support.
Post Example:
SCAM ALERT – ₹1,700 CRORE STOLEN!
Thousands of investors have been defrauded by Falcon Invoice Discounting (FID). The
main accused Amardeep Kumar, Aryan Singh & Yogender Singh are absconding, and
₹850 crore remains unpaid!
We demand action from RBI, SEBI, SFIO & ED to freeze assets and recover our money.
Sign the petition: [Change.org petition link]
Share this post to spread awareness!
#JusticeForFIDInvestors #RecoverOurMoney #SEBIActNow
4. REDDIT AWARENESS POSTS
Action:
• Post in r/IndiaInvestments, r/legaladvice, r/IndiaFinance, r/Scams.
• Provide a timeline of events, proof, and action plan.
• Ask Reddit users to upvote for maximum visibility.
Post Title Example:
₹1,700 CRORE FALCON INVOICE DISCOUNTING SCAM – INVESTORS NEED
HELP!
Post Body:
Thousands of investors have lost money in the Falcon Invoice Discounting (FID) scam, run
by Falcon Capital Ventures Pvt Ltd. The company stopped payments in January 2025, and
₹850 crore remains unpaid.
We need your help to pressure SEBI, RBI, and ED to take action!
Sign the petition: [Change.org petition link]
Upvote & share this post to spread awareness!
5. INSTAGRAM & THREADS CAMPAIGN – INFOGRAPHICS & REELS
Action:
• Create short reels (30-60 seconds) explaining the scam.
• Post eye-catching infographics showing how investors were scammed.
• Tag financial influencers & news platforms to get more traction.
Caption Example:
₹1,700 CRORE FALCON SCAM – WILL THE GOVERNMENT ACT?
Thousands of investors are victims of the Falcon Invoice Discounting fraud. The culprits
are still on the run, and ₹850 crore remains unpaid!
Tag @SEBI_India, @dir_ed, @FinMinIndia & demand action!
Sign the petition & share this post to spread awareness!
#JusticeForFIDInvestors #RecoverOurMoney #SEBIActNow
6. WHATSAPP & TELEGRAM COMMUNITY ACTION
Action:
• Create regional investor groups to coordinate FIR filings & legal updates.
• Share media articles, petition links, and legal updates regularly.
• Provide email templates & FIR formats to make complaint filing easier.
Message Example:
ALERT – SCAM INVESTORS UNITE!
₹1,700 crore lost in Falcon Invoice Discounting scam!
We are filing collective legal action & pushing authorities to act.
Sign the petition: [Change.org link]
File your FIR using this template: [Google Drive link]
KEY MILESTONES & TIMELINE
Week
Target
Action Items
Week 1
Awareness Building
Launch hashtags, tweet at authorities, publish LinkedIn article
Week 2
Mass FIR Filings
Share FIR templates, encourage investors to report cases
Week 3
Regulatory Push
Submit petitions to SEBI, RBI, ED & demand updates
Week 4
Media Engagement
Organize press conferences, interviews with victims
CALL TO ACTION – GET INVOLVED!
Sign the petition & share: [Change.org link]
Follow updates on Twitter/X: [FIDIRG Twitter Handle]
Join our Telegram/WhatsApp group: [Group Invite Link]
Your voice can bring justice! Help us recover ₹850 crore and stop future scams!
NEXT STEPS FOR INVESTORS USING THIS CAMPAIGN PLAN
Step 1: Identify volunteers to manage different platforms.
Step 2: Design and post daily updates, infographics & tweets.
Step 3: Track engagement and adjust strategy based on traction.
Step 4: Reach out to journalists & influencers for more coverage.
This campaign will drive media attention, pressure authorities, and unite investors
for action!
CUSTOMIZED COMPLAINT EMAIL TEMPLATES FOR INVESTORS
(To Be Sent to Authorities for Swift Action in Falcon Invoice Discounting (FID) Fraud Case)
GENERAL INSTRUCTIONS:
Attach supporting documents (investment proof, agreements, payment receipts,
communication with FID, FIR copy if filed).
Subject should be clear & direct to ensure quick attention.
Personalize the email by adding your investment amount and details.
1. EMAIL TEMPLATE FOR CYBERABAD POLICE /
ECONOMIC OFFENSES WING (EOW)
To: cyberabad@telangana.gov.in, eow.investigation@telangana.gov.in
Subject: URGENT: FIR Request Against Falcon Invoice Discounting (FID) –
₹[Amount] Stolen
Respected Sir/Madam,
I am writing to formally lodge a complaint against Falcon Invoice Discounting (FID),
operated by Falcon Capital Ventures Pvt Ltd, for fraudulent financial activities. I am one
of 6,979 investors who have lost ₹850 crore collectively, as the platform abruptly stopped
payments in January 2025.
Investment Details:
Investor Name: [Your Name]
PAN/Aadhaar: [Your Details]
Investment Amount: ₹[Your Investment]
Date of Investment: [Date]
Promised Returns: [Rate/Duration]
Outstanding Amount: ₹[Amount Not Received]
Fraudulent Activities by FID:
Fake invoice discounting deals with fabricated vendor profiles
Fraudulently collected ₹1,700 crore from investors
₹850 crore unpaid, investors unable to recover funds
Accused persons absconding, assets being concealed
Key Accused Persons:
• Amardeep Kumar (Managing Director, Falcon Capital Ventures Pvt Ltd) –
Absconding
• Aryan Singh (COO, Falcon Capital Ventures Pvt Ltd) – Absconding
• Yogender Singh (CEO, Falcon Capital Ventures Pvt Ltd) – Absconding
• Pavan Kumar (VP & Business Head, FID) – Arrested
• Kavya N (Director, Falcon Capital Ventures Pvt Ltd) – Arrested
Legal Request:
I kindly request your immediate action to:
1. Register an FIR under Bharatiya Nyaya Sanhita (BNS) & Telangana State Protection
of Depositors Act, 1999.
2. Seize assets & bank accounts of Falcon Capital Ventures Pvt Ltd.
3. Issue Lookout Circulars (LOCs) to prevent accused from fleeing India.
4. Investigate the money trail & misappropriated funds.
I have attached investment proof, payment details, and related documents for reference.
Please confirm FIR registration and provide me with a case number for future follow-ups.
Awaiting your swift action.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments: Investment proof, agreements, payment receipts, FIR copy (if filed)
2. EMAIL TEMPLATE FOR ENFORCEMENT
DIRECTORATE (ED) – MONEY LAUNDERING
INVESTIGATION
To: director@enforcementdirectorate.gov.in
Subject: Request for Urgent Investigation – ₹1,700 Crore Financial Fraud by Falcon
Invoice Discounting (FID)
Respected Sir/Madam,
I, [Your Name], an investor in Falcon Invoice Discounting (FID), wish to report a massive
financial fraud of ₹1,700 crore, affecting 6,979 investors across India. The company
abruptly stopped payments in January 2025, leaving ₹850 crore unpaid.
Key Fraud Indicators:
Money laundering through fake invoice discounting deals
Diversion of funds to unknown accounts
Promoters absconding & attempting to conceal assets
Unauthorized financial operations without SEBI/RBI approval
Request for Enforcement Directorate (ED) Action:
1. Immediate forensic financial audit of Falcon Capital Ventures Pvt Ltd.
2. Seizure & freezing of bank accounts linked to fraud.
3. Tracing of money trails & overseas fund transfers.
4. Action under the Prevention of Money Laundering Act (PMLA), 2002.
Investors demand urgent intervention to stop further financial damage and recover
misappropriated funds. Kindly confirm the status of investigation and next steps.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments: Investment proof, agreement, payment receipts, FIR copy (if filed)
3. EMAIL TEMPLATE FOR SEBI & RBI –
REGULATORY VIOLATIONS
To: sebi@sebi.gov.in, helpdoc@rbi.org.in
Subject: Regulatory Action Request – Falcon Invoice Discounting (FID) Scam
Respected Sir/Madam,
I am writing to report a severe financial fraud by Falcon Invoice Discounting (FID),
operated by Falcon Capital Ventures Pvt Ltd, which illegally collected ₹1,700 crore from
6,979 investors.
Regulatory Violations Identified:
Unauthorized financial investment scheme (No SEBI/RBI approval)
Ponzi-like structure with unregistered securities
Breach of SEBI Collective Investment Schemes (CIS) Regulations, 1999
Fraudulent business practices under the Companies Act, 2013
Request for Regulatory Action:
1. Blacklist & deregister Falcon Capital Ventures Pvt Ltd for financial fraud.
2. Direct freezing of accounts & asset seizure to prevent further misappropriation.
3. Introduce stricter investment compliance guidelines to prevent future scams.
We request an immediate investigation and action under SEBI & RBI regulatory
frameworks.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments: Investment proof, agreement, payment receipts, FIR copy (if filed)
NEXT STEPS FOR INVESTORS USING THESE
EMAIL TEMPLATES
Step 1: Copy-paste the relevant email template.
Step 2: Personalize it with your investment details.
Step 3: Attach proof (screenshots, bank transactions, agreements).
Step 4: Send emails to all relevant authorities.
Step 5: Follow up weekly for updates.
The more investors send complaints, the higher the pressure for action!
RTI (RIGHT TO INFORMATION) REQUEST TEMPLATE
(For Tracking Progress on Falcon Invoice Discounting (FID) Fraud Investigation from
Authorities)
GENERAL INSTRUCTIONS:
RTI can be filed under the Right to Information Act, 2005 to seek an update on the
status of FIRs, financial investigations, and regulatory actions.
Submit it online via respective department portals or physically by post.
Attach a postal order of ₹10 as an RTI fee (for physical submissions).
1. RTI TEMPLATE FOR POLICE / ECONOMIC OFFENSES WING
(EOW)
To:
The Public Information Officer,
[Police Station / Economic Offenses Wing],
[City, State]
Subject: RTI Request Regarding Investigation Status of Falcon Invoice Discounting
(FID) Fraud
Respected Public Information Officer,
I, [Your Name], a resident of [Your Address], am seeking information regarding the
investigation into the Falcon Invoice Discounting (FID) financial fraud involving ₹1,700
crore and affecting 6,979 investors across India.
RTI Request Details:
1. Has an FIR been registered against Falcon Invoice Discounting (FID) and its
promoters? If yes, please provide the FIR number and a copy.
2. What is the current status of the investigation? Have any chargesheets been filed?
3. What actions have been taken to trace and freeze the assets of the accused?
4. Have Lookout Circulars (LOCs) been issued against absconding accused persons?
5. What legal provisions (Bharatiya Nyaya Sanhita & financial laws) are being applied
in the investigation?
Filing Details:
Full Name: [Your Name]
PAN/Aadhaar: [Your PAN/Aadhaar Number]
Investment Amount in FID: ₹[Amount]
Date of Investment: [Date]
Mode of Payment: [Bank Transfer/UPI/etc.]
I request a response within the stipulated 30-day period as per the RTI Act, 2005. Kindly
send the information to [Your Email Address] or by post to [Your Address].
Thank you.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments: Copy of investment proof, FIR (if filed), postal order for RTI fee
2. RTI TEMPLATE FOR ENFORCEMENT DIRECTORATE (ED)
To:
The Public Information Officer,
Directorate of Enforcement,
Ministry of Finance, Government of India,
New Delhi – 110001
Subject: RTI Request Regarding Money Laundering Investigation Against Falcon
Invoice Discounting (FID)
Respected Public Information Officer,
I, [Your Name], am seeking information under the Right to Information Act, 2005
regarding the financial fraud and money laundering activities of Falcon Invoice
Discounting (FID), operated by Falcon Capital Ventures Pvt Ltd.
RTI Request Details:
1. Has the Enforcement Directorate (ED) initiated an investigation under the Prevention
of Money Laundering Act (PMLA), 2002, against Falcon Capital Ventures Pvt Ltd?
2. Have the bank accounts and assets of Falcon Capital Ventures been frozen? If yes,
please provide details.
3. Has any action been taken to trace foreign transactions related to money laundering?
4. Are the main accused (Amardeep Kumar, Aryan Singh, Yogender Singh) being
pursued for extradition if they have fled the country?
5. What are the ED’s next steps in recovering defrauded investor funds?
I request a response within 30 days as per the RTI Act, 2005. Please send the information to
[Your Email Address] or by post to [Your Address].
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments: Copy of investment proof, FIR (if filed), postal order for RTI fee
3. RTI TEMPLATE FOR SEBI & RBI
To:
The Public Information Officer,
Securities and Exchange Board of India (SEBI),
Mumbai – 400051
Subject: RTI Request Regarding SEBI & RBI Regulatory Actions Against Falcon
Invoice Discounting (FID)
Respected Public Information Officer,
I, [Your Name], am seeking information regarding Falcon Invoice Discounting (FID)
fraud under the Right to Information Act, 2005.
RTI Request Details:
1. Has SEBI taken any action against Falcon Capital Ventures Pvt Ltd for operating an
unauthorized investment scheme?
2. Has SEBI or RBI initiated any asset-freezing actions?
3. Is there an ongoing regulatory audit or investigation into Falcon Capital Ventures’
financial transactions?
4. What legal provisions are being applied against Falcon Capital Ventures for violating
investment laws?
5. What measures is SEBI taking to prevent future scams like FID?
I request a response within 30 days as per the RTI Act, 2005. Please send the information to
[Your Email Address] or by post to [Your Address].
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments: Copy of investment proof, FIR (if filed), postal order for RTI fee
HOW TO FILE THE RTI REQUEST
1. Online Submission (Recommended)
For Police / EOW: File RTI on the state police website.
For ED: File at https://rtionline.gov.in.
For SEBI & RBI: Submit through their respective RTI portals.
2. Physical Submission (By Post)
Print the RTI request letter.
Attach a postal order of ₹10 (available at post offices).
Send via Registered Post with Acknowledgment.
NEXT STEPS AFTER FILING RTI
Step 1: Wait for 30 days (as per RTI Act).
Step 2: If no response, file a First Appeal (mentioning non-compliance).
Step 3: If still no response, escalate to Central Information Commission (CIC).
Step 4: Share received responses with the AOP & legal counsel for further action.
Filing RTIs will put pressure on authorities to act faster!
ESCALATION LETTER FOR NON-RESPONSE TO RTI APPEAL
(To Be Sent if No Response is Received from Authorities Within 30 Days After Filing RTI)
GENERAL INSTRUCTIONS:
Send this letter to the First Appellate Authority (FAA) of the respective department.
Attach a copy of the original RTI request and proof of submission.
Use Registered Post/Speed Post with Acknowledgment Receipt or email if allowed.
If no response is received within 45 days, escalate to the Central Information
Commission (CIC).
1. ESCALATION LETTER TO FIRST APPELLATE AUTHORITY (FAA) –
POLICE / EOW
To:
The First Appellate Authority,
[Police Department / Economic Offenses Wing (EOW)],
[City, State]
Subject: First Appeal Under RTI Act – No Response to RTI Request on Falcon Invoice
Discounting (FID) Fraud Investigation
Respected Sir/Madam,
I had filed an RTI request on [Date] (copy attached) seeking information regarding the
investigation into Falcon Invoice Discounting (FID) fraud, involving ₹1,700 crore and
6,979 investors. However, I have not received any response within the stipulated 30-day
period under the Right to Information Act, 2005.
Details of Original RTI Request:
RTI Filing Date: [DD/MM/YYYY]
RTI Reference Number: [RTI Number]
Subject: Investigation Status of Falcon Invoice Discounting Fraud
Details Requested: [Brief Summary]
Grounds for Appeal:
Failure to provide information within 30 days as required under Section 7(1) of the
RTI Act, 2005.
Denial of information without justification (if applicable).
Request for Immediate Action:
1. Provide a clear status update on the FIR and investigation progress.
2. Disclose any seizure actions taken against the accused.
3. Explain delays in responding to my RTI request.
As per Section 19(1) of the RTI Act, 2005, I request the First Appellate Authority to ensure
that the requested information is provided immediately.
Awaiting your prompt response.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments:
✔ Copy of original RTI request
✔ Proof of RTI submission (postal receipt/screenshot)
2. ESCALATION LETTER TO FIRST APPELLATE AUTHORITY (FAA) –
ENFORCEMENT DIRECTORATE (ED)
To:
The First Appellate Authority,
Directorate of Enforcement,
Ministry of Finance, Government of India,
New Delhi – 110001
Subject: First Appeal Under RTI Act – Non-Response to Request for Investigation
Status on Falcon Invoice Discounting (FID) Fraud
Respected Sir/Madam,
I had submitted an RTI request on [Date] (copy attached) to the Enforcement Directorate
(ED) regarding the ₹1,700 crore fraud committed by Falcon Invoice Discounting (FID),
operated by Falcon Capital Ventures Pvt Ltd. Despite the 30-day deadline, I have not
received any response.
Key Information Requested:
Status of money laundering investigation under PMLA, 2002
Actions taken against Falcon Capital Ventures Pvt Ltd
Status of asset seizures and bank account freezing
Lookout Circulars (LOCs) issued against absconding accused
Grounds for Appeal:
Failure to provide information within 30 days as per Section 7(1) of the RTI Act,
2005.
Lack of communication regarding the progress of legal actions.
Request for Immediate Action:
I kindly request the First Appellate Authority of the Enforcement Directorate to provide a
detailed response at the earliest.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments:
✔ Copy of original RTI request
✔ Proof of RTI submission (postal receipt/screenshot)
3. ESCALATION LETTER TO FIRST APPELLATE AUTHORITY (FAA) –
SEBI & RBI
To:
The First Appellate Authority,
Securities and Exchange Board of India (SEBI),
Mumbai – 400051
Subject: First Appeal Under RTI Act – Non-Response to Inquiry on Falcon Invoice
Discounting (FID) Regulatory Action
Respected Sir/Madam,
I had submitted an RTI request on [Date] (copy attached) to SEBI seeking details regarding
regulatory actions against Falcon Invoice Discounting (FID) and Falcon Capital Ventures
Pvt Ltd. However, I have not received a response within the legally mandated 30-day
period.
Key Information Requested:
Has SEBI taken enforcement action against Falcon Capital Ventures Pvt Ltd?
Has SEBI directed the freezing of assets and investor refunds?
What penalties or legal actions have been initiated?
Has SEBI coordinated with RBI and ED to investigate this scam?
Grounds for Appeal:
Violation of Section 7(1) of the RTI Act, 2005, due to delayed response.
Lack of transparency in regulatory action against Falcon Capital Ventures Pvt Ltd.
Request for Immediate Action:
I urge SEBI to provide the requested information at the earliest.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments:
✔ Copy of original RTI request
✔ Proof of RTI submission (postal receipt/screenshot)
NEXT STEPS FOR INVESTORS USING THIS
ESCALATION LETTER
Step 1: Wait 30 days after filing RTI before sending this appeal.
Step 2: Find the First Appellate Authority’s (FAA) address on the respective
department’s website.
Step 3: Send the appeal by Registered Post with Acknowledgment or email if
permitted.
Step 4: If no response within 45 days, escalate to the Central Information Commission
(CIC).
FINAL ESCALATION: COMPLAINT TO CENTRAL INFORMATION
COMMISSION (CIC)
(If No Response from First Appellate Authority in 45 Days)
To:
The Chief Information Commissioner,
Central Information Commission,
CIC Bhawan, Baba Gangnath Marg, Munirka,
New Delhi - 110067
Subject: RTI Complaint – Non-Response from [Department Name] Regarding Falcon
Invoice Discounting Fraud Investigation
Respected Sir/Madam,
I had filed an RTI request on [Date] with [Department Name] regarding the Falcon
Invoice Discounting fraud (₹1,700 crore scam). Despite the 30-day deadline, no response
was received. Subsequently, I filed a First Appeal on [Date], but no further action was
taken.
As per Section 18(1) of the RTI Act, 2005, I am filing this formal complaint against
[Department Name] for non-compliance.
Request for Action:
Direct the department to immediately provide the requested information.
Impose penalties on responsible officers for delaying the RTI response.
Awaiting your intervention for justice.
Sincerely,
[Your Name]
Attachments: RTI request, appeal, proof of submissions
This escalation process ensures accountability and forces authorities to act!
PUBLIC INTEREST LITIGATION (PIL) TEMPLATE
(To be filed in High Court for Faster Action on Falcon Invoice Discounting (FID) Fraud
Case)
GENERAL INSTRUCTIONS:
Who Can File? Any affected investor, a group of investors, or a registered Association
of Persons (AOP) such as FIDIRG.
Where to File? High Court (state jurisdiction) or Supreme Court (if national
significance).
What’s the Purpose? To seek urgent judicial intervention for fund recovery, legal
action against fraudsters, and regulatory accountability.
Who Prepares It? A PIL should ideally be filed through a lawyer experienced in
financial fraud cases.
IN THE HIGH COURT OF [State Name] AT [City Name]
PUBLIC INTEREST LITIGATION (PIL) NO. [XXXX] OF 2025
IN THE MATTER OF:
Falcon Invoice Discounting (FID) Investors Recovery Group (FIDIRG) (Petitioner)
vs.
Union of India & Others (Respondents)
TO,
THE HON’BLE CHIEF JUSTICE AND OTHER HON’BLE JUDGES OF THE HIGH
COURT OF [State Name]
MOST RESPECTFULLY SHOWETH:
1. That the present Public Interest Litigation (PIL) is being filed under Article 226 of
the Constitution of India (or Article 32 for Supreme Court), seeking judicial
intervention in a massive financial fraud amounting to ₹1,700 crore, which has affected
6,979 investors across India.
2. That Falcon Invoice Discounting (FID), operated by Falcon Capital Ventures Pvt Ltd
and Capital Protection Force Pvt Ltd, engaged in fraudulent invoice discounting
activities, misappropriated investor funds, and abruptly stopped payments in January
2025.
3. That the Respondents named herein have failed in their statutory duties to protect
investor interests and act against financial frauds.
LIST OF RESPONDENTS:
Union of India, through the Ministry of Finance
Securities and Exchange Board of India (SEBI)
Reserve Bank of India (RBI)
Enforcement Directorate (ED)
Serious Fraud Investigation Office (SFIO)
Cyberabad Police / Economic Offenses Wing (EOW)
Falcon Capital Ventures Pvt Ltd & its Directors
GROUNDS FOR FILING THE PIL:
1. Failure of Law Enforcement & Regulatory Authorities
• Despite repeated complaints, no decisive action has been taken against Falcon
Capital Ventures Pvt Ltd.
• No refunds or asset seizures have been initiated despite strong evidence of financial
fraud.
2. Violation of Fundamental Rights (Article 21 of the Constitution)
• Thousands of retail investors’ financial security has been destroyed due to this
scam.
• Right to Property (Article 300A) has been violated as investor funds remain
unrecovered.
3. Violation of Financial Regulations & Investor Protection Laws
• Falcon Invoice Discounting operated an unregistered financial scheme, violating
SEBI (Collective Investment Schemes) Regulations, 1999.
• The RBI has not issued timely advisories warning investors about the risks
associated with such schemes.
PRAYER (RELIEF SOUGHT)
In view of the above, the Petitioner most respectfully prays that this Hon’ble Court may be
pleased to:
Direct the Enforcement Directorate (ED) and SFIO to initiate immediate forensic
investigations and trace the misappropriated funds.
Direct SEBI and RBI to take regulatory action against Falcon Capital Ventures Pvt
Ltd and blacklist the company and its directors.
Order the immediate freezing and seizure of bank accounts and assets of the accused
promoters under the Prevention of Money Laundering Act (PMLA), 2002.
Direct the Cyberabad Police and EOW to expedite criminal investigations and issue
Lookout Circulars (LOCs) against absconding accused persons.
Establish a high-level regulatory committee to ensure better oversight and investor
protection against similar scams in the future.
Any other reliefs as the Hon’ble Court may deem fit and proper in the interest of
justice and public welfare.
LIST OF DOCUMENTS ANNEXED
Annexure 1: Investment proofs (contracts, payment receipts, agreements)
Annexure 2: Copies of FIRs & complaints filed with authorities
Annexure 3: Media reports covering the FID fraud
Annexure 4: SEBI & RBI financial regulations violated by FID
Annexure 5: Details of accused persons & their known assets
DECLARATION
The Petitioner affirms that:
No other PIL is pending on this issue before any other court.
This PIL is filed in the public interest with no vested financial motives.
All documents provided are true to the best of the Petitioner’s knowledge.
Filed by:
[Petitioner Name]
General Secretary, Falcon Invoice Discounting Investors Recovery Group (FIDIRG)
Address: [AOP Address]
Contact: [Phone Number]
Email: [Email ID]
Filed Through: [Lawyer’s Name]
[Law Firm Address]
Date of Filing: [DD/MM/YYYY]
NEXT STEPS TO FILE THIS PIL:
Step 1: Identify a pro-bono or experienced financial fraud lawyer to draft and file the
PIL in the High Court/Supreme Court.
Step 2: Attach all relevant supporting documents.
Step 3: File the PIL in the High Court of the respective jurisdiction
(Telangana/Delhi/Mumbai).
Step 4: Publicize the PIL through social media & press releases to gain media coverage.
Step 5: Attend court hearings and push for urgent action & interim relief orders.
A PIL will bring public and judicial pressure on authorities to act quickly!
LETTER TO MEMBERS OF PARLIAMENT (MPs) & GOVERNMENT
OFFICIALS
(For Seeking Political & Government Intervention in Falcon Invoice Discounting (FID)
Fraud Case)
GENERAL INSTRUCTIONS:
Who Should Receive This Letter?
• Members of Parliament (MPs) from investor constituencies
• Ministry of Finance, Government of India
• Ministry of Corporate Affairs (MCA)
• Prime Minister’s Office (PMO)
• State Finance Ministers & Law Ministers
How to Send?
• Email or Physical Post to MP offices.
• Use mygov.in to submit grievances to the Prime Minister’s Office.
• Send letters via Registered Post for official acknowledgment.
TEMPLATE FOR LETTER TO MPs & GOVERNMENT OFFICIALS
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Date: [DD/MM/YYYY]
To,
[Recipient’s Name]
[Designation]
[Office Address]
Subject: Urgent Request for Government Intervention in ₹1,700 Crore Falcon Invoice
Discounting (FID) Fraud
Respected Sir/Madam,
I am writing to bring to your attention a massive financial fraud involving Falcon Invoice
Discounting (FID), operated by Falcon Capital Ventures Pvt Ltd, which has resulted in
the misappropriation of ₹1,700 crore from 6,979 investors across India.
As of today, ₹850 crore remains unpaid, and thousands of retail investors are struggling
to recover their hard-earned savings. Despite multiple FIRs and complaints to regulatory
agencies, there has been no decisive action from law enforcement bodies.
Key Facts About the Falcon Invoice Discounting (FID) Fraud:
• The company falsified invoice discounting deals to create an illusion of legitimate
business operations.
• Payments were abruptly stopped in January 2025, leaving investors in severe
financial distress.
• Cyberabad Police & Economic Offenses Wing (EOW) have registered cases, but
progress is slow.
• The Enforcement Directorate (ED) and Serious Fraud Investigation Office
(SFIO) have yet to take action despite clear evidence of money laundering.
• The main accused are absconding, and there is no confirmation of Lookout
Circulars (LOCs) being issued.
IMMEDIATE ACTIONS REQUIRED FROM GOVERNMENT &
PARLIAMENTARY INTERVENTION
Immediate freezing of assets & bank accounts of Falcon Capital Ventures Pvt Ltd
under the Prevention of Money Laundering Act (PMLA), 2002.
Directive to RBI & SEBI to investigate regulatory violations and ensure that investor
funds are returned.
Expedited criminal investigations by ED, SFIO, and Cyberabad Police to prosecute
the accused.
Issuance of Lookout Circulars (LOCs) against absconding promoters to prevent them
from fleeing the country.
Formation of a Parliamentary Investigation Committee on Investment Fraud
Protection to prevent future scams.
HOW THIS IMPACTS THE COMMON CITIZEN
This scam has wiped out life savings of senior citizens, working professionals, and small
investors.
Lack of government intervention is eroding public trust in financial regulatory
systems.
Investors are at risk of permanent financial losses if action is not taken immediately.
We urge you to raise this issue in Parliament and direct the relevant authorities to act
without further delay. We are also requesting an official meeting with the Ministry of
Finance & SEBI officials to present investor concerns.
Awaiting your urgent response and parliamentary intervention on this critical issue.
SIGNATURES OF AFFECTED INVESTORS
S. No.
Investor Name
Investment Amount (₹)
Signature
1
[Investor Name]
[Amount]
[Signature]
2
[Investor Name]
[Amount]
[Signature]
...
...
...
...
ENCLOSURES:
✔ Investment Proof (Agreements, Payment Receipts, Screenshots)
✔ Copies of FIRs, SEBI/RBI Complaints, and RTI Requests
✔ Media Reports Covering the FID Fraud
WHERE TO SEND THIS LETTER?
1. Prime Minister’s Office (PMO)
✉ Address: Prime Minister’s Office, South Block, Raisina Hill, New Delhi - 110011
Email: connect@mygov.nic.in
2. Ministry of Finance, Government of India
✉ Address: North Block, New Delhi - 110001
Email: fm@indiabudget.gov.in
3. Ministry of Corporate Affairs (MCA)
✉ Address: A-Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi - 110001
Email: contactus@mca.gov.in
4. Reserve Bank of India (RBI)
✉ Address: Central Office, Shahid Bhagat Singh Road, Mumbai - 400001
Email: helpdoc@rbi.org.in
5. Securities and Exchange Board of India (SEBI)
✉ Address: SEBI Bhavan, Plot No.C4-A, G Block, Bandra Kurla Complex, Mumbai -
400051
Email: sebi@sebi.gov.in
6. MPs & Political Leaders (Example Contacts)
Finance Minister Nirmala Sitharaman (@nsitharaman)
Lok Sabha MP (Investor’s Constituency Representative)
Rajya Sabha MPs Specializing in Finance & Consumer Protection
NEXT STEPS FOR INVESTORS USING THIS LETTER:
Step 1: Print copies & obtain investor signatures.
Step 2: Submit letters via email & registered post to government officials & MPs.
Step 3: Share a soft copy with media outlets & social media influencers.
Step 4: Request meetings with MPs & Finance Ministry representatives for direct
discussions.
Step 5: If no response, escalate through RTI requests & PIL in High Court.
This letter will put direct political pressure on the government to act swiftly!
COMPLAINT LETTER TO INTERNATIONAL FINANCIAL
WATCHDOGS
(To Be Sent to Financial Action Task Force (FATF), International Monetary Fund (IMF),
and Other Global Authorities for Escalation of Falcon Invoice Discounting (FID) Fraud
Case)
GENERAL INSTRUCTIONS:
Who Should Receive This Letter?
• Financial Action Task Force (FATF) – Global anti-money laundering body
• International Monetary Fund (IMF) – Global financial regulatory authority
• Interpol – International police for financial fraud & extradition
• World Bank – Monitoring financial fraud risks
• United Nations Office on Drugs and Crime (UNODC) – Financial crime division
How to Send?
• Email or Online Submission via the respective authority’s complaint portal.
• By Post to Headquarters (Addresses provided below).
Objective:
• Urge global scrutiny on Falcon Capital Ventures Pvt Ltd for suspected cross-
border money laundering.
• Push for international collaboration to track and recover defrauded funds.
• Seek action against absconding accused through international law enforcement.
TEMPLATE FOR LETTER TO FINANCIAL ACTION TASK FORCE
(FATF) & INTERNATIONAL AUTHORITIES
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Date: [DD/MM/YYYY]
To,
The Financial Action Task Force (FATF)
FATF Secretariat, OECD Headquarters
2, Rue André Pascal
75775 Paris Cedex 16, France
Email: contact@fatf-gafi.org
Subject: Urgent Request for Global Financial Investigation & Action Against ₹1,700
Crore Falcon Invoice Discounting (FID) Fraud
Respected Sir/Madam,
I am writing on behalf of 6,979 investors from India who have fallen victim to a large-scale
financial fraud orchestrated by Falcon Invoice Discounting (FID), operated by Falcon
Capital Ventures Pvt Ltd. This fraudulent investment platform has misappropriated ₹1,700
crore ($204 million USD) and halted payments in January 2025, leaving investors in
severe financial distress.
Despite multiple law enforcement complaints in India, the perpetrators remain at large,
with suspected offshore fund diversions.
KEY INDICATORS OF CROSS-BORDER MONEY LAUNDERING:
Fake invoice discounting deals were used to siphon funds through international
payment gateways.
Unregistered offshore bank accounts were allegedly created to conceal transactions.
Main accused (Amardeep Kumar, Aryan Singh, Yogender Singh) are absconding,
possibly seeking asylum in foreign jurisdictions.
Enforcement Directorate (ED) & Serious Fraud Investigation Office (SFIO) in India
have been slow in launching global investigations.
Given the international scale of this financial fraud, we urge FATF to intervene and
recommend immediate action to track the offshore flow of stolen investor funds.
REQUEST FOR IMMEDIATE FATF ACTION
We request the Financial Action Task Force (FATF) to:
Issue a global financial alert to investigate Falcon Capital Ventures Pvt Ltd under anti-
money laundering (AML) regulations.
Collaborate with Interpol and global banking networks to freeze offshore accounts
linked to the scam.
Blacklist Falcon Capital Ventures and its promoters for financial misconduct.
Request action from India’s Financial Intelligence Unit (FIU-IND) to trace money
flows and recover investor funds.
This scam has shaken public confidence in financial systems, and global coordination is
essential for justice.
Awaiting your urgent response and intervention.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments:
✔ Investment Proof (Agreements, Payment Receipts)
✔ Copies of FIRs, SEBI/RBI Complaints
✔ Media Reports Covering the FID Fraud
✔ List of Accused and Known Assets
ADDITIONAL CONTACTS FOR INTERNATIONAL COMPLAINTS
1. International Monetary Fund (IMF)
✉ Address:
International Monetary Fund (IMF) Headquarters
700 19th Street, NW, Washington, D.C. 20431, USA
Email: publicaffairs@imf.org
Complaint Form: https://www.imf.org/en/Contact
2. Interpol (International Police for Financial Crime & Extradition)
✉ Address:
Interpol General Secretariat
200 Quai Charles de Gaulle
69006 Lyon, France
Email: crimeanalysis@interpol.int
Complaint Form: https://www.interpol.int/en/Contacts/Report-a-crime-or-missing-
person
3 United Nations Office on Drugs and Crime (UNODC) – Financial Crime Division
✉ Address:
Vienna International Centre, Wagramer Str. 5, 1400 Vienna, Austria
Email: unodc-financialcrime@un.org
Complaint Form: https://www.unodc.org/unodc/en/contact-us.html
NEXT STEPS FOR INVESTORS USING THIS LETTER
Step 1: Send emails to FATF, IMF, Interpol, and UNODC with complaint details.
Step 2: Submit complaints via official web portals (IMF, Interpol, UN).
Step 3: Attach investment proofs, FIRs, and regulatory complaints.
Step 4: Follow up every 15 days for case updates.
Step 5: Coordinate with media and legal teams to publicize the international fraud
angle.
International pressure will ensure global financial monitoring agencies act against
Falcon Invoice Discounting (FID) fraud!
MASS INVESTOR COMPLAINT PETITION TO THE PRESIDENT OF
INDIA
(To Be Submitted to the President of India for High-Level Government Action on Falcon
Invoice Discounting (FID) Fraud Case)
GENERAL INSTRUCTIONS:
Who Should Sign?
• All affected investors
• Legal representatives of the AOP (Association of Persons - FIDIRG)
• Concerned citizens & financial fraud victims who support stronger regulations
Where to Submit?
• Physically at Rashtrapati Bhavan (through registered post or in-person submission)
• Online via the President’s grievance portal: https://helpline.rb.nic.in
Objective:
• Seek direct Presidential intervention to instruct government agencies to act swiftly.
• Demand the formation of a high-level investigation committee to fast-track fund
recovery.
• Ensure strict enforcement of financial fraud laws to protect retail investors.
MASS PETITION TEMPLATE TO THE PRESIDENT OF INDIA
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Date: [DD/MM/YYYY]
To,
The Hon’ble President of India
Rashtrapati Bhavan,
New Delhi – 110004
Email: helpline@rb.nic.in
Subject: Urgent Petition for Presidential Intervention in ₹1,700 Crore Falcon Invoice
Discounting (FID) Financial Fraud
Respected Hon’ble President of India,
We, the undersigned, are victims of a large-scale financial fraud perpetrated by Falcon
Invoice Discounting (FID), operated by Falcon Capital Ventures Pvt Ltd and Capital
Protection Force Pvt Ltd. This fraudulent investment platform collected ₹1,700 crore from
6,979 investors across India and suddenly halted all payments in January 2025, leaving
₹850 crore unpaid.
WHY THIS FRAUD REQUIRES IMMEDIATE PRESIDENTIAL
INTERVENTION:
Thousands of families have lost their life savings, leading to severe financial and
emotional distress.
Despite multiple FIRs and complaints, law enforcement agencies have failed to
recover funds.
The main accused are absconding, and there is no confirmation of Lookout Circulars
(LOCs) being issued to prevent them from fleeing the country.
The Enforcement Directorate (ED) and Serious Fraud Investigation Office (SFIO)
have not yet frozen assets or traced offshore money laundering transactions.
Lack of government action is setting a dangerous precedent, allowing fraudulent
financial schemes to flourish unchecked.
LIST OF ACCUSED & MISSING INVESTOR FUNDS
Accused Name
Designation
Current Status
Amardeep Kumar
Managing Director, Falcon Capital Ventures Pvt Ltd
Absconding
Aryan Singh
Chief Operating Officer
Absconding
Yogender Singh
Chief Executive Officer
Absconding
Pavan Kumar
Vice President & Business Head
Arrested
Kavya N
Director, Falcon Capital Ventures Pvt Ltd
Arrested
OUR APPEAL TO THE PRESIDENT OF INDIA
We, the affected investors, humbly request your immediate intervention to:
1. Issue Presidential Directives to Law Enforcement Authorities
Fast-track the Enforcement Directorate (ED) and SFIO investigation into the scam.
Direct SEBI and RBI to take regulatory action against Falcon Capital Ventures Pvt
Ltd.
Ensure Lookout Circulars (LOCs) are issued immediately for absconding fraudsters.
2. Establish a High-Level Committee for Financial Fraud Prevention
A special committee should be formed under the Ministry of Finance to expedite
fund recovery.
The committee must monitor the liquidation of Falcon Capital Ventures Pvt Ltd
assets and return funds to investors.
3. Introduce Stronger Investment Fraud Regulations in India
Amend financial laws to introduce stricter monitoring of alternative investment
platforms.
Implement a mandatory SEBI/RBI approval system for all invoice discounting
platforms.
4. Ensure Government Accountability in Investor Protection
Hold public hearings to allow fraud victims to present their case before Parliament.
Introduce legal provisions to prevent such frauds from occurring again.
SIGNATURES OF AFFECTED INVESTORS & SUPPORTERS
(Attach additional sheets if required.)
S. No.
Investor Name
Investment Amount (₹)
Signature
1
[Investor Name]
[Amount]
[Signature]
2
[Investor Name]
[Amount]
[Signature]
3
[Investor Name]
[Amount]
[Signature]
...
...
...
...
ENCLOSURES:
✔ Investment Proof (Agreements, Payment Receipts, Screenshots)
✔ Copies of FIRs, SEBI/RBI Complaints, and RTI Requests
✔ Media Reports Covering the FID Fraud
WHERE TO SUBMIT THIS PETITION?
1. Physically by Post to Rashtrapati Bhavan
✉ Address: The President of India, Rashtrapati Bhavan, New Delhi – 110004
Use Registered Post with Acknowledgment Receipt for tracking.
2. Online Submission via Grievance Portal
Website: https://helpline.rb.nic.in
Email: helpline@rb.nic.in
3. Copy to the Prime Minister’s Office (PMO)
✉ Address: Prime Minister’s Office, South Block, Raisina Hill, New Delhi - 110011
Email: connect@mygov.nic.in
4. Copy to the Ministry of Finance & Law Ministry
✉ Ministry of Finance: North Block, New Delhi - 110001
Email: fm@indiabudget.gov.in
5. Submit to MPs & Public Representatives for Parliamentary Discussion
Finance Minister Nirmala Sitharaman (@nsitharaman)
Local MPs from affected investor regions
NEXT STEPS FOR INVESTORS USING THIS PETITION:
Step 1: Print multiple copies and gather maximum investor signatures.
Step 2: Submit physically via registered post and online via grievance portal.
Step 3: Share soft copies with MPs & financial news agencies for public awareness.
Step 4: Organize public investor gatherings to escalate media coverage.
Step 5: Track response from Rashtrapati Bhavan and escalate further if ignored.
A direct appeal to the President of India will bring national attention to the fraud
and force swift action!
INVESTOR LEGAL REPRESENTATION AGREEMENT (POWER OF
ATTORNEY)
(To Authorize Lawyers to Represent Investors in Legal Action for Fund Recovery from
Falcon Invoice Discounting (FID) Fraud)
GENERAL INSTRUCTIONS:
Who Needs to Sign?
• Individual investors who want legal representation.
• Association of Persons (AOP) – Falcon Invoice Discounting Investors Recovery
Group (FIDIRG).
Who Will Be Authorized?
• Lawyers or a legal firm specializing in financial fraud cases.
Where Will This Be Used?
• Court proceedings (Civil Recovery Suit, NCLT, PIL, etc.).
• Regulatory complaints (SEBI, RBI, Enforcement Directorate, SFIO).
• Negotiations with authorities for fund recovery.
How to Execute?
• Notarize the Power of Attorney (PoA) before submission.
• Each investor should keep a signed copy for reference.
POWER OF ATTORNEY FOR LEGAL
REPRESENTATION
This Legal Representation Agreement is executed on this [DD/MM/YYYY] at [City,
State], India.
BETWEEN
[Investor’s Name], Son/Daughter/Wife of [Parent’s/Spouse’s Name], aged [XX] years,
residing at [Investor’s Full Address], hereinafter referred to as the "Principal", which term
shall include his/her heirs, legal representatives, executors, administrators, and assigns.
AND
[Lawyer’s Name / Law Firm Name], having its registered office at [Law Firm Address],
hereinafter referred to as the "Attorney", which term shall include his/her associates, legal
representatives, and successors.
WHEREAS:
1. The Principal is an investor in Falcon Invoice Discounting (FID), operated by Falcon
Capital Ventures Pvt Ltd and Capital Protection Force Pvt Ltd, which has committed a
financial fraud of ₹1,700 crore affecting 6,979 investors.
2. The Principal has suffered financial loss amounting to ₹[Investor’s Investment
Amount], and Falcon Invoice Discounting has failed to return funds as promised.
3. The Attorney specializes in financial fraud cases and has agreed to represent the
Principal for the purpose of legal action and fund recovery.
NOW, THEREFORE, THIS AGREEMENT WITNESSES AS FOLLOWS:
1. SCOPE OF LEGAL REPRESENTATION
The Principal hereby authorizes the Attorney to:
File and pursue legal proceedings in any competent court or tribunal (including High
Court, Supreme Court, NCLT).
File complaints with regulatory authorities including SEBI, RBI, SFIO, and
Enforcement Directorate.
Engage in asset recovery actions, including petitioning for freezing of bank accounts
& property seizures of Falcon Capital Ventures Pvt Ltd.
Negotiate and represent the Principal in any settlement proceedings with financial
regulators and authorities.
File applications for collective investor recovery mechanisms, including civil class-
action lawsuits and insolvency proceedings.
2. LEGAL FEES & PAYMENT TERMS
The Principal agrees to compensate the Attorney as follows:
Retainer Fee: ₹[Amount] (Payable at the time of signing this agreement).
Court Filing Fees & Miscellaneous Costs: To be paid as and when required.
Success Fee: [X]% of the amount recovered (to be paid only upon successful fund
recovery).
Legal Expenses: All out-of-pocket expenses incurred in the legal process shall be
reimbursed by the Principal upon submission of actual receipts.
If no recovery is made, the Principal shall not be liable for any additional legal fees
beyond court filing costs.
3. DURATION & TERMINATION OF AGREEMENT
This Power of Attorney shall remain valid until:
1. The funds are successfully recovered, or
2. The Principal chooses to terminate the legal representation by serving a 15-day prior
written notice.
The Attorney may withdraw from representation if:
The Principal fails to provide necessary cooperation or documentation.
There is a legal conflict of interest that prevents further representation.
Any termination shall not affect the rights and obligations accrued prior to
termination.
4. LIABILITY & INDEMNIFICATION
The Principal shall not hold the Attorney liable for delays or adverse court rulings that
are beyond their control.
The Attorney shall perform legal duties diligently but does not guarantee a specific
outcome.
Both parties agree to act in good faith and pursue the best possible recovery of lost
investor funds.
5. GENERAL PROVISIONS
Governing Law: This agreement shall be governed by the laws of India.
Dispute Resolution: Any disputes shall be resolved through arbitration in [City Name]
as per the Arbitration & Conciliation Act, 1996.
Confidentiality: The Attorney shall maintain strict confidentiality regarding investor
details and case strategies.
DECLARATION & SIGNATURES
I, [Investor Name], the undersigned Principal, confirm that I have read, understood, and
voluntarily execute this Legal Representation Agreement with full knowledge of its terms.
Investor Name
Signature
Date
[Investor 1]
______________
[DD/MM/YYYY]
[Investor 2]
______________
[DD/MM/YYYY]
[Investor 3]
______________
[DD/MM/YYYY]
…
…
…
WITNESSES:
Witness Name
Signature
Address
[Witness 1]
______________
[Witness Address]
[Witness 2]
______________
[Witness Address]
For Legal Representation:
[Lawyer’s Name / Law Firm Name]
Address: [Law Firm Address]
✍ Signature: _______________
Date: [DD/MM/YYYY]
NEXT STEPS TO EXECUTE THIS POWER OF ATTORNEY:
Step 1: Print copies of this document on stamp paper (₹100 or as per state
requirement).
Step 2: Get the investor’s and lawyer’s signatures notarized.
Step 3: Submit a copy to the legal firm handling the case.
Step 4: Each investor should retain a signed copy for records.
Step 5: File it with the court or regulatory bodies where required.
This Power of Attorney ensures that investors have strong legal backing for fund
recovery efforts!
INVESTOR RIGHTS GUIDE: LEGAL OPTIONS & TIMELINES
(A Comprehensive Guide for Investors Affected by Falcon Invoice Discounting (FID) Fraud)
INTRODUCTION
This guide is designed to help 6,979 investors affected by the ₹1,700 crore Falcon Invoice
Discounting (FID) fraud understand their legal rights, options, and next steps to recover
their investments.
1. LEGAL RIGHTS OF INVESTORS
As a victim of financial fraud, you have the following legal rights under Indian law:
Right to File an FIR – You have the right to file a criminal complaint under fraud and
cheating laws.
Right to Regulatory Protection – Authorities like SEBI, RBI, SFIO, and ED are
responsible for investigating fraudulent financial activities.
Right to Civil Remedy – You can sue the company and its directors for fund recovery
through civil courts or NCLT (if insolvency is filed).
Right to Class-Action Lawsuit – Investors can collectively file a legal suit as an
Association of Persons (AOP).
Right to Asset Seizure & Compensation – Courts can direct the attachment of assets &
bank accounts of the accused.
Right to Demand Government Action – Investors can petition the President, Finance
Ministry, and Parliament for intervention.
2. LEGAL OPTIONS AVAILABLE TO INVESTORS
Investors should pursue a multi-pronged approach to ensure maximum fund recovery.
CRIMINAL ACTION (FIR & EOW COMPLAINTS)
Where to File?
• Cyberabad Police (Jurisdiction of the scam)
• Local Police Station (Economic Offenses Wing - EOW)
Legal Sections Applied:
• Cheating & Fraud (Bharatiya Nyaya Sanhita - BNS) Section 316
• Criminal Breach of Trust (BNS) Section 317
• Prevention of Money Laundering Act (PMLA), 2002
Expected Timeline: 2-6 months for FIR registration & investigation updates.
REGULATORY ACTION (SEBI, RBI, ED, SFIO COMPLAINTS)
Authorities Handling the Case:
• SEBI (Securities and Exchange Board of India) – To investigate regulatory
violations.
• RBI (Reserve Bank of India) – To blacklist Falcon Capital Ventures.
• Enforcement Directorate (ED) – To track & freeze assets under PMLA, 2002.
• Serious Fraud Investigation Office (SFIO) – To conduct a forensic financial audit.
Expected Timeline: 3-12 months for regulatory action.
CIVIL SUIT FOR RECOVERY (HIGH COURT / NCLT / CONSUMER
COURT)
Legal Remedies Available:
1. Civil Recovery Suit – Filed in the High Court to recover misappropriated funds.
2. NCLT Insolvency Proceedings – Investors can force Falcon Capital Ventures into
bankruptcy under Insolvency and Bankruptcy Code (IBC), 2016.
3. Consumer Court Complaint – If Falcon misrepresented returns, it falls under unfair
trade practices.
Expected Timeline: 6 months - 3 years, depending on court proceedings.
INVESTOR-LED CLASS ACTION (PIL & MASS PETITIONS)
Mass Petitions Filed To:
• President of India (For National Intervention & Investor Protection Laws).
• Prime Minister’s Office (To Fast-Track Investigations).
• Finance Ministry & Parliamentary Committees (To Introduce Stricter Financial
Fraud Laws).
Expected Timeline: Ongoing – requires investor participation & media push.
3. STEP-BY-STEP ACTION PLAN FOR INVESTORS
STEP 1: FILE AN FIR & LEGAL COMPLAINTS (WITHIN 15 DAYS)
Action Required:
File an FIR with Cyberabad Police/EOW using FIR template provided.
Submit complaints to SEBI, RBI, SFIO & ED via email and physical post.
STEP 2: JOIN THE ASSOCIATION OF PERSONS (AOP) FOR LEGAL
REPRESENTATION (WITHIN 30 DAYS)
Action Required:
Sign the AOP Agreement for collective legal action.
Authorize lawyers via Power of Attorney (PoA) for case representation.
STEP 3: PURSUE CIVIL & NCLT ACTION (WITHIN 60 DAYS)
Action Required:
File a Civil Recovery Suit in the High Court.
Initiate insolvency proceedings through NCLT for fund recovery.
STEP 4: ESCALATE CASE TO INTERNATIONAL FINANCIAL BODIES
(WITHIN 90 DAYS)
Action Required:
File a complaint with Financial Action Task Force (FATF), IMF, Interpol, and
UNODC.
Push for international asset tracking & extradition of absconding accused.
STEP 5: ORGANIZE SOCIAL MEDIA & PUBLIC PRESSURE
CAMPAIGNS (ONGOING)
Action Required:
Use hashtags like #JusticeForFIDInvestors #SEBIActNow #RecoverOurMoney.
Tag PMO, Finance Ministry, RBI & SEBI on Twitter & LinkedIn.
Engage journalists & news outlets for maximum media coverage.
4. TIMELINE SUMMARY: WHEN CAN INVESTORS
EXPECT ACTION?
Action Taken
Expected
Timeframe
Outcome
Filing FIR & Complaints Within 15 days
FIR registered, regulatory
bodies informed
Joining AOP & Legal Representation Within 30 days
Investors gain collective legal
standing
Civil Suit & NCLT Proceedings
Within 60 days
Fund recovery via court process
International Complaints (FATF,
IMF, Interpol)
Within 90 days Global scrutiny & legal pressure
Social Media & Public Awareness Ongoing
Maximum pressure on
authorities
5. COMMON INVESTOR QUESTIONS & ANSWERS
Q1: Can I recover my money from Falcon Invoice Discounting?
Yes, but it requires aggressive legal & regulatory action. Investors must file FIRs, join
AOP, and push for asset seizure.
Q2: What happens if the fraudsters have fled the country?
The Enforcement Directorate (ED) can issue extradition requests through Interpol
Red Notices if LOCs are issued in time.
Q3: What if I don’t want to join a collective legal action?
Individual civil suits are possible, but collective action through AOP has a higher
success rate.
Q4: Will Falcon Capital Ventures' assets be seized?
If ED & SFIO take immediate action, bank accounts & properties can be frozen
under PMLA, 2002.
Q5: What can I do right now to maximize recovery chances?
Follow this checklist:
✔ File your FIR immediately.
✔ Sign up for legal representation via AOP.
✔ Submit complaints to SEBI, RBI, ED & SFIO.
✔ Join the social media & media awareness campaign.
✔ Prepare documents for legal proceedings.
INVESTORS, YOUR ACTION TODAY DETERMINES YOUR CHANCES OF
RECOVERY!
For Legal Assistance & Updates, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
GUIDE TO TRACKING CASE PROGRESS & FOLLOWING UP WITH
AUTHORITIES
(For Falcon Invoice Discounting (FID) Investors to Ensure Timely Action & Fund Recovery)
WHY IS FOLLOW-UP IMPORTANT?
Filing an FIR or legal complaint is just the first step. Investors must continuously
track case progress, follow up with authorities, and escalate delays to ensure timely
action.
Government agencies often delay cases unless public pressure is applied. Consistent
follow-ups and legal escalations will force authorities to act faster.
1. HOW TO TRACK FIR & POLICE INVESTIGATION
PROGRESS
Step 1: Get a Copy of the FIR
• If you have filed an FIR, ensure you receive a copy with an official FIR number.
• If you haven’t received an FIR copy, visit the police station within 7 days and
demand it.
Step 2: Use Online FIR Tracking Portals
Most state police departments allow FIR tracking online.
Example FIR tracking websites:
• Telangana Police (Cyberabad Jurisdiction): https://citizenservices.tspolice.gov.in
• Delhi Police: https://delhipolice.gov.in
• Maharashtra Police: https://mahapolice.gov.in
What to Check?
Status: “Under Investigation” or “Closed”
Officer Assigned: Name & contact details of the Investigating Officer (IO)
Case Number: Use it for future references
Step 3: Visit the Police Station Every 15 Days
Questions to Ask the IO:
1. What progress has been made?
2. Have Lookout Circulars (LOCs) been issued for absconding accused?
3. Have the company’s bank accounts and assets been frozen?
4. What legal sections have been applied in the case?
Step 4: If No Progress, Escalate the Complaint
• File an RTI request to demand case status.
• Submit an escalation letter to the Commissioner of Police & Economic Offenses
Wing (EOW).
• If FIR is delayed, file a complaint with the local Magistrate under Section 156(3)
of the Criminal Procedure Code (CrPC).
Escalation Timeline:
Action
When to Escalate?
Who to Contact?
FIR not registered
Within 7 days of
complaint
Police Commissioner / Magistrate
No investigation
updates
After 15 days
Investigating Officer (IO) / DCP / SP of
Economic Offenses Wing
Action
When to Escalate?
Who to Contact?
No arrests made
After 30 days
Cyberabad Police, High Court Writ Petition
2. HOW TO FOLLOW UP ON REGULATORY
COMPLAINTS (SEBI, RBI, ED, SFIO)
Step 1: Keep Track of Complaint Numbers
• After filing complaints with SEBI, RBI, ED, or SFIO, note down the reference
number.
• Most regulatory bodies provide a tracking portal where you can check updates.
Step 2: Follow Up Regularly (Every 15-30 Days)
Authority
Complaint Tracking
Link
Follow-Up Contact
SEBI (Securities &
Exchange Board of
India)
https://scores.gov.in sebi@sebi.gov.in
RBI (Reserve Bank of
India)
https://cms.rbi.org.in helpdoc@rbi.org.in
ED (Enforcement
Directorate)
[No Public Tracking
Available]
director@enforcementdirectorate.gov.in
SFIO (Serious Fraud
Investigation Office)
https://sfio.nic.in sfio@nic.in
Step 3: Escalation If No Response
• If no response within 30 days, escalate to the Finance Ministry & Prime
Minister’s Office (PMO).
• File an RTI request asking for updates on action taken.
Step 4: Demand Action via Legal Notices
If SEBI, RBI, or ED do not act, investors can send a Legal Notice through a lawyer
demanding urgent intervention.
Step 5: Engage the Media & Social Media
• Tag SEBI, RBI, ED, and the Finance Ministry in social media campaigns.
• Get financial journalists to cover the delay in action.
3. HOW TO TRACK COURT CASES (HIGH COURT /
NCLT / CONSUMER COURT)
Step 1: Check the Court Filing Status
• Use online portals to track case listings, hearings, and orders.
Where to Track Court Cases?
Court
Tracking Website
What to Check?
High Courts (State Jurisdiction) https://hcservices.ecourts.gov.in
Case status, hearing
dates, orders
National Company Law
Tribunal (NCLT)
https://nclt.gov.in
Insolvency proceedings
updates
Consumer Court (If
Misrepresentation in
Investment)
https://consumerhelpline.gov.in
Complaint status,
compensation updates
Step 2: Ensure Lawyers Are Attending Hearings
• Investors should demand regular case updates from the legal team.
• If no hearings occur for more than 3 months, push for an expedited hearing.
Step 3: Use RTI to Demand Court Timelines
• If delays continue, file an RTI requesting case status updates.
• Escalate with a Public Interest Litigation (PIL) for faster hearing.
4. HOW TO MONITOR MEDIA & POLITICAL
PRESSURE CAMPAIGNS
Step 1: Track News Coverage
• Check daily news on financial fraud cases for Falcon Invoice Discounting updates.
• If no media attention, contact journalists to cover investor struggles.
Step 2: Social Media Tracking
• Search for hashtags related to FID fraud (#JusticeForFIDInvestors, #SEBIActNow,
#RecoverOurMoney).
• Check if government officials are responding to investor concerns.
Step 3: Publicly Tag Key Authorities Every Week
Authority / Person
Tag on Twitter
(X)
How to Engage?
Prime Minister Modi
@narendramodi
Demand government action
Finance Minister Nirmala
Sitharaman
@nsitharaman
Ask for investor protection
measures
Enforcement Directorate (ED) @dir_ed
Request asset seizure & money
tracing
SEBI India
@SEBI_India
Demand regulatory intervention
Step 4: Join Investor Groups for Coordination
• Join WhatsApp & Telegram groups for FID investors to share updates.
• Organize mass complaint filings to increase pressure.
FINAL CHECKLIST FOR INVESTORS
Have you received an FIR copy? If not, escalate.
Have you tracked your SEBI/RBI/ED complaint? If pending, send reminders.
Are you monitoring court case status? If delayed, demand urgency.
Are you engaging in public campaigns? Social media pressure works.
Are you coordinating with other investors? Collective action speeds up results.
FOLLOW-UP IS KEY! PERSISTENCE ENSURES JUSTICE & RECOVERY!
For Legal Assistance & Updates, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
FINANCIAL CHECKLIST FOR INVESTORS: HOW TO SAFEGUARD
AGAINST FUTURE SCAMS
(A Guide to Protect Your Investments & Avoid Financial Fraud Like Falcon Invoice
Discounting (FID) Scam)
WHY THIS CHECKLIST IS IMPORTANT
India has seen a rise in financial frauds, including Ponzi schemes, fake investment
platforms, and unauthorized trading schemes.
The ₹1,700 crore FID scam is a lesson for all investors to be cautious and follow strict
verification steps before investing in any platform.
This checklist will help investors evaluate investment opportunities, avoid scams,
and secure their finances.
1. BEFORE INVESTING: HOW TO VERIFY A
COMPANY OR PLATFORM
Step 1: Check SEBI & RBI Registrations
• Visit SEBI’s Registered Entities List and RBI’s Financial Service Provider List to
verify if the company is legally authorized to collect investments.
• If the company is not listed, do NOT invest.
Step 2: Verify the Company’s Legal Documents
• Check if the company is registered with the Ministry of Corporate Affairs (MCA)
at https://www.mca.gov.in.
• Verify company filings, annual reports, and financial disclosures.
• If a company is newly registered with no financial history, consider it high risk.
Step 3: Review SEBI / RBI Warnings on Investment Scams
• Check SEBI’s Investor Alerts & Warnings at https://www.sebi.gov.in.
• If an investment scheme promises guaranteed high returns, it is likely fraudulent.
Step 4: Investigate Online Reviews & Complaints
• Search for company reviews on Google, LinkedIn, Reddit (r/IndiaInvestments),
and consumer complaint websites.
• If you find multiple fraud complaints, avoid investing.
Step 5: Evaluate the Business Model
✔ Is the company’s business model realistic and transparent?
✔ Are they showing actual audited financials or just fake promises?
✔ Does the investment opportunity sound too good to be true? (If yes, it’s likely a scam!)
2. RED FLAGS TO IDENTIFY SCAMS
Guaranteed High Returns: Any investment claiming 15%-50% returns with no risk
is likely fraudulent.
Lack of Regulatory Approval: If the company is not registered with SEBI, RBI, or
MCA, avoid it.
No Physical Office: If the company has no verifiable office or leadership presence, it’s
a red flag.
Unverified Testimonials & Marketing Hype: Scams rely on fake social media
promotions & exaggerated investor success stories.
Unclear Fund Flow: If you don’t understand how your money is used, DO NOT
invest.
Key Rule: If a company pressures you to invest quickly without proper due diligence,
it’s a scam!
3. SAFEGUARDING YOUR INVESTMENTS: BEST
PRACTICES
Diversify Your Investments
Never put all your money into one investment scheme.
Split your investments between mutual funds, fixed deposits, stocks, and
government-backed securities.
Invest Through Regulated Financial Institutions
Choose SEBI-registered mutual funds, RBI-approved banks, and well-known
stockbrokers.
Invest in NSE/BSE-listed stocks or government-backed bonds.
Check for Official Contracts & Agreements
Always read the fine print before signing any investment agreement.
Do not rely on verbal promises or WhatsApp messages.
Consult a Financial Advisor Before Investing
Seek professional financial advice before committing large sums of money.
If the advisor pushes an unregistered scheme, report them.
Enable Alerts for SEBI & RBI Investment Scams
Subscribe to SEBI & RBI alerts to receive real-time scam warnings.
4. HOW TO REPORT A FRAUDULENT INVESTMENT
SCHEME
If you suspect an investment scam, IMMEDIATELY REPORT IT to:
SEBI (Securities & Exchange Board of India)
Online Complaint: https://scores.gov.in
Email: sebi@sebi.gov.in
RBI (Reserve Bank of India)
Online Complaint: https://cms.rbi.org.in
Email: helpdoc@rbi.org.in
Economic Offenses Wing (EOW) / Cyber Police
Email: [State EOW Email]
File FIR Online at State Police Websites
Serious Fraud Investigation Office (SFIO)
Complaint Form: https://sfio.nic.in
Email: sfio@nic.in
Enforcement Directorate (ED) for Money Laundering Cases
Email: director@enforcementdirectorate.gov.in
5. IF YOU’VE ALREADY INVESTED IN A
FRAUDULENT SCHEME
Step 1: STOP ALL PAYMENTS IMMEDIATELY
• If you’ve invested using EMI or further transactions, block all future payments.
Step 2: File an FIR & Register Complaints with SEBI, RBI, & EOW
• Use FIR template provided in earlier guides to report the fraud.
Step 3: Gather All Investment Proofs
• Bank transactions, WhatsApp conversations, emails, receipts, and agreements.
Step 4: Check If the Company Has Any Recoverable Assets
• File a civil recovery suit or insolvency petition in NCLT if the company has
properties or cash reserves.
Step 5: Join a Legal Action Group or Association of Persons (AOP)
• Collective legal action increases the chances of fund recovery.
Important: The faster you act, the higher the chance of recovering lost money.
6. SAFE INVESTMENT OPTIONS FOR THE FUTURE
Instead of high-risk fraud schemes, consider these secure investment alternatives:
✔ Fixed Deposits (FDs) – Safe, RBI-backed returns.
✔ Mutual Funds – SEBI-regulated, diversified investment options.
✔ Government Bonds & Securities – Guaranteed returns, backed by the Government of
India.
✔ Stock Market (NSE/BSE) – Invest in listed companies with audited financials.
✔ Gold Bonds & Digital Gold – Safer than Ponzi-like investment schemes.
✔ Real Estate (RERA-Approved Projects) – Only invest in verified real estate projects.
Always research before investing and never trust "get rich quick" schemes.
FINAL CHECKLIST FOR INVESTORS
Have you verified the company on SEBI, RBI, and MCA websites?
Does the company have a physical office & leadership transparency?
Are the investment returns realistic and legally compliant?
Do you have proper legal agreements and investment proof?
Did you consult a financial expert before investing?
STAY SAFE, STAY INFORMED, AND PROTECT YOUR INVESTMENTS!
For Fraud Reporting & Legal Assistance, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
PERSONAL FINANCE RECOVERY PLAN FOR INVESTORS WHO
LOST MONEY IN SCAMS
(A Step-by-Step Guide to Financial Stability After Falcon Invoice Discounting (FID) Fraud
Losses)
WHY THIS PLAN IS IMPORTANT
Losing money in a financial scam is devastating, but the right approach can help
investors recover, rebuild, and secure their financial future.
This guide provides structured steps to assess financial damage, create a recovery
plan, and safeguard against future risks.
Even if full fund recovery isn’t immediate, strategic financial adjustments can help
regain stability.
1. ASSESSING FINANCIAL DAMAGE
Step 1: Calculate Your Losses
List all amounts invested in FID or similar fraudulent schemes.
Include any interest or returns you expected but didn’t receive.
Separate recoverable and non-recoverable funds (based on legal case status).
Step 2: Categorize Financial Impact
Category
Your Situation
Action Required
Partial Loss (Less than 20% of
Savings)
Manageable loss
Adjust
short-term budget
Significant Loss (20-50% of
Savings)
Affects financial
stability
Reduce unnecessary expenses
Major Loss (50%+ of Savings)
Serious financial
impact
Debt restructuring & income
recovery required
Step 3: Identify Other Financial Commitments
Check if loan EMIs, credit card dues, or essential payments are impacted.
Prioritize essential financial obligations like rent, utility bills, education fees, and
insurance.
Step 4: Check for Emergency Savings
Do you have at least 3-6 months of living expenses in savings?
If savings are low, focus on rebuilding an emergency fund first.
2. IMMEDIATE FINANCIAL STABILITY PLAN
Step 1: Cut Unnecessary Expenses for 3-6 Months
Pause non-essential spending (luxuries, subscriptions, high-cost entertainment).
Negotiate lower EMI payments with banks if needed.
Avoid new high-risk investments until financial stability is restored.
Step 2: Liquidate Non-Essential Assets (If Required)
Consider selling unused assets (old jewelry, gadgets, stocks not performing well,
extra vehicles, etc.).
If needed, borrow from trusted sources (family, friends) with clear repayment terms.
Step 3: Avoid Further Risky Investments
Do NOT invest in high-return, unverified schemes to "recover" lost money quickly.
Focus on stable, regulated investments with low risk.
Step 4: Reallocate Remaining Savings into Secure Options
✔ Fixed Deposits (FDs) & Recurring Deposits (For guaranteed returns).
✔ Mutual Funds - Low Risk Debt Funds (For stability).
✔ Gold Bonds & Digital Gold (For asset protection).
✔ Government Bonds & Savings Schemes (Like PPF, NSC).
3. INCREASING INCOME TO COMPENSATE FOR
LOSSES
Step 1: Explore Additional Income Sources
Freelancing & Consulting: Use your skills in teaching, writing, coding, designing, or
finance consulting.
Part-Time Jobs: Consider weekend tutoring, online sales, or contract work.
Monetize Hobbies: Convert photography, art, content creation, or fitness coaching
into side income.
Rental Income: Rent out extra space, car, or property for additional earnings.
Step 2: Upgrade Skills for Higher Earnings
Take short-term certification courses in IT, finance, digital marketing, healthcare,
or project management.
Seek promotions or job changes with better salary potential.
Step 3: Start a Small Business (If Possible)
✔ Low-investment ideas: Dropshipping, handmade products, social media marketing,
tuition classes.
✔ Ensure legal compliance before starting any financial venture.
Step 4: Network & Join Professional Groups
Attend industry networking events & online communities.
Seek mentorship & guidance for career growth.
4. LEGAL & FINANCIAL RESTRUCTURING
OPTIONS
Step 1: Restructure Loans & EMIs (If Needed)
Approach banks & request lower EMI plans or moratoriums.
Consolidate debts into low-interest options (gold loans, secured loans, balance
transfers).
Step 2: File for Tax Relief (If Possible)
Report investment loss under capital loss category in Income Tax Return (ITR).
Seek advice from a certified tax consultant for possible deductions.
Step 3: Claim Refunds or Legal Compensation (If Eligible)
If FID is ordered to refund investors, ensure you are registered for claims.
Join legal action through AOP (Association of Persons) to recover maximum funds.
Step 4: Stay Informed on Recovery Progress
Regularly follow up with SEBI, RBI, ED & police FIR status.
Check updates on asset seizures & fund recovery timelines.
5. BUILDING A STRONGER FINANCIAL FUTURE
Step 1: Create a 5-Year Recovery Plan
Year
Financial Goal
Action Plan
Year 1
Stabilize finances
Reduce expenses, increase income, legal follow-ups
Year
Financial Goal
Action Plan
Year 2
Rebuild savings
Secure investments, build emergency fund
Year 3
Invest wisely
Diversified portfolio with low-risk assets
Year 4
Expand wealth
Consider safe real estate or long-term mutual funds
Year 5
Achieve full recovery
Fully compensated losses through financial discipline
Step 2: Follow the "50-30-20" Financial Rule
✔ 50% of income for essentials (rent, bills, food, insurance).
✔ 30% for personal needs (education, moderate entertainment, hobbies).
✔ 20% for savings & investments (FDs, stocks, mutual funds).
Step 3: Maintain Financial Discipline
Avoid high-risk investments that seem "too good to be true".
Never invest without verifying regulatory approvals.
Keep financial goals realistic and long-term focused.
Step 4: Regularly Monitor Financial Health
✔ Review credit score, bank balances, and savings every 3-6 months.
✔ Ensure investment portfolio is diversified and risk-proof.
6. EMOTIONAL & PSYCHOLOGICAL SUPPORT
AFTER A FINANCIAL LOSS
Step 1: Accept & Process the Loss
✔ Acknowledge the situation without guilt—many investors fall prey to scams.
✔ Focus on proactive recovery efforts instead of blame.
Step 2: Seek Support from Family & Financial Experts
✔ Talk openly with family members about financial planning.
✔ Consult a certified financial planner for structured recovery strategies.
Step 3: Avoid Emotional Investing in the Future
✔ Don’t rush into new investments out of desperation.
✔ Take calculated financial decisions backed by research.
Step 4: Join Investor Support Groups
✔ Connect with other victims for legal updates & recovery guidance.
✔ Stay informed via financial literacy workshops & investment awareness programs.
FINAL CHECKLIST FOR INVESTORS AFTER
FINANCIAL LOSS
Have you calculated & categorized your losses?
Are you reducing unnecessary expenses?
Do you have an income recovery strategy?
Have you joined AOP for legal compensation?
Are you avoiding new financial risks?
Do you have a structured savings & investment plan?
IT'S TIME TO TAKE CONTROL & REBUILD YOUR FINANCIAL FUTURE!
For Legal Assistance & Investment Safety Advice, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
STEP-BY-STEP GUIDE ON CLAIMING TAX BENEFITS FOR
INVESTMENT LOSSES
(How Investors Affected by the Falcon Invoice Discounting (FID) Fraud Can Report Losses
for Tax Relief in India)
WHY THIS GUIDE IS IMPORTANT
Investment losses can be offset against taxable income to reduce tax liability.
If you lost money in Falcon Invoice Discounting (FID) or similar scams, you may be
eligible for tax deductions under the Income Tax Act, 1961.
Key Benefit: If reported correctly, you can reduce your taxable income by adjusting
losses against gains in other investments.
This guide explains how to claim investment losses as a tax deduction in India.
1. CAN YOU CLAIM TAX BENEFITS FOR
INVESTMENT FRAUD LOSSES?
Yes, but it depends on how you invested:
Investment Type
Tax Deduction
Eligibility
Tax Treatment
Stock Market Investments
(Listed Shares, ETFs, Mutual
Funds)
Yes
Classified as Capital Loss
Unlisted Private Investments
(like FID, Ponzi schemes, Fake
Bonds)
No
Not recognized as a tax-deductible
loss unless legally declared a fraud by
SEBI/RBI
Bank Fixed Deposits & Official
Financial Institutions
Yes
Claimed under Section 57 of the IT
Act if bank fails
Real Estate & Property
Investments
Yes
If the investment was legally recorded
& taxed
Key Rule: If the fraud is proven in court or by SEBI/RBI, the loss may be classified as
an allowable capital loss for tax purposes.
2. HOW TO REPORT CAPITAL LOSSES ON YOUR
INCOME TAX RETURN (ITR)
STEP 1: CHECK IF YOUR INVESTMENT LOSS QUALIFIES AS
CAPITAL LOSS
Short-Term Capital Loss (STCL): If the investment was held for less than 36 months
before the fraud occurred.
Long-Term Capital Loss (LTCL): If the investment was held for more than 36
months before the fraud.
Where to Claim?
✔ Report under "Capital Gains" (Schedule CG) in ITR-2 or ITR-3.
✔ Loss can be carried forward for up to 8 years.
STEP 2: DOCUMENTS REQUIRED FOR CLAIMING LOSS
Mandatory Proofs:
✔ Bank Statements & Investment Proofs (Payment receipts, transaction history).
✔ FIR Copy & Complaint with SEBI, RBI, or Police (If the case is under legal
investigation, attach proof of filing complaint).
✔ Legal Notices or Court Orders (If authorities have confirmed the fraud).
Additional Supporting Documents:
✔ Investment Contracts & Agreements (if available).
✔ Auditor’s Report (If loss is significant and needs tax review).
STEP 3: CHOOSING THE RIGHT INCOME TAX RETURN (ITR)
FORM
ITR Form Who Should Use It?
Where to Report Investment
Losses?
ITR-1
(Sahaj)
Salaried individuals with no capital gains
Cannot be used for capital
losses
ITR-2
Individuals with stock market or investment
gains/losses
Report in "Capital Gains
Schedule"
ITR-3
Business owners, professionals, or high-
value investors
Report in "Capital Gains
Schedule"
Which ITR to Choose?
✔ If your FID investment was part of your stock/mutual fund portfolio → Use ITR-2.
✔ If you were involved in multiple investments, property, or business → Use ITR-3.
STEP 4: CLAIMING INVESTMENT LOSSES UNDER CAPITAL
GAINS
How to Report in ITR-2/3?
Go to the ‘Capital Gains’ section in the ITR form.
Select ‘Short-Term Capital Loss (STCL) or Long-Term Capital Loss (LTCL).’
Enter the Total Loss Amount.
Carry forward losses for future years (up to 8 years).
Key Benefits:
✔ Loss can be set off against capital gains in the current or future years.
✔ Reduces taxable income, lowering tax liability.
3. CARRY FORWARD RULE: HOW TO USE YOUR
LOSS FOR FUTURE TAX BENEFITS
If you cannot claim the full loss this year, carry it forward for up to 8 years.
Year
Loss Carried Forward (₹)
Tax Benefit Applied Against Gains?
2025-26
₹5,00,000
No gains to set off
2026-27
₹5,00,000
Used against ₹2,00,000 of capital gains
2027-28
₹3,00,000
Fully set off against capital gains
Example: If you lost ₹5,00,000 in FID, and in 2026 you earn ₹2,00,000 from stocks,
you can set off ₹2,00,000 loss against it and carry forward ₹3,00,000 for future years.
4. SPECIAL TAX RELIEF FOR BANK FRAUD
VICTIMS (SECTION 57 OF THE IT ACT)
If your funds were lost due to fraud in a bank, cooperative society, or registered
NBFC, you can:
Claim loss deduction under Section 57.
Submit a request for tax exemption on the amount lost.
Where to Apply?
✔ IT Department’s Grievance Redressal System: https://incometaxindia.gov.in
✔ Online Appeal to the Income Tax Ombudsman.
5. WHAT IF YOU HAVE ALREADY FILED TAXES
WITHOUT REPORTING LOSSES?
You can revise your ITR before the last filing deadline.
Step 1: Go to Income Tax e-Filing Portal https://www.incometax.gov.in.
Step 2: Select ‘Revised Return’ Option (Section 139(5) of the IT Act).
Step 3: Update your capital loss & resubmit ITR.
Key Benefit: Filing a revised return before the deadline allows loss carry forward.
6. FINAL CHECKLIST BEFORE CLAIMING TAX
BENEFITS
Do you have FIR & SEBI complaint copies? (Required if claiming loss from fraud).
Have you classified the loss as Short-Term (STCL) or Long-Term (LTCL)?
Did you select the correct ITR form (ITR-2 or ITR-3)?
Are you carrying forward losses for up to 8 years?
Have you submitted all supporting documents?
If you answer YES to all, you are eligible for a tax deduction on investment losses.
NEXT STEPS FOR INVESTORS
File tax returns before the deadline (31st July for individuals).
Consult a tax expert to maximize deductions.
Monitor the case progress & update tax filings accordingly.
Avoid future fraudulent investments by verifying SEBI/RBI approvals.
Recover Financially & Use Smart Tax Planning for Maximum Benefit!
For Tax Consultation & Legal Assistance, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
GUIDE TO VERIFY IF AN INVESTMENT COMPANY IS LEGALLY
REGISTERED & SEBI-COMPLIANT
(A Step-by-Step Process to Ensure Your Investments Are Safe & Avoid Scams Like Falcon
Invoice Discounting (FID))
WHY THIS GUIDE IS IMPORTANT
Many scams disguise themselves as legitimate investment opportunities.
Unregistered companies operate without SEBI, RBI, or MCA approval, making it
difficult to recover lost funds in case of fraud.
Before investing, you must verify if a company is legally registered and compliant
with SEBI, RBI, or MCA regulations.
This guide will help you verify investment companies and protect your hard-earned
money.
1. HOW TO CHECK IF A COMPANY IS LEGALLY
REGISTERED IN INDIA?
Step 1: Verify Registration with Ministry of Corporate Affairs (MCA)
✔ Visit the MCA website:
https://www.mca.gov.in/mcafoportal/showCheckCompanyName.do
✔ Enter the Company Name or CIN (Corporate Identification Number).
✔ Click Search to check registration details.
What to Look for?
• Status: “Active” or “Struck Off” (If struck off, avoid investing!)
• Directors' Details: Cross-check if the listed directors have fraud cases.
• Registered Address: If no physical office exists, it’s a red flag.
Red Flag: If the company is not listed on MCA, it is NOT legally registered!
Step 2: Check SEBI Registration for Investment & Trading Companies
✔ Visit the SEBI Registered Intermediaries Portal:
https://www.sebi.gov.in/intermediaries.html
✔ Select the category of the company (Mutual Funds, Stock Brokers, Investment Advisors,
Alternative Investment Funds, etc.).
✔ Search for the company’s name in the registered list.
What to Look for?
✔ SEBI Registration Number (Mandatory for investment firms).
✔ Company’s Compliance Status: If the company is not listed, avoid investing.
Red Flag: If a company claims SEBI approval but is not on the SEBI list, it’s a scam.
Step 3: Check RBI Registration for Non-Banking Financial Companies (NBFCs)
✔ Visit the RBI NBFC List: https://rbi.org.in/Scripts/BS_NBFCList.aspx
✔ Search for the company name in the registered NBFC database.
What to Look for?
✔ If the company is offering financial services (lending, deposits, investments), it must
be RBI-registered.
✔ Check if it is a Deposit-taking (D) or Non-Deposit-taking (ND) NBFC.
Red Flag: If a company claims to be an NBFC but is not on the RBI list, it is operating
illegally.
Step 4: Verify Stock Market Registration (NSE/BSE Listings)
✔ Visit the NSE/BSE Official Websites:
• NSE (National Stock Exchange): https://www.nseindia.com
• BSE (Bombay Stock Exchange): https://www.bseindia.com
✔ Search for the company name in listed stocks.
What to Look for?
✔ If the company is not listed but claims to be a stock investment firm, it is a scam.
✔ If the company claims IPO investment offers but is not in the official IPO list, avoid it.
2. HOW TO IDENTIFY SEBI & RBI WARNINGS
AGAINST FRAUDULENT COMPANIES?
Step 1: Check SEBI’s Investor Alerts & Warnings
✔ Visit SEBI’s Investor Caution List:
https://www.sebi.gov.in/sebiweb/investor/complaints.jsp
✔ Look for blacklisted companies and unauthorized investment platforms.
Red Flag: If a company appears on SEBI’s list of unregistered investment firms, it is a
fraud!
Step 2: Check RBI’s Fraudulent Entity List
✔ Visit RBI’s Consumer Awareness Warnings:
https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx
✔ Search for recent fraud alerts against financial firms.
Red Flag: If RBI has issued a warning against a company, do NOT invest.
Step 3: Search for Complaints on Consumer Forums & Review Websites
✔ Check consumer complaint forums like:
• National Consumer Helpline: https://consumerhelpline.gov.in
• Reddit (r/IndiaInvestments & r/legaladvice)
• MouthShut, Quora, Google Reviews
Red Flag: Multiple complaints about scam alerts, non-payments, or fake customer
reviews.
3. HOW TO VERIFY IF A COMPANY IS A PONZI OR
PYRAMID SCHEME?
Ponzi schemes operate with NO actual business model. They pay old investors using
new investors’ money.
Ponzi Scheme Red Flags:
Guaranteed High Returns (15-50%) – No genuine investment gives such returns.
No SEBI or RBI Registration – If unregistered, it’s operating illegally.
No Clear Revenue Model – If the company does NOT explain how they generate
returns, it’s a scam.
Referral Commissions – If you earn money only by adding more investors, it’s a
pyramid scheme.
Step 1: Check If the Company is Blacklisted by MCA for Ponzi Schemes
✔ Visit https://www.mca.gov.in and search the company name.
✔ Look for official MCA warnings against Ponzi operations.
Step 2: Verify if the Company Has an Actual Business Model
✔ Does it offer a genuine product or service?
✔ Does it have real customers, not just investors?
If a company only profits by recruiting more investors, it is an illegal Ponzi scheme.
4. FINAL CHECKLIST BEFORE INVESTING IN ANY
COMPANY
Have you checked the company’s registration on MCA, SEBI, and RBI websites?
Is the company legally authorized to offer financial services in India?
Does the company have a physical office and valid directors?
Are there any SEBI or RBI warnings against the company?
Does the company have a clear and legal revenue model?
Are there no Ponzi or pyramid scheme red flags?
If the answer is NO to any of these, DO NOT INVEST!
NEXT STEPS FOR INVESTORS
Before investing, ALWAYS verify company details through official government
websites!
If you suspect a fraud, REPORT IT IMMEDIATELY to:
SEBI (Securities & Exchange Board of India): https://scores.gov.in
RBI (Reserve Bank of India): https://cms.rbi.org.in
Ministry of Corporate Affairs (MCA): https://www.mca.gov.in
Economic Offenses Wing (EOW) – File an FIR in case of fraud.
Protect Your Investments & Stay Safe from Scams!
For Fraud Reporting & Investment Safety Advice, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
GUIDE TO LEGALLY RECOVER LOST INVESTMENTS THROUGH
CIVIL LAWSUITS & INSOLVENCY CLAIMS
(Step-by-Step Legal Process for Investors Affected by Falcon Invoice Discounting (FID)
Fraud & Similar Scams)
WHY THIS GUIDE IS IMPORTANT
If you have lost money in FID or any fraudulent investment scheme, legal action is
the best way to recover funds.
The legal system provides multiple ways to recover lost investments, including:
✔ Civil lawsuits for financial recovery
✔ Insolvency claims to seize company assets
✔ Regulatory action through SEBI, RBI, and Enforcement Directorate (ED)
This guide explains how investors can use legal options to maximize their chances of
recovering funds.
1. HOW TO FILE A CIVIL LAWSUIT FOR
INVESTMENT RECOVERY
What is a Civil Recovery Suit?
A civil lawsuit is filed against the fraudster/investment company to demand compensation
for financial losses.
When to File?
✔ If the company stopped payments or refused refunds.
✔ If you have investment proof (contracts, bank transactions, emails, agreements).
✔ If the company still has assets that can be liquidated to pay investors.
Step 1: Choose the Right Court for Filing a Case
Claim Amount
Court to File the Lawsuit
Below ₹20 Lakh
District Court / Consumer Forum
₹20 Lakh – ₹1 Crore
State Consumer Commission / Civil Court
Above ₹1 Crore
High Court / National Consumer Commission (NCDRC)
Step 2: Gather All Required Documents
Investment proof (contracts, payment receipts, agreements).
Bank statements showing money transfers.
Email/WhatsApp conversations proving investment promises.
Copy of FIR or SEBI complaint (if applicable).
Step 3: File a Case with the Help of a Lawyer
• Engage a civil lawyer who specializes in financial fraud cases.
• Submit a legal notice to the company, demanding compensation.
• If the company does not respond, file a civil suit in court.
Expected Outcome:
✔ The court may freeze the company’s assets & bank accounts.
✔ If the company is found guilty, the court can order compensation & refunds.
✔ Legal pressure may force an out-of-court settlement with investors.
Timeline: 6 months – 3 years, depending on court hearings.
2. HOW TO FILE AN INSOLVENCY CLAIM (NCLT
PROCEEDINGS)
What is Insolvency Proceedings?
If a company is unable to pay its investors, investors can file a case in the National
Company Law Tribunal (NCLT) to declare the company insolvent and liquidate its
assets.
Who Can File?
✔ Any investor with ₹1 lakh or more in losses.
✔ A group of investors (AOP) representing multiple victims.
Step 1: Check If the Company Has Assets That Can Be Seized
✔ Visit Ministry of Corporate Affairs (MCA) website https://www.mca.gov.in.
✔ Search the company name to check financial filings & assets.
✔ If assets exist, investors can apply for liquidation & recovery.
Step 2: File an Insolvency Application Under IBC 2016
✔ Investors must file a Corporate Insolvency Resolution Process (CIRP) application in
NCLT (National Company Law Tribunal).
✔ Application should include investment proof, company registration details, and
evidence of fraud.
Step 3: NCLT Appoints an Insolvency Resolution Professional (IRP)
✔ The IRP will audit the company’s finances and recommend liquidation.
✔ If liquidation is approved, company assets will be sold, and funds will be distributed to
investors.
Expected Outcome:
✔ If the company has real estate, stocks, bank balances, or assets, NCLT can sell them to
recover investor money.
✔ Investors can get partial or full compensation from liquidation proceeds.
Timeline: 6 months – 2 years, depending on complexity.
3. HOW TO RECOVER MONEY THROUGH
CONSUMER COURT (IF FALSE PROMISES WERE
MADE)
When to File a Consumer Court Case?
✔ If the company misled investors with false promises.
✔ If you were given fake guarantees of high returns.
✔ If the investment scheme violated Consumer Protection Laws.
Step 1: File a Complaint with the Consumer Forum
✔ Visit National Consumer Helpline Portal: https://consumerhelpline.gov.in.
✔ Register a complaint with supporting documents.
Step 2: Escalate the Case to State or National Consumer Commission
✔ If the company does not refund money, escalate to the State Consumer Commission.
✔ If the loss is above ₹1 crore, file a case in NCDRC (National Consumer Disputes
Redressal Commission).
Expected Outcome:
✔ The consumer court may order refunds & compensation.
✔ If the company fails to comply, it can face legal penalties.
Timeline: 3-12 months, depending on case backlog.
4. HOW TO FORCE ENFORCEMENT DIRECTORATE
(ED) TO SEIZE COMPANY ASSETS
Step 1: File a Complaint with the Enforcement Directorate (ED)
✔ Email your complaint to director@enforcementdirectorate.gov.in.
✔ Attach investment proof & SEBI/RBI complaint reference numbers.
Step 2: Demand Investigation Under Prevention of Money Laundering Act (PMLA),
2002
✔ If ED accepts the case, it can freeze bank accounts & seize assets.
✔ Investors can later claim compensation from recovered funds.
Expected Outcome:
✔ If ED recovers misappropriated funds, investors can apply for refunds.
✔ Companies can be banned from future financial operations.
Timeline: 6-24 months, depending on case complexity.
5. FINAL CHECKLIST: WHAT INVESTORS SHOULD
DO NEXT
Have you filed a civil lawsuit in District/High Court?
Have you checked NCLT’s insolvency process for fund recovery?
Did you file a Consumer Court case if false promises were made?
Have you reported the case to SEBI, RBI, and Enforcement Directorate?
Did you organize with other investors (AOP) for stronger legal action?
If the answer is YES to all, you are taking the best possible steps for recovery.
NEXT STEPS FOR INVESTORS
Join Legal Recovery Action to Get Your Money Back!
For Legal Assistance & Fund Recovery, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
The more investors take legal action, the higher the chances of recovering funds!
GUIDE TO APPLY FOR A LOOKOUT CIRCULAR (LOC) AGAINST
ABSCONDING FRAUDSTERS
(A Step-by-Step Process to Ensure Fraudsters Like Falcon Invoice Discounting (FID)
Promoters Cannot Escape Justice)
WHY THIS GUIDE IS IMPORTANT
Many financial fraudsters escape India to avoid legal consequences. A Lookout
Circular (LOC) ensures they cannot flee the country or, if already absconding, can be
detained upon return.
Enforcement agencies like the CBI, ED, and police use LOCs to track criminals at all
international airports, seaports, and border crossings.
This guide explains how investors can apply for an LOC request through law
enforcement agencies.
1. WHAT IS A LOOKOUT CIRCULAR (LOC)?
A Lookout Circular (LOC) is a government notice that prevents a person from
leaving India or entering unnoticed.
Issued by:
✔ Police (Cyberabad Police, EOW, State Police, CBI, or Interpol India).
✔ Enforcement Directorate (ED) – If money laundering is involved.
✔ Serious Fraud Investigation Office (SFIO) – For corporate fraud cases.
✔ Central Bureau of Investigation (CBI) – If fraud has national impact.
Used Against:
✔ Fraudsters who are absconding after scamming investors.
✔ People trying to escape legal action by fleeing abroad.
✔ Individuals involved in economic offenses, fraud, or money laundering.
Key Benefit: Once an LOC is issued, the fraudsters cannot travel internationally
without being arrested at immigration.
2. HOW TO APPLY FOR A LOOKOUT CIRCULAR
(LOC) AGAINST FRAUDSTERS?
Step 1: File an FIR Against the Fraudsters
✔ Before requesting an LOC, you must file an FIR with Cyberabad Police/EOW.
✔ Ensure the FIR includes sections for fraud, money laundering, and breach of trust.
✔ Get an FIR copy & case number for the LOC request.
Step 2: Send an LOC Request to the Investigating Agency
Authority
When to Apply?
Contact Details
Cyberabad Police
(EOW)
If the fraud was
committed in Hyderabad
jurisdiction
cyberabad@telangana.gov.in
Enforcement
Directorate (ED)
If money laundering is
involved
director@enforcementdirectorate.gov.in
Central Bureau of
Investigation (CBI)
If fraud has national
impact
dir@cbi.gov.in
Serious Fraud
Investigation Office
(SFIO)
If corporate fraud exceeds
₹100 crore
sfio@nic.in
Authority
When to Apply?
Contact Details
Interpol India (Red
Notice Request)
If the accused has already
left India
interpol@cbi.gov.in
Step 3: Draft an Official LOC Request Letter
(Investors can collectively send this letter to enforcement agencies for action.)
TEMPLATE: LOOKOUT CIRCULAR (LOC) REQUEST LETTER
(To Be Sent to Police, ED, CBI, SFIO & Interpol for Tracking Fraudsters)
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Date: [DD/MM/YYYY]
To,
[Authority Name]
[Designation]
[Agency Name]
[Office Address]
Subject: Request for Issuance of Lookout Circular (LOC) Against Absconding
Fraudsters in Falcon Invoice Discounting (FID) Scam
Respected Sir/Madam,
I am writing on behalf of 6,979 investors who have lost ₹1,700 crore due to fraud
committed by Falcon Invoice Discounting (FID), operated by Falcon Capital Ventures
Pvt Ltd.
The following individuals, who orchestrated this massive scam, are absconding and
attempting to flee India:
Name
Designation
Current Status
Last Known Location
Amardeep Kumar
Managing Director
Absconding
Hyderabad
Aryan Singh
Chief Operating Officer
Absconding
Delhi
Yogender Singh
Chief Executive Officer
Absconding
Mumbai
Pavan Kumar
VP & Business Head
Arrested
Hyderabad
Kavya N
Director
Arrested
Hyderabad
Reason for LOC Request:
✔ The accused defrauded thousands of investors and misappropriated funds.
✔ There is a high risk that they will flee India to avoid legal proceedings.
✔ An FIR has already been registered with [FIR Number & Date].
✔ The case involves money laundering and fraud exceeding ₹1,700 crore, requiring
urgent LOC issuance.
Request for Immediate Action:
1. Issue a Lookout Circular (LOC) against the absconding accused persons to prevent
them from fleeing India.
2. Inform immigration authorities at all international airports, seaports, and border
checkpoints.
3. Share the LOC details with Interpol for international tracking (if they have already fled).
4. Expedite the legal process for asset seizure & fund recovery under the Prevention of
Money Laundering Act (PMLA).
I request urgent intervention in this matter and a confirmation of the LOC issuance at the
earliest.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments:
✔ Copy of FIR (Fraud & Economic Offense Case)
✔ Evidence of investment fraud (bank statements, contracts, payment receipts)
✔ List of investors affected
✔ Media reports covering the scam
3. HOW TO TRACK IF A LOOKOUT CIRCULAR
(LOC) IS ISSUED?
Step 1: Follow Up with the Investigating Officer (IO) of Your FIR
✔ Visit the police station where you filed the FIR.
✔ Ask for an update on the LOC request status.
✔ If the officer delays action, escalate the case to the DCP/SP level.
Step 2: File an RTI Request to Confirm LOC Issuance
✔ Visit https://rtionline.gov.in and submit an RTI request to the concerned law
enforcement agency.
✔ Ask:
1. Has a Lookout Circular been issued against [Accused Name]?
2. Which airports & border authorities have been notified?
3. What legal sections have been applied in the case?
Step 3: Monitor Immigration Watchlists (For International Alerts)
✔ Check CBI’s Interpol Notices Page: https://cbi.gov.in/interpol-notices.
✔ Look for Red Corner Notices (RCNs) against absconding fraudsters.
4. WHAT HAPPENS AFTER AN LOC IS ISSUED?
If the accused tries to leave India:
✔ Immigration officers detain them at the airport/seaport.
✔ They are handed over to law enforcement for further questioning.
If the accused has already fled India:
✔ Interpol will be notified for an international Red Notice.
✔ If located in another country, the Indian government can request extradition.
If the accused is arrested:
✔ They will be presented in court for trial.
✔ Their bank accounts & properties can be frozen for investor refunds.
5. FINAL CHECKLIST TO ENSURE LOC SUCCESS
Has an FIR been filed with police or EOW?
Have you formally requested a Lookout Circular (LOC)?
Are you following up with investigating agencies?
Have you checked for updates via RTI or immigration records?
If YES to all, the fraudsters can be stopped from escaping justice!
Take Action Now! Protect Your Rights & Ensure Fraudsters Are Brought to
Justice!
For Legal Assistance & LOC Application, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
GUIDE TO INITIATE AN EXTRADITION REQUEST IF THE
FRAUDSTERS HAVE ALREADY FLED INDIA
(How Investors Can Ensure That Falcon Invoice Discounting (FID) Promoters Are Brought
Back to India for Trial)
WHY THIS GUIDE IS IMPORTANT
Many financial fraudsters escape to foreign countries to avoid legal action in India.
An Extradition Request ensures that absconding fraudsters are arrested in a foreign
country and brought back to India for prosecution.
This guide explains how investors can push Indian authorities to request extradition
and ensure justice is served.
1. WHAT IS EXTRADITION?
Extradition is a legal process where a person accused of a crime in one country is
arrested in another and returned to the home country for trial.
Who Can Request Extradition?
✔ Indian Law Enforcement Agencies (CBI, ED, SFIO, or State Police).
✔ Interpol (Through a Red Notice Request).
✔ Ministry of External Affairs (MEA) & Home Ministry (MHA).
Common Countries Where Financial Fraudsters Escape To:
✔ UAE (Dubai, Abu Dhabi) – No extradition treaty with India, but strong cooperation.
✔ UK (London) – Extradition possible but takes time.
✔ Singapore, Malaysia, Hong Kong – Quick extradition process.
✔ USA, Canada, European Countries – Strong legal procedures for financial fraud.
Key Benefit: If extradition is approved, the fraudsters must return to India for
prosecution.
2. HOW TO INITIATE AN EXTRADITION REQUEST
FOR ABSCONDING FRAUDSTERS?
Step 1: Confirm That the Fraudsters Have Left India
✔ Investors should contact the police & Enforcement Directorate (ED) to check if the
fraudsters have left India.
✔ Request access to passport and travel records of the accused.
Step 2: File an LOC (Lookout Circular) to Track Their Movements
✔ If not done yet, investors should demand a Lookout Circular (LOC) for all
international airports & border security agencies.
✔ This helps track their last known foreign location.
Step 3: Request an Interpol Red Notice for International Arrest
Authority
When to Apply?
Contact Details
Interpol India (CBI Division)
If the accused is already outside
India
interpol@cbi.gov.in
Central Bureau of
Investigation (CBI)
If financial fraud is of national
impact
dir@cbi.gov.in
Ministry of External Affairs
(MEA)
If extradition requires diplomatic
action
meaindia@mea.gov.in
Home Ministry (MHA)
To request foreign governments for
cooperation
contact@nic.in
Step 4: Draft an Official Extradition Request Letter to Authorities
(Investors should collectively send this letter to CBI, MEA, and MHA to push for
extradition.)
TEMPLATE: EXTRADITION REQUEST LETTER
(To Be Sent to CBI, MEA, MHA & Interpol for Tracking and Arresting Fraudsters Abroad)
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Date: [DD/MM/YYYY]
To,
[Authority Name]
[Designation]
[Agency Name]
[Office Address]
Subject: Request for Extradition of Absconding Fraudsters in ₹1,700 Crore Falcon
Invoice Discounting (FID) Scam
Respected Sir/Madam,
I am writing on behalf of 6,979 investors who have lost ₹1,700 crore due to fraud
committed by Falcon Invoice Discounting (FID), operated by Falcon Capital Ventures
Pvt Ltd.
The following individuals, who orchestrated this massive scam, are absconding and are
currently residing in foreign countries:
Name
Designation
Current Status
Last Known Foreign Location
Amardeep Kumar
Managing Director
Absconding
UAE (Dubai)
Aryan Singh
Chief Operating Officer
Absconding
UK (London)
Yogender Singh
Chief Executive Officer
Absconding
Singapore
Reason for Extradition Request:
✔ The accused defrauded thousands of investors and misappropriated funds.
✔ They fled India to avoid criminal prosecution.
✔ An FIR has already been registered with [FIR Number & Date].
✔ The case involves money laundering and fraud exceeding ₹1,700 crore, requiring
urgent extradition.
Request for Immediate Action:
1. Issue an Interpol Red Notice against the absconding accused persons.
2. Contact the foreign governments (UAE, UK, Singapore, etc.) and initiate formal
extradition requests.
3. Engage with foreign financial regulators to freeze assets & bank accounts of the
fraudsters.
4. Expedite diplomatic action through the Ministry of External Affairs (MEA).
We urge you to act immediately to prevent further financial losses and bring justice to
affected investors.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments:
✔ Copy of FIR (Fraud & Economic Offense Case)
✔ Evidence of investment fraud (bank statements, contracts, payment receipts)
✔ List of investors affected
✔ Media reports covering the scam
3. HOW TO CHECK IF AN INTERPOL RED NOTICE
HAS BEEN ISSUED?
Step 1: Visit the Interpol Red Notice Database
✔ Go to https://www.interpol.int/en/How-we-work/Notices/View-Red-Notices.
✔ Search for the fraudsters' names to check if a Red Notice has been issued.
Step 2: Follow Up with CBI & Interpol India
✔ Email interpol@cbi.gov.in and request an update.
✔ Visit CBI Headquarters in Delhi for a status update.
Step 3: Check for Updates on MEA & MHA Websites
✔ Visit https://www.mea.gov.in for extradition case updates.
✔ Contact the Home Ministry (MHA) for legal confirmation.
4. WHAT HAPPENS AFTER AN EXTRADITION
REQUEST IS FILED?
If the accused is in a country with an extradition treaty (e.g., UK, USA, Singapore,
Malaysia):
✔ The Indian government officially requests extradition.
✔ The foreign government arrests the fraudsters and begins legal proceedings.
✔ If approved, they are deported back to India for trial.
If the accused is in a country with no extradition treaty (e.g., UAE):
✔ The Indian government can request deportation instead of extradition.
✔ If UAE authorities agree, they will hand over the accused to Indian police.
5. FINAL CHECKLIST TO ENSURE EXTRADITION
SUCCESS
Has an FIR been filed with police or EOW?
Have you formally requested an Interpol Red Notice?
Are you following up with CBI, MEA & MHA?
Have you checked the latest Interpol Red Notices online?
Have you escalated the issue to media and public campaigns?
If YES to all, the fraudsters can be extradited & brought back for trial!
Take Action Now! Stop the Fraudsters from Escaping Justice!
For Legal Assistance & Extradition Support, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
GUIDE TO CLAIM SEIZED ASSETS & FROZEN BANK FUNDS
AFTER EXTRADITION
(How Investors Can Recover Their Money from Fraudsters' Confiscated Assets in Falcon
Invoice Discounting (FID) Fraud Case)
WHY THIS GUIDE IS IMPORTANT
Once fraudsters are extradited, their assets & bank accounts can be seized by law
enforcement agencies.
Investors must take legal action to ensure they receive compensation from the
recovered funds.
This guide explains how to claim money from seized assets, frozen bank accounts,
and liquidation proceedings.
1. WHAT HAPPENS TO SEIZED ASSETS & FROZEN
BANK FUNDS AFTER EXTRADITION?
Once the accused is extradited to India:
✔ Law enforcement agencies will seize properties, bank accounts, luxury items, and
other assets.
✔ Courts will determine if investors are eligible to receive compensation from these
assets.
✔ Assets may be liquidated (sold) to distribute funds among investors.
Who Handles Asset Seizures?
✔ Enforcement Directorate (ED) – Seizes properties under Prevention of Money
Laundering Act (PMLA).
✔ Serious Fraud Investigation Office (SFIO) – Investigates corporate frauds &
misappropriated funds.
✔ Economic Offenses Wing (EOW) – Seizes Indian bank accounts & properties.
✔ National Company Law Tribunal (NCLT) – Handles liquidation cases for investor
compensation.
2. HOW TO CHECK IF FRAUDSTERS' ASSETS HAVE
BEEN SEIZED?
Step 1: Check ED & SFIO Press Releases on Seized Assets
✔ Visit Enforcement Directorate (ED) Website:
https://www.enforcementdirectorate.gov.in
✔ Visit SFIO Website: https://www.sfio.nic.in
✔ Look for news updates on frozen bank accounts, property seizures, and legal actions.
Step 2: File an RTI Request to Get Details on Confiscated Assets
✔ Submit an RTI request through https://rtionline.gov.in.
✔ Ask:
1. How many assets have been seized in Falcon Invoice Discounting (FID) fraud case?
2. What is the total value of frozen bank accounts?
3. When will investor compensation begin?
Step 3: Follow Up with Enforcement Agencies
✔ Contact ED & SFIO via email or visit their offices for updates.
✔ Email director@enforcementdirectorate.gov.in for asset seizure details.
✔ Email sfio@nic.in for fraud investigation updates.
3. HOW INVESTORS CAN CLAIM MONEY FROM
SEIZED ASSETS
Step 1: File a Petition in NCLT (National Company Law Tribunal)
✔ Investors should file a claim petition in NCLT under Insolvency & Bankruptcy Code
(IBC), 2016.
✔ The petition should demand that seized assets be used to refund investors.
Step 2: Attach Supporting Documents with the Claim
✔ Investment Proof (Contracts, Receipts, Bank Transfers).
✔ FIR Copy & Legal Complaints (SEBI, RBI, ED).
✔ List of All Investors Affected (To Show Collective Impact).
Step 3: Request the Liquidation of Fraudsters' Assets for Investor Compensation
✔ If NCLT approves, the fraudsters' properties, vehicles, and luxury assets will be
auctioned.
✔ The money collected from liquidation will be distributed to investors on a pro-rata
basis.
Step 4: Check the Official Government Liquidation Notices
✔ Visit https://ibbi.gov.in for updates on company liquidation auctions.
✔ Check Insolvency Professional (IP) Reports to see the total money recovered.
4. HOW TO CLAIM FUNDS FROM FROZEN BANK
ACCOUNTS?
Step 1: File a Court Petition to Access Seized Bank Funds
✔ Investors can file a petition in the High Court/NCLT demanding distribution of seized
funds.
✔ Attach FIR copy, bank transaction proof, and official ED reports.
Step 2: Check RBI & SEBI Notices on Frozen Bank Accounts
✔ Visit Reserve Bank of India (RBI) Website: https://www.rbi.org.in
✔ Visit SEBI Complaints Portal: https://scores.gov.in
Step 3: Follow Up with RBI & Banks Handling the Seized Accounts
✔ Email helpdoc@rbi.org.in requesting updates on investor refunds.
✔ Contact the banks where the fraudsters held accounts and ask about legal recovery
processes.
Expected Outcome:
✔ Once legal clearance is given, investors will receive refunds from frozen bank balances.
✔ Courts may prioritize investors over other creditors (loan providers, vendors).
Timeline: 6 months – 2 years, depending on legal proceedings.
5. HOW TO JOIN THE OFFICIAL INVESTOR CLAIM
PROCESS?
Step 1: Register Your Claim on SEBI’s Investor Protection Portal
✔ Visit https://www.sebi.gov.in.
✔ Submit a complaint & attach investment proof.
Step 2: Join the Official Investor Recovery Group (AOP/NCLT Case)
✔ Investors should form an Association of Persons (AOP) to collectively claim
compensation.
✔ AOP should file a group petition in NCLT for fund distribution.
Step 3: Stay Updated on Court Orders & Payment Schedules
✔ Follow NCLT hearing dates & investor refund announcements.
✔ Ensure you submit refund claim forms before deadlines.
Step 4: Request Government to Set Up a Special Compensation Fund
✔ If assets recovered are not enough, ask the government to set up an Investor Relief
Fund.
✔ Similar funds were created for Sahara scam victims & PMC Bank fraud victims.
6. FINAL CHECKLIST: WHAT INVESTORS MUST DO
TO CLAIM SEIZED FUNDS
Have you checked if the fraudsters’ bank accounts & assets are frozen?
Have you filed a claim with NCLT for investor compensation?
Have you submitted all supporting documents (investment proof, FIR, SEBI
complaint)?
Are you following up with SEBI, RBI, ED, and SFIO for fund recovery updates?
Have you registered with an investor recovery group (AOP) for legal action?
If YES to all, you are taking the right steps to recover your lost investments.
Take Action Now! Ensure That Seized Funds Are Distributed to Investors!
For Legal Assistance & Claim Filing, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
The More Investors Join Legal Action, the Higher the Chances of Full Recovery!
GUIDE TO ESCALATE INVESTOR COMPLAINTS TO THE PRIME
MINISTER’S OFFICE (PMO) FOR FASTER ACTION
(How Investors Can Get Direct Government Intervention for Falcon Invoice Discounting
(FID) Fraud Case & Fund Recovery)
WHY THIS GUIDE IS IMPORTANT?
Government intervention can speed up investigations, asset seizures, and fund
recovery.
The Prime Minister’s Office (PMO) has the authority to direct SEBI, RBI,
Enforcement Directorate (ED), CBI, and Finance Ministry for immediate action.
This guide explains how to escalate investor complaints to the PMO and get faster
results.
1. HOW TO ESCALATE A COMPLAINT TO THE
PRIME MINISTER’S OFFICE (PMO)?
Step 1: Submit an Official Complaint on PMO’s Grievance Portal
✔ Visit the PMO Grievance Portal: https://pmopg.gov.in
✔ Click on “Lodge Your Grievance” and fill in your details.
✔ Attach investment proof, FIR copy, SEBI/RBI complaints, and any legal documents.
✔ Select “Finance & Banking” as the category.
✔ Write a clear and strong complaint (see template below).
✔ Submit and note down the reference number for tracking.
Step 2: Send a Physical Complaint Letter to the PMO
✔ Address the letter to:
Prime Minister’s Office
South Block, Raisina Hill, New Delhi – 110011
Email: connect@mygov.nic.in
✔ Send the letter via Speed Post or Registered Post for tracking.
✔ Mention your grievance reference number (from online submission) in the letter.
Step 3: Follow Up on the Complaint Status
✔ Track your grievance at https://pgportal.gov.in/Status using your reference number.
✔ If no response within 15 days, escalate to the Principal Secretary to PM at
pmo@pmo.gov.in.
Step 4: Tag PMO & Finance Ministry on Social Media for Awareness
✔ Tweet your complaint to:
• @PMOIndia (Official PMO handle)
• @nsitharaman (Finance Minister, Nirmala Sitharaman)
• @sebi_india (SEBI Official Handle)
✔ Use hashtags like #JusticeForFIDInvestors #PMOActNow
#RecoverOurMoney to get public attention.
2. SAMPLE COMPLAINT LETTER TO PMO (FOR
SPEEDY ACTION)
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Date: [DD/MM/YYYY]
To,
The Hon’ble Prime Minister of India
Prime Minister’s Office
South Block, Raisina Hill
New Delhi – 110011
Subject: Urgent Appeal for Government Action in ₹1,700 Crore Falcon Invoice
Discounting (FID) Fraud
Respected Hon’ble Prime Minister,
I, along with 6,979 other investors, have lost our hard-earned money in a ₹1,700 crore
financial fraud committed by Falcon Invoice Discounting (FID), operated by Falcon
Capital Ventures Pvt Ltd.
The scam has left thousands of middle-class investors in severe financial distress, and
despite multiple complaints to SEBI, RBI, Enforcement Directorate (ED), and Cyberabad
Police, the progress has been slow.
KEY FACTS ABOUT THE FID FRAUD:
✔ Fraudsters have absconded, and no Lookout Circular (LOC) has been issued yet.
✔ ₹850 crore remains unpaid to investors, and assets are yet to be frozen.
✔ SEBI & RBI have not yet taken strict action against the involved financial
institutions.
✔ Many investors have lost their life savings, and suicides have been reported due to
financial losses.
IMMEDIATE ACTIONS REQUESTED FROM PMO:
1. Direct the Enforcement Directorate (ED) & CBI to expedite the investigation and
freeze the fraudsters’ bank accounts.
2. Issue Lookout Circulars (LOCs) & Interpol Red Notices for absconding accused
persons.
3. Instruct SEBI & RBI to compensate investors through an investor protection fund.
4. Ensure quick insolvency proceedings in NCLT for liquidation of company assets.
5. Introduce stricter financial fraud regulations to prevent such scams in the future.
I request your urgent intervention in this matter to protect investor rights and bring
justice to thousands of affected citizens.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments:
✔ Copy of FIR (Fraud & Economic Offense Case)
✔ Investment Proof (Bank Transactions, Contracts, Agreements)
✔ SEBI & RBI Complaint Reference Numbers
✔ List of Affected Investors
3. HOW TO TRACK PMO RESPONSE & NEXT
STEPS?
Step 1: Track Your Complaint Status on the PG Portal
✔ Visit https://pgportal.gov.in/Status.
✔ Enter your Grievance Reference Number to check updates.
Step 2: If No Action Within 15 Days, Escalate to the Principal Secretary of PMO
✔ Email pmo@pmo.gov.in requesting an update on your complaint.
✔ Mention the reference number of your previous complaint.
Step 3: Engage MPs, MLAs & Media for Pressure
✔ Meet your local MP and MLA and submit the complaint to them.
✔ Request them to raise the issue in Parliament.
✔ Share case details with financial journalists & media outlets for public awareness.
Step 4: Organize Investor Petitions & Protests for Faster Action
✔ Investors can start a petition on Change.org demanding faster government action.
✔ Conduct peaceful protests in major cities (Delhi, Mumbai, Hyderabad, Bangalore) to
bring media attention.
Expected Outcome:
✔ PMO can direct SEBI, RBI, ED, and CBI to take immediate action.
✔ Investors may receive compensation through a government relief fund or liquidated
assets.
✔ Stricter financial fraud regulations may be introduced to prevent future scams.
4. FINAL CHECKLIST TO ENSURE A SUCCESSFUL
ESCALATION TO PMO
Have you submitted an online grievance on PMO portal?
Did you send a physical complaint letter via Speed Post?
Have you tagged PMO and Finance Ministry on social media for visibility?
Are you following up on your grievance status regularly?
Did you escalate the complaint to the Principal Secretary if no response in 15 days?
Are you engaging media & political representatives for additional pressure?
If YES to all, you are taking the best steps to get PMO intervention!
Take Action Now! Get Government Support for Faster Fund Recovery!
For Legal Assistance & PMO Complaint Tracking, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
The More Investors Raise Complaints, the Faster the Government Will Act!
GUIDE TO FILING A PUBLIC INTEREST LITIGATION (PIL) IN
THE SUPREME COURT FOR INVESTOR PROTECTION
(How Investors Can Seek Supreme Court Intervention for Falcon Invoice Discounting (FID)
Fraud & Faster Fund Recovery)
WHY THIS GUIDE IS IMPORTANT?
When thousands of investors are affected by financial fraud, a Public Interest
Litigation (PIL) can force the government & regulatory bodies to act swiftly.
The Supreme Court can direct SEBI, RBI, Enforcement Directorate (ED), and CBI
to take immediate action for asset seizure, fund recovery, and investor compensation.
This guide explains how investors can file a PIL for nationwide financial fraud
prevention and ensure stronger investor protection laws.
1. WHAT IS A PUBLIC INTEREST LITIGATION
(PIL)?
A PIL is a legal petition filed in the Supreme Court or High Court to address a
public concern affecting a large group of people.
Who Can File a PIL?
✔ Any investor or group of investors (Association of Persons - AOP).
✔ NGOs or legal professionals representing investors.
✔ Any concerned citizen who wants stricter financial fraud laws.
Why File a PIL for FID Scam?
✔ To demand government action for faster investor compensation.
✔ To push SEBI, RBI, ED, and CBI to take strict action against fraudsters.
✔ To seek stricter financial regulations to prevent future scams.
Key Benefit: If the PIL is accepted, the Supreme Court can fast-track investor refunds
and legal actions.
2. HOW TO FILE A PUBLIC INTEREST LITIGATION
(PIL) IN THE SUPREME COURT?
Step 1: Draft the PIL Petition with a Lawyer
✔ The PIL must clearly mention:
1. How investors have been defrauded (Details of the FID scam).
2. The inaction of government authorities (SEBI, RBI, ED, Police).
3. The financial & emotional damage caused to investors.
4. The demand for urgent legal action & investor compensation.
Step 2: File the PIL in the Supreme Court or High Court
✔ Supreme Court – If the scam affects investors across India.
✔ High Court (Telangana or Delhi) – If focusing on specific fraud jurisdictions.
Step 3: Attach Supporting Documents with the PIL
✔ Investment Proof (Bank Statements, Contracts, Payment Receipts).
✔ FIR Copy & SEBI/RBI Complaint Reference Numbers.
✔ Legal Precedents (Previous cases where investors were compensated).
Step 4: Request Urgent Interim Relief for Investors
✔ The PIL should request the Supreme Court to freeze all assets of fraudsters
immediately.
✔ Demand a special investigation committee to fast-track investor refunds.
3. SAMPLE PUBLIC INTEREST LITIGATION (PIL)
FORMAT FOR SUPREME COURT
IN THE SUPREME COURT OF INDIA
(PUBLIC INTEREST LITIGATION UNDER ARTICLE 32 OF THE
CONSTITUTION OF INDIA)
Petitioner(s):
[Your Name / Association of Persons (AOP) / NGO]
Versus
1. Union of India (Through Ministry of Finance)
2. Securities and Exchange Board of India (SEBI)
3. Reserve Bank of India (RBI)
4. Enforcement Directorate (ED)
5. Falcon Invoice Discounting (FID) & Other Accused Individuals
SUBJECT: Petition for Immediate Government Action in ₹1,700 Crore Falcon Invoice
Discounting (FID) Fraud & Investor Compensation
Respected Hon’ble Supreme Court,
We, the undersigned investors, have suffered severe financial losses due to fraudulent
activities by Falcon Invoice Discounting (FID), operated by Falcon Capital Ventures Pvt
Ltd. The scam has defrauded 6,979 investors, misappropriating ₹1,700 crore, with ₹850
crore still unpaid.
Despite multiple complaints to SEBI, RBI, ED, and Cyberabad Police, no substantial
action has been taken, leaving thousands of investors financially devastated.
KEY ISSUES RAISED IN THIS PIL:
1. Failure of Regulatory Authorities: SEBI and RBI failed to monitor and stop FID’s
fraudulent investment scheme.
2. Fraudsters Absconding: No Lookout Circular (LOC) or Interpol Red Notice has been
issued for absconding accused.
3. No Asset Seizure for Investor Refunds: The Enforcement Directorate (ED) has not yet
seized the assets of the fraudsters.
4. Lack of Investor Compensation Mechanisms: SEBI has not initiated a relief fund for
affected investors.
PRAYER (RELIEF REQUESTED FROM SUPREME COURT)
We request the Hon’ble Supreme Court to:
1. Direct SEBI, RBI, and ED to expedite fraud investigations & freeze the accused’s
assets.
2. Issue an immediate Lookout Circular (LOC) & Interpol Red Notice for absconding
fraudsters.
3. Appoint a Special Investigation Team (SIT) to oversee fund recovery & investor
refunds.
4. Direct SEBI to establish an Investor Compensation Fund for FID fraud victims.
5. Strengthen Financial Fraud Laws to Prevent Future Ponzi Schemes.
Filed by:
[Your Name / Association of Persons (AOP) / Legal Representative]
Address: [Your Address]
Contact: [Your Phone Number]
Email: [Your Email]
4. HOW TO TRACK THE PIL CASE STATUS?
Step 1: Check the Supreme Court Website for Case Updates
✔ Visit https://main.sci.gov.in.
✔ Enter the Case Number or Petitioner’s Name to check the status.
Step 2: Attend Court Hearings & Press for Faster Action
✔ Investors should attend hearings in Delhi (Supreme Court) or Telangana (High Court).
✔ Hire a senior lawyer to argue for investor protection.
Step 3: Use Media & Public Pressure to Strengthen the Case
✔ Get financial journalists & news outlets to cover the PIL case.
✔ Conduct investor awareness campaigns on social media.
Expected Outcome:
✔ Supreme Court can direct SEBI, RBI & ED to act immediately on fund recovery.
✔ A government compensation fund can be set up for investors.
✔ Faster legal action against fraudsters & corporate entities involved.
5. FINAL CHECKLIST FOR A SUCCESSFUL PIL
FILING
Have you prepared a PIL draft with the help of a lawyer?
Are all supporting documents (investment proof, FIR, SEBI complaint) attached?
Did you file the PIL in the Supreme Court or High Court?
Are you tracking case status & attending court hearings?
Have you engaged media & investor groups to strengthen public awareness?
If YES to all, you are taking the right steps for Supreme Court intervention!
Take Action Now! The Supreme Court Can Direct Faster Investor Refunds &
Stronger Financial Laws!
For Legal Assistance & PIL Filing Support, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
The More Investors Join the PIL, the Stronger the Case for Supreme Court Action!
GUIDE TO FILING A CRIMINAL CASE AGAINST FRAUDSTERS
UNDER BHARATIYA NYAYA SANHITA (BNS) & PREVENTION OF
MONEY LAUNDERING ACT (PMLA)
(How Investors Can Ensure Maximum Legal Punishment for Falcon Invoice Discounting
(FID) Fraud & Recover Stolen Funds)
WHY THIS GUIDE IS IMPORTANT?
A criminal case ensures that fraudsters face strict punishment, including
imprisonment and asset confiscation.
Legal provisions under Bharatiya Nyaya Sanhita (BNS) 2023 and Prevention of
Money Laundering Act (PMLA) 2002 allow investors to file criminal cases against
financial fraudsters.
This guide explains how to file a criminal case, ensure strict legal action, and push
for asset seizure to recover investor funds.
1. WHAT LAWS CAN BE USED TO FILE A CRIMINAL
CASE AGAINST FRAUDSTERS?
1. Bharatiya Nyaya Sanhita (BNS) 2023 – Replaces IPC
✔ Section 316 (Cheating & Fraudulent Transactions): Punishment of up to 10 years
imprisonment & fine.
✔ Section 317 (Criminal Breach of Trust): Seizure of fraudulent gains & 7-year jail
term.
✔ Section 324 (Forgery & Fake Financial Documents): Up to 7 years imprisonment &
confiscation of fake agreements.
✔ Section 108 (Criminal Conspiracy to Commit Fraud): All accused persons involved in
the scam can be prosecuted.
2. Prevention of Money Laundering Act (PMLA), 2002
✔ Section 3 (Money Laundering): Seizure of all money & assets gained through fraud.
✔ Section 4 (Punishment for Money Laundering): Minimum 3 years & up to 10 years of
imprisonment.
✔ Section 5 (Attachment of Properties): Confiscation of properties & bank accounts used
for laundering money.
✔ Section 8 (Recovery & Distribution of Funds to Victims): Recovered funds must be
distributed among affected investors.
3. Information Technology Act, 2000 (For Digital Fraud)
✔ Section 66D (Identity Theft & Online Fraud): Covers WhatsApp, emails, and digital
misrepresentation by FID.
✔ Section 72A (Data Misuse & Financial Fraud via Online Platforms).
4. Telangana State Protection of Depositors of Financial Establishment Act, 1999
(For State-Level Seizures)
✔ State governments can attach properties & refund defrauded investors.
Key Benefit: Filing under multiple sections increases the chances of conviction &
investor refunds.
2. HOW TO FILE A CRIMINAL CASE AGAINST FID
PROMOTERS?
Step 1: File a Police FIR Under Bharatiya Nyaya Sanhita (BNS)
✔ Visit the nearest police station (Cyberabad Police or your local Economic Offenses
Wing - EOW).
✔ Provide a detailed complaint (see sample below).
✔ Ensure that the FIR includes BNS sections (316, 317, 324, 108).
✔ Get a copy of the FIR with an official stamp.
Step 2: File a Complaint with the Enforcement Directorate (ED) for PMLA Action
✔ Email the ED at: director@enforcementdirectorate.gov.in
✔ Attach investment proof, bank transfer records & FIR copy.
✔ Demand freezing of fraudsters' assets under PMLA Sections 5 & 8.
Step 3: Submit a Complaint to SEBI & RBI for Financial Fraud Investigation
✔ File an official complaint on SEBI’s SCORES Portal: https://scores.gov.in
✔ Email RBI’s Financial Fraud Cell: helpdoc@rbi.org.in
✔ Request revocation of any fraudulent financial licenses of Falcon Capital Ventures
Pvt Ltd.
Step 4: If No Action in 30 Days, File a Criminal Writ Petition in the High Court
✔ Engage a criminal lawyer to file a Writ of Mandamus in the Telangana High Court or
Supreme Court.
✔ Request the court to issue immediate arrests, asset seizures & trial.
Expected Outcome:
✔ Fraudsters will be arrested & assets frozen.
✔ Investors will get priority access to confiscated funds.
✔ Government will prosecute scam operators under PMLA & BNS.
3. SAMPLE CRIMINAL COMPLAINT LETTER (FIR
FORMAT)
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Date: [DD/MM/YYYY]
To,
The SHO / Commissioner of Police
[Police Station Name]
[City, State]
Subject: FIR Against Falcon Invoice Discounting (FID) Promoters for Financial Fraud &
Money Laundering
Respected Sir/Madam,
I, [Your Name], a resident of [Your Address], am writing to lodge an FIR against Falcon
Invoice Discounting (FID), operated by Falcon Capital Ventures Pvt Ltd. 6,979 investors,
including myself, have lost over ₹1,700 crore due to their fraudulent investment scheme.
Despite multiple complaints to SEBI, RBI, and ED, the accused fraudsters are absconding,
and no funds have been recovered.
DETAILS OF THE FRAUD:
Accused Names & Designations:
Name
Designation
Status
Last Known Location
Amardeep Kumar
Managing Director
Absconding
UAE (Dubai)
Aryan Singh
Chief Operating Officer
Absconding
UK (London)
Yogender Singh
Chief Executive Officer
Absconding
Singapore
Fraud Method Used:
✔ Fake invoice discounting scheme promising 22% annual returns.
✔ Fabricated fake vendor profiles & fraudulent business transactions.
✔ Collected ₹1,700 crore from investors but stopped payments in Jan 2025.
Legal Sections Applicable (Bharatiya Nyaya Sanhita & PMLA):
✔ BNS Section 316 (Cheating & Fraudulent Transactions) – 10-year imprisonment &
fine.
✔ BNS Section 317 (Criminal Breach of Trust) – Seizure of fraudulently acquired money.
✔ BNS Section 324 (Forgery & False Financial Documents) – 7-year imprisonment.
✔ PMLA Section 3 (Money Laundering) – Seizure of bank accounts & illegal funds.
IMMEDIATE ACTION REQUESTED:
1. Issue immediate Lookout Circular (LOC) & Interpol Red Notice for absconding
accused.
2. Freeze all bank accounts, properties & financial assets of the accused.
3. Initiate criminal prosecution under Bharatiya Nyaya Sanhita & PMLA.
4. Direct the Enforcement Directorate (ED) to recover & distribute funds to defrauded
investors.
I request you to register this complaint as an FIR and take immediate action against the
accused.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments:
✔ Copy of Investment Receipts & Bank Transactions
✔ FIR Copies from Other Investors (if available)
✔ SEBI/RBI Complaint Reference Numbers
4. FINAL CHECKLIST TO ENSURE CRIMINAL
ACTION SUCCESS
Have you filed an FIR with police citing Bharatiya Nyaya Sanhita (BNS) Sections?
Did you submit a money laundering complaint to ED under PMLA?
Are you tracking case status & following up with law enforcement agencies?
Did you escalate to the High Court if no action is taken?
If YES to all, you are ensuring that fraudsters will face maximum legal action!
Take Action Now! Ensure That Fraudsters Are Prosecuted & Investors Get Their
Money Back!
For Legal Assistance & Criminal Case Filing, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
The More Investors File Criminal Cases, the Stronger the Legal Action Against
Fraudsters!
GUIDE TO PUSH FOR A PARLIAMENTARY INQUIRY &
NATIONAL-LEVEL FINANCIAL FRAUD REFORMS
(How Investors Can Demand Government Action for Stronger Financial Fraud Prevention &
Policy Reforms in India)
WHY THIS GUIDE IS IMPORTANT?
Financial fraud cases like Falcon Invoice Discounting (FID) expose loopholes in
India’s financial regulation system.
A Parliamentary Inquiry can force the government to introduce stricter financial
fraud laws and ensure investor protection.
This guide explains how investors can push Parliament & the Finance Ministry to
launch an investigation and implement legal reforms.
1. WHAT IS A PARLIAMENTARY INQUIRY?
A Parliamentary Inquiry is a formal investigation by the Indian Parliament into
financial scams, policy failures, or regulatory lapses.
Who Can Order an Inquiry?
✔ Parliamentary Standing Committee on Finance (Examines fraud in the financial
sector).
✔ Lok Sabha & Rajya Sabha MPs (Raise issues in Parliament).
✔ Ministry of Finance & SEBI (Conduct regulatory investigations).
Why Investors Should Demand a Parliamentary Inquiry?
✔ To expose SEBI & RBI’s failure in regulating fraudulent investment platforms.
✔ To push for stronger financial fraud laws (Stricter SEBI & RBI monitoring).
✔ To demand faster investor compensation & fund recovery.
Key Benefit: A Parliamentary Inquiry can force financial institutions to explain
their failures and propose reforms.
2. HOW TO REQUEST A PARLIAMENTARY
INQUIRY INTO THE FID SCAM?
Step 1: Write a Formal Petition to the Lok Sabha & Rajya Sabha MPs
✔ Investors must send a petition requesting a full-scale Parliamentary Inquiry into FID
fraud.
✔ Address the letter to:
The Hon’ble Speaker, Lok Sabha / Rajya Sabha Secretariat
Parliament House, New Delhi – 110001
Step 2: Submit a Complaint to the Parliamentary Standing Committee on Finance
✔ Send an official complaint to:
Chairperson, Parliamentary Standing Committee on Finance
Ministry of Finance, North Block, New Delhi – 110001
Email: fincomm@nic.in
Step 3: Engage MPs & Request Them to Raise the Issue in Parliament
✔ Meet your local Member of Parliament (MP) & request them to demand an inquiry.
✔ Provide them with details of the fraud, SEBI’s failure, and investor losses.
✔ Ask them to submit a Question or Adjournment Motion in Parliament.
Step 4: File a Public Petition on the Government’s Grievance Portal
✔ Submit a grievance on the Centralized Public Grievance Redressal System
(CPGRAMS):
• Website: https://pgportal.gov.in
• Select Ministry of Finance > SEBI/RBI Inquiry Request.
Step 5: Organize Investor Petitions & Media Awareness Campaigns
✔ Investors should launch a Change.org petition demanding a financial fraud inquiry.
✔ Use social media & financial journalists to highlight the need for stricter laws.
Expected Outcome:
✔ The Finance Ministry may launch a special audit of SEBI, RBI & fraudulent financial
companies.
✔ Parliament may introduce new investor protection regulations & stricter financial
fraud laws.
✔ SEBI & RBI may be forced to act faster on investor compensation & fund recovery.
3. SAMPLE PETITION LETTER TO PARLIAMENT
FOR FINANCIAL FRAUD REFORMS
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Date: [DD/MM/YYYY]
To,
The Hon’ble Speaker, Lok Sabha / Rajya Sabha Secretariat
Parliament House, New Delhi – 110001
Subject: Request for a Parliamentary Inquiry into ₹1,700 Crore Falcon Invoice
Discounting (FID) Fraud & Financial Fraud Prevention Reforms
Respected Sir/Madam,
I, [Your Name], along with 6,979 other investors, am writing to request an urgent
Parliamentary Inquiry into the ₹1,700 crore fraud committed by Falcon Invoice
Discounting (FID), operated by Falcon Capital Ventures Pvt Ltd.
Despite multiple complaints to SEBI, RBI, Enforcement Directorate (ED), and
Cyberabad Police, the investigation has been slow, and no funds have been recovered.
ISSUES TO BE ADDRESSED IN PARLIAMENTARY INQUIRY:
1. Failure of SEBI & RBI in Monitoring Fraudulent Financial Companies.
2. Lack of Investor Protection Laws Against Ponzi Schemes & Fake Investment
Platforms.
3. Delay in Criminal Action Against Fraudsters & Asset Seizure Under PMLA.
4. Need for a Government-Backed Investor Compensation Fund for Scam Victims.
5. Introduction of Stronger Financial Fraud Laws to Prevent Future Scams.
REFORMS REQUESTED FROM PARLIAMENT:
1. Establishment of a Financial Fraud Prevention Task Force
✔ A high-level regulatory body to monitor all financial investment schemes.
✔ Mandatory SEBI/RBI approval for all investment platforms before public access.
2. Creation of an Investor Compensation Fund (ICF)
✔ A government-backed fund to compensate investors in financial fraud cases.
✔ SEBI should allocate a percentage of market revenues to investor protection funds.
3. Strengthening SEBI & RBI Oversight Over Investment Platforms
✔ Mandatory financial audits for all investment platforms above ₹50 crore.
✔ Strict penalties for fraudulent financial services & fake returns schemes.
4. Faster Criminal Action & Investor Refund Process
✔ Enforcement Directorate (ED) should freeze fraudsters' assets within 30 days.
✔ NCLT should fast-track insolvency cases to ensure investor refunds within 6 months.
5. Introduction of a Financial Fraud Prevention Bill in Parliament
✔ Amend Bharatiya Nyaya Sanhita (BNS) to increase punishments for financial fraud.
✔ Increase penalties on fraudulent financial companies to prevent Ponzi schemes.
We request your intervention to introduce these reforms in the next Parliament session
to protect Indian investors from large-scale financial scams.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments:
✔ Copy of FIR (Fraud & Economic Offense Case)
✔ Investment Proof (Bank Transactions, Contracts, Payment Receipts)
✔ SEBI & RBI Complaint Reference Numbers
✔ List of Affected Investors
4. HOW TO TRACK PARLIAMENTARY INQUIRY
STATUS?
Step 1: Follow Parliament’s Standing Committee Reports
✔ Check updates at https://loksabhaph.nic.in under Standing Committee on Finance
Reports.
Step 2: Monitor Parliament Session Debates
✔ Visit https://rajyasabha.nic.in for Rajya Sabha debates on financial frauds.
Step 3: Follow Up with MPs & Finance Ministry
✔ Send follow-up emails to Members of Parliament & Finance Ministry.
✔ Meet MPs in person & submit additional investor documents for stronger action.
Expected Outcome:
✔ The Finance Ministry may launch an official investigation into financial fraud
loopholes.
✔ Parliament may introduce a Bill for stronger financial fraud laws.
✔ SEBI & RBI may be held accountable for investor protection failures.
Take Action Now! Push for Stronger Financial Fraud Laws & Investor
Compensation!
For Legal Assistance & Parliamentary Inquiry Support, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
The More Investors Demand Action, the Stronger the Push for Financial Reforms!
GUIDE TO BUILDING AN ASSOCIATION OF PERSONS (AOP) FOR
LEGAL REPRESENTATION OF INVESTORS
(How Investors Can Form a Legal Entity to Fight for Compensation & Policy Reforms After
Financial Fraud Cases Like Falcon Invoice Discounting (FID) Scam)
WHY FORM AN ASSOCIATION OF PERSONS
(AOP)?
An AOP allows investors to take collective legal action against fraudsters,
government agencies, and regulatory failures.
An AOP has stronger legal standing in courts, government petitions, and financial
recovery processes compared to individual complaints.
This guide explains how to register an AOP, draft an official agreement, and use it
for investor legal representation.
1. WHAT IS AN ASSOCIATION OF PERSONS (AOP)?
An Association of Persons (AOP) is a registered legal entity formed by a group of
people with a common objective, such as recovering lost investments or filing legal cases
against fraudsters.
Why Form an AOP for FID Scam Victims?
✔ To file class-action lawsuits in NCLT, High Court, or Supreme Court.
✔ To negotiate with government authorities (SEBI, RBI, Finance Ministry) as a
recognized legal entity.
✔ To claim frozen bank funds & recovered assets on behalf of all investors.
✔ To initiate policy advocacy for stronger financial fraud prevention laws.
Key Benefit: AOP status provides a unified legal voice, making it harder for
authorities to ignore investor demands.
2. HOW TO FORM AN ASSOCIATION OF PERSONS
(AOP) LEGALLY?
Step 1: Select Core Committee Members
✔ Elect 5-10 key investors as executive members.
✔ Assign roles such as President, Vice President, Secretary, and Treasurer.
Step 2: Register the AOP with the Registrar of Societies
✔ Visit the Registrar of Societies Office in your state.
✔ Submit an application with supporting documents (see below).
✔ Pay the registration fee (₹5,000 – ₹15,000 depending on state).
Step 3: Draft an AOP Agreement (See Template Below)
✔ The AOP Agreement should mention:
1. Objective of the AOP (Investor fund recovery & legal action).
2. Names of Core Members & Roles.
3. Legal Scope (Ability to file lawsuits, represent investors in financial claims, negotiate with
authorities).
4. Membership Rules & Contributions (How funds will be collected for legal action).
5. Dissolution Clause (What happens if the AOP achieves its objectives).
Step 4: Obtain a PAN & Bank Account for AOP
✔ Apply for a PAN card in the name of the AOP via https://www.incometax.gov.in.
✔ Open a bank account to manage legal & operational expenses.
Step 5: Invite More Investors to Join the AOP
✔ Create an online registration form (Google Forms or Website).
✔ Share the link via WhatsApp, Telegram, and investor groups.
Expected Outcome:
✔ A legally registered investor body that can file lawsuits & negotiate compensation.
✔ Increased legal credibility in courts & government discussions.
✔ A stronger legal position in NCLT insolvency proceedings for fund recovery.
3. SAMPLE AOP AGREEMENT TEMPLATE
ASSOCIATION OF PERSONS AGREEMENT
Date of Formation: [DD/MM/YYYY]
1. NAME OF AOP: FID Investors Legal Action Group (FILAG)
2. OBJECTIVE OF AOP:
The objective of this Association of Persons (AOP) is to:
✔ Represent investors who lost money in the Falcon Invoice Discounting (FID) scam.
✔ File legal petitions in courts (High Court, NCLT, Supreme Court) for fund recovery.
✔ Negotiate with SEBI, RBI, and the Finance Ministry for investor compensation.
✔ Advocate for stronger financial fraud laws to protect Indian investors.
3. MEMBERS & ROLES:
Member Name
Role
Contact Details
[Investor Name]
President
[Email / Phone]
[Investor Name]
Vice President
[Email / Phone]
Member Name
Role
Contact Details
[Investor Name]
Secretary
[Email / Phone]
[Investor Name]
Treasurer
[Email / Phone]
[Investor Name]
Legal Advisor
[Email / Phone]
4. MEMBERSHIP RULES:
✔ Open to all investors affected by FID fraud.
✔ Members must submit investment proof to join the AOP.
✔ Annual Contribution: ₹500-₹2,000 per investor for legal expenses.
5. LEGAL RIGHTS OF AOP:
✔ File class-action lawsuits against fraudsters & regulatory bodies.
✔ Claim investor refunds from frozen bank accounts & auctioned assets.
✔ Represent investors in Parliamentary inquiries & financial policy discussions.
6. DISSOLUTION CLAUSE:
✔ The AOP will dissolve once 90% of the investors’ funds are recovered or after 5 years.
SIGNATURES OF CORE MEMBERS:
✔ [Name] – President
✔ [Name] – Vice President
✔ [Name] – Secretary
✔ [Name] – Treasurer
REGISTERED ADDRESS OF AOP:
[Office Address]
DATE OF REGISTRATION: [DD/MM/YYYY]
4. HOW TO USE AOP FOR LEGAL ACTION & FUND
RECOVERY?
Step 1: File a Class-Action Lawsuit in High Court/NCLT
✔ The AOP can file a combined legal petition for all investors in High Court or NCLT.
✔ Demand refunds from seized assets & investor compensation.
Step 2: Claim Funds from SEBI’s Investor Protection Mechanism
✔ AOP can request SEBI to release emergency funds for investors.
✔ Submit a formal application to https://scores.gov.in.
Step 3: Push for Government Reforms in Parliament
✔ AOP members can meet Finance Ministry officials & MPs to propose new financial
fraud laws.
✔ Request the creation of an Investor Compensation Fund (ICF).
Step 4: Negotiate With Financial Institutions for Settlements
✔ Banks & NBFCs that handled FID transactions may be forced to refund investors
partially.
✔ AOP can initiate negotiations for investor settlements.
Expected Outcome:
✔ Higher chances of legal fund recovery due to collective representation.
✔ Stronger legal standing against SEBI, RBI & fraudulent companies.
✔ Increased political pressure for financial fraud reforms.
5. FINAL CHECKLIST FOR SUCCESSFUL AOP
REGISTRATION & ACTION
Have you selected core AOP members (President, Secretary, Treasurer)?
Is the AOP Agreement legally registered with the Registrar of Societies?
Have you obtained a PAN & bank account for legal transactions?
Are you actively inviting more investors to join the AOP?
Have you started filing legal petitions & engaging with regulators?
If YES to all, the AOP is legally ready to represent investors!
Take Action Now! A Legally Registered AOP Strengthens Investor Legal Rights &
Increases Chances of Fund Recovery!
For AOP Registration Assistance & Legal Support, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
The More Investors Join the AOP, the Stronger the Legal Action!
GUIDE TO NEGOTIATING SETTLEMENTS WITH BANKS &
FINANCIAL INSTITUTIONS THAT PROCESSED FID TRANSACTIONS
(How Investors Can Recover Funds from Banks & Payment Processors That Facilitated
Falcon Invoice Discounting (FID) Fraud)
WHY THIS GUIDE IS IMPORTANT?
Banks, payment gateways, and NBFCs that handled FID transactions may be legally
liable for investor losses.
If banks failed to flag suspicious transactions, investors can demand compensation
through regulatory & legal action.
This guide explains how to negotiate settlements with banks, NBFCs, and payment
processors to recover lost funds.
1. HOW ARE BANKS & NBFCs INVOLVED IN THE
FID FRAUD?
Banks & Payment Gateways Processed FID Transactions
✔ Banks allowed FID to open corporate accounts & process investor funds.
✔ NBFCs may have given unauthorized financial approvals to FID.
✔ Payment gateways processed transactions without due diligence.
Possible Regulatory Violations by Banks & NBFCs
✔ Failure to flag suspicious transactions under RBI’s KYC & AML guidelines.
✔ Negligence in monitoring FID’s unusually high cash flow.
✔ Allowing FID to operate without proper financial licensing.
Key Benefit: If banks & NBFCs are found negligent, they can be forced to refund
investors partially or fully.
2. HOW TO NEGOTIATE WITH BANKS & NBFCs
FOR SETTLEMENTS?
Step 1: Identify Which Banks/NBFCs Handled FID Transactions
✔ Review bank statements & payment receipts to identify the financial institutions
involved.
✔ Common entities that may have processed FID funds:
• Nationalized Banks (SBI, PNB, Canara Bank, etc.)
• Private Banks (HDFC, ICICI, Axis, Kotak, etc.)
• NBFCs & Payment Gateways (Razorpay, PayU, Billdesk, etc.)
Step 2: File a Formal Complaint with the Bank’s Grievance Cell
✔ Visit the bank’s customer grievance portal and submit a complaint.
✔ Attach investment proof, transaction details & fraud case reference number.
✔ Request full disclosure of FID’s banking transactions for legal investigation.
Step 3: Send a Legal Notice to the Banks/NBFCs Involved
✔ Engage a lawyer to send a formal legal notice to banks & NBFCs demanding:
1. Immediate freezing of all remaining FID funds.
2. Compensation for investor losses due to banking negligence.
3. A transparent investigation into whether the bank violated RBI guidelines.
Step 4: Escalate the Complaint to RBI & Banking Ombudsman
✔ File a complaint with RBI against the banks that facilitated FID transactions.
✔ Visit https://cms.rbi.org.in and submit:
• Bank transaction details linked to FID.
• Proof of financial fraud affecting investors.
• Request for an RBI investigation & directive for investor compensation.
Step 5: Demand Settlement Talks with Banks/NBFCs
✔ Request a formal negotiation meeting with senior banking officials.
✔ Banks may offer partial refunds to investors to avoid further legal action.
✔ If banks refuse, escalate the case to High Court/NCLT.
Expected Outcome:
✔ Banks may agree to refund a portion of lost investments.
✔ Regulatory action can force banks to improve due diligence policies.
✔ NBFCs/payment gateways may be fined & ordered to compensate investors.
3. SAMPLE LEGAL NOTICE TO BANKS & NBFCs
FOR INVESTOR COMPENSATION
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Date: [DD/MM/YYYY]
To,
The Chief Legal Officer
[Bank/NBFC Name]
[Bank/NBFC Address]
Subject: Legal Notice for Investor Compensation & Banking Negligence in ₹1,700
Crore Falcon Invoice Discounting (FID) Fraud
Respected Sir/Madam,
I, [Your Name], am writing on behalf of 6,979 investors who have lost ₹1,700 crore in a
financial fraud operated by Falcon Invoice Discounting (FID), a company that maintained
accounts with your bank/NBFC.
It has come to our attention that your bank/NBFC processed fraudulent transactions for
FID without proper due diligence, violating RBI’s anti-money laundering (AML)
guidelines.
KEY FACTS ABOUT BANKING NEGLIGENCE IN FID FRAUD:
1. Your bank/NBFC allowed FID to operate accounts without verifying its legitimacy.
2. Large-scale investor deposits were processed without AML alerts or transaction
monitoring.
3. Despite multiple complaints from investors, your bank/NBFC did not take preventive
action.
LEGAL ACTION REQUESTED:
1. IMMEDIATE FREEZING OF FID-RELATED BANK ACCOUNTS
✔ Prevent further fraudulent transactions & asset transfers.
2. FULL DISCLOSURE OF FID’S BANKING TRANSACTIONS
✔ Provide a detailed report on FID’s financial movements through your institution.
3. INVESTOR COMPENSATION FROM BANK’S LIABILITY FUNDS
✔ Refund investors who lost money due to your bank’s negligence in approving &
processing FID transactions.
4. COOPERATION WITH RBI, SEBI & ENFORCEMENT DIRECTORATE (ED)
INVESTIGATION
✔ Submit all transaction data & internal risk assessments related to FID.
⚖ LEGAL CONSEQUENCES IF NO ACTION IS TAKEN:
✔ We will file a complaint with the RBI Banking Ombudsman under RBI’s Consumer
Protection Guidelines.
✔ We will initiate a class-action lawsuit in High Court/NCLT for banking negligence &
investor compensation.
✔ We will escalate the matter to SEBI, ED & Ministry of Finance for regulatory
intervention.
We demand an official response within 15 days from the date of this notice.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments:
✔ Bank Statements Showing Transactions to FID
✔ FIR Copy & SEBI/RBI Complaint Reference Numbers
✔ List of Affected Investors
4. FINAL CHECKLIST FOR SUCCESSFUL BANK
SETTLEMENT NEGOTIATIONS
Have you identified which banks & NBFCs processed FID transactions?
Did you file a formal complaint with the bank’s grievance cell?
Have you sent a legal notice demanding investor refunds?
Did you escalate the complaint to RBI & Banking Ombudsman?
Are you prepared to file a class-action lawsuit in High Court/NCLT if banks refuse
compensation?
If YES to all, you are taking the right steps to force banks/NBFCs into settlement
negotiations!
Take Action Now! Hold Banks & Financial Institutions Accountable for Investor
Losses!
For Legal Assistance & Settlement Negotiation Support, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
The More Investors Demand Accountability, the Higher the Chances of Bank
Compensation!
GUIDE TO SECURING FINANCIAL FRAUD INSURANCE TO
PROTECT FUTURE INVESTMENTS
(How Investors Can Safeguard Their Money Against Ponzi Schemes, Bank Failures &
Investment Frauds Like FID Scam)
WHY THIS GUIDE IS IMPORTANT?
Financial frauds are increasing, and investors need strong protection against scams.
Financial fraud insurance ensures that investors recover some or all of their money
if a fraud occurs.
This guide explains how to choose the right financial fraud insurance & claim
compensation in case of investment fraud.
1. WHAT IS FINANCIAL FRAUD INSURANCE?
Financial Fraud Insurance is a specialized insurance policy that covers investors
against:
✔ Investment scams & Ponzi schemes.
✔ Stock market frauds & unauthorized transactions.
✔ Bank failures & insolvencies.
✔ Cyber frauds & identity theft in financial transactions.
Types of Financial Fraud Insurance Available in India:
✔ Bank Deposit Insurance (DICGC – ₹5 lakh per bank account).
✔ Credit & Debit Card Fraud Protection Insurance.
✔ Investment & Stock Market Fraud Insurance.
✔ Cyber Crime & Online Financial Fraud Insurance.
Key Benefit: If a financial scam occurs, insurance companies compensate investors
for their losses.
2. HOW TO CHOOSE THE RIGHT FINANCIAL
FRAUD INSURANCE?
Step 1: Identify Your Risk Exposure
✔ Do you invest in stocks, mutual funds, or online financial schemes?
✔ Do you have large deposits in private banks or NBFCs?
✔ Have you previously been affected by financial fraud?
Step 2: Compare Different Financial Fraud Insurance Plans
Insurance Type Coverage Recommended For
Premium
(Approx.)
DICGC Bank Deposit
Insurance
₹5 lakh per
depositor
All bank account holders
Included in
banking system
Investment Fraud
Insurance
₹10 lakh – ₹5
crore
Stock market & mutual fund
investors
₹10,000 – ₹50,000
per year
Cyber Crime & Online
Fraud Insurance
₹50,000 – ₹5
lakh
Digital banking & payment
fraud victims
₹1,500 – ₹5,000
per year
Credit/Debit Card Fraud
Insurance
₹50,000 – ₹10
lakh
Credit card holders
₹500 – ₹2,000 per
year
Step 3: Choose a Reputable Insurance Provider
✔ Check insurance providers approved by IRDAI (Insurance Regulatory & Development
Authority of India).
✔ Top Financial Fraud Insurance Providers in India:
• HDFC ERGO Financial Fraud Protection
• Tata AIG Cyber & Investment Fraud Insurance
• ICICI Lombard Personal Finance Protection Plan
• Bajaj Allianz Cyber & Digital Fraud Insurance
Step 4: Read the Policy Terms Carefully
✔ What types of fraud are covered? (Ponzi schemes, cyber fraud, unauthorized
transactions).
✔ What is the claim process? (How quickly can you recover your money?).
✔ Are there any exclusions? (Certain high-risk investments may not be covered).
Step 5: Buy the Insurance & Keep Documentation Safe
✔ Store policy documents, premium receipts & customer care details for easy claims.
Expected Outcome:
✔ Investors gain financial security against fraud-related losses.
✔ If a fraud occurs, insured investors recover money through compensation claims.
✔ Reduced stress & financial uncertainty when investing.
3. HOW TO CLAIM COMPENSATION FROM
FINANCIAL FRAUD INSURANCE?
Step 1: Report the Fraud Immediately
✔ Contact your insurance company’s claims department within 24-48 hours of detecting
fraud.
✔ Provide basic details of the fraud & policy number.
Step 2: Submit the Required Claim Documents
✔ FIR copy (if police complaint is filed).
✔ Investment proof (bank transactions, contracts, policy details).
✔ Fraud report from SEBI/RBI (if applicable).
✔ Insurance claim form with details of financial loss.
Step 3: Insurance Company Investigates & Approves Claim
✔ The insurer verifies fraud details & confirms eligibility.
✔ Claims are usually processed within 30-60 days.
Step 4: Receive Compensation Payout
✔ If approved, investors receive compensation directly in their bank accounts.
✔ The amount paid depends on policy terms & fraud coverage limits.
Expected Outcome:
✔ Insured investors recover losses from financial frauds & scams.
✔ Less financial risk in future investments.
4. SAMPLE CLAIM LETTER FOR FINANCIAL
FRAUD INSURANCE
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Date: [DD/MM/YYYY]
To,
The Claims Department
[Insurance Company Name]
[Insurance Office Address]
Subject: Claim for Financial Fraud Compensation Under Policy No. [XXXXXX]
Respected Sir/Madam,
I am writing to file an insurance claim under my Financial Fraud Protection Policy (Policy
No. XXXXXXX) due to a financial fraud committed by Falcon Invoice Discounting (FID),
which caused me a loss of ₹[Amount].
FRAUD DETAILS:
✔ Date of Fraud: [DD/MM/YYYY]
✔ Nature of Fraud: Ponzi Scheme / Cyber Fraud / Unauthorized Transactions
✔ Fraud Amount: ₹[XXXXXX]
✔ Insurance Policy Details: Policy No. [XXXXXX], Issued by [Insurance Provider Name]
DOCUMENTS ATTACHED FOR CLAIM APPROVAL:
✔ Copy of Investment Receipts & Bank Transactions.
✔ FIR Copy & SEBI/RBI Complaint Reference Numbers.
✔ Insurance Policy Document & Premium Payment Proof.
I request immediate processing of my claim under the terms of my policy.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments:
✔ Investment Proof
✔ FIR Copy
✔ Insurance Policy Details
5. FINAL CHECKLIST FOR SECURING FINANCIAL
FRAUD INSURANCE
Have you identified your risk exposure (investment type, digital banking, or stock
market frauds)?
Did you compare multiple financial fraud insurance policies?
Have you checked IRDAI-approved insurance providers?
Did you read the policy terms carefully (fraud coverage, exclusions, claim process)?
Do you have all necessary claim documents in case of fraud (investment proof, FIR,
policy papers)?
If YES to all, you are protected against financial fraud risks!
Take Action Now! Secure Financial Fraud Insurance to Protect Your Future
Investments!
For Insurance Consultation & Fraud Risk Assessment, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
The More Investors Secure Insurance, the Safer Their Finances Against Future
Frauds!
GUIDE TO SETTING UP AN INVESTOR SAFETY & FRAUD
PREVENTION NETWORK
(How Investors Can Build a Strong Community to Detect, Prevent & Report Financial
Frauds Like FID Scam)
WHY THIS GUIDE IS IMPORTANT?
Financial frauds are increasing, and investors need a proactive network to detect
and prevent scams before they happen.
An investor safety network ensures that fraudulent schemes are exposed early, and
investors can take collective action for legal recourse.
This guide explains how to set up an online & offline investor safety network to
protect yourself and others from financial frauds.
1. WHAT IS AN INVESTOR SAFETY & FRAUD
PREVENTION NETWORK?
An investor safety network is a group of investors who share information, verify
investment opportunities, and report financial frauds.
Benefits of an Investor Safety Network:
✔ Early warning system for detecting fraudulent investment schemes.
✔ Legal support network for investors facing fraud.
✔ Stronger bargaining power when negotiating settlements with banks or regulators.
✔ Public awareness campaigns to educate people about financial scams.
Key Benefit: Investors can avoid Ponzi schemes & fraudulent investments before
losing money.
2. HOW TO SET UP AN ONLINE INVESTOR SAFETY
NETWORK?
Step 1: Create a Secure Online Forum or Community
✔ Use WhatsApp, Telegram, Reddit, or a Private Facebook Group for real-time fraud
alerts.
✔ Build a secure website or Google Drive repository to store verified scam reports.
✔ Set up a LinkedIn group to connect with financial experts & lawyers.
Step 2: Establish a Verification Process for New Investments
✔ Assign moderators (finance experts, lawyers) to vet new investment opportunities.
✔ Create a standard checklist to verify any new investment scheme:
• Is the company registered with SEBI, RBI, or MCA?
• Is there a clear business model generating returns?
• Are there any SEBI or RBI warnings against this company?
Step 3: Maintain a Database of Reported Frauds & Suspicious Companies
✔ Create a publicly accessible list of known scams & Ponzi schemes.
✔ Add investor experiences & legal case updates for fraud tracking.
✔ Share updates via monthly fraud awareness newsletters.
Step 4: Organize Live Webinars & Expert Sessions on Fraud Prevention
✔ Invite financial experts, SEBI officials, and fraud lawyers for Q&A sessions.
✔ Educate investors on legal recourse, investment due diligence & financial fraud
insurance.
Step 5: Build a Rapid Response Team for Scam Reporting
✔ Assign volunteers to report scams directly to SEBI, RBI, and ED.
✔ Use Google Forms for easy fraud reporting by community members.
✔ Share fraud alerts on social media to prevent others from falling victim.
Expected Outcome:
✔ A strong investor watchdog group that detects scams early.
✔ Faster reporting of frauds to authorities.
✔ Safer investment choices for all members.
3. HOW TO SET UP AN OFFLINE INVESTOR SAFETY
NETWORK?
Step 1: Form a Local Investor Protection Committee
✔ Identify 10-20 trusted investors to form a core team.
✔ Organize monthly meetings to discuss new fraud trends & legal updates.
Step 2: Partner with Local Legal & Financial Experts
✔ Connect with SEBI-registered financial advisors for fraud awareness sessions.
✔ Build relationships with consumer protection lawyers to assist fraud victims.
Step 3: Conduct Investor Awareness Drives in Housing Societies & Offices
✔ Print flyers & brochures on fraud prevention and distribute them in public places.
✔ Host workshops in residential communities & corporate offices on investment safety.
Step 4: Establish a Physical Complaint Desk for Scam Reporting
✔ Set up a dedicated phone number or email helpline for fraud victims.
✔ Assist investors in filing FIRs, SEBI complaints & legal notices.
Step 5: Engage with Government Authorities & MPs for Policy Reforms
✔ Meet with local MPs & MLAs to discuss stronger financial fraud laws.
✔ File public petitions to SEBI & RBI for better investor protection policies.
Expected Outcome:
✔ Stronger legal support for fraud victims.
✔ More investor awareness in local communities.
✔ Increased pressure on authorities to take action against scams.
4. HOW TO REPORT FINANCIAL FRAUDS
THROUGH THE INVESTOR NETWORK?
Step 1: Document the Fraud Details
✔ Gather investment proof, bank transactions & fraud company details.
✔ Collect testimonies from other affected investors.
Step 2: Report the Scam to SEBI & RBI
✔ File an online complaint on SEBI’s SCORES Portal: https://scores.gov.in
✔ Submit a fraud report to RBI’s Financial Consumer Protection Cell:
https://cms.rbi.org.in
Step 3: Escalate to Law Enforcement & Economic Offenses Wing (EOW)
✔ Lodge an FIR at the nearest police station under Bharatiya Nyaya Sanhita (BNS)
Sections 316 & 317.
✔ Contact the Economic Offenses Wing (EOW) in your state for financial fraud cases.
Step 4: Use Social Media for Awareness & Public Pressure
✔ Tweet scam alerts to @PMOIndia, @nsitharaman, @SEBI_India, @RBI.
✔ Share fraud details in WhatsApp & Telegram investor groups.
Step 5: Track Case Progress & Follow Up with Authorities
✔ Regularly check SEBI & RBI’s response on your complaint.
✔ If no action is taken, file an RTI request for an update on the investigation.
Expected Outcome:
✔ Faster crackdown on fraudulent companies.
✔ Increased media attention on financial fraud cases.
✔ Higher chances of investor refunds & compensation.
5. FINAL CHECKLIST FOR BUILDING A STRONG
INVESTOR SAFETY NETWORK
Have you set up an online investor fraud prevention group (WhatsApp, Telegram,
LinkedIn)?
Did you create a fraud database to track Ponzi schemes & suspicious investment
platforms?
Are you conducting fraud awareness webinars & legal training for investors?
Have you partnered with financial & legal experts for scam verification?
Are you actively reporting scams to SEBI, RBI, and law enforcement agencies?
Did you set up a local investor protection committee for offline fraud prevention?
If YES to all, you have a powerful investor safety network to fight financial frauds!
Take Action Now! Build an Investor Protection Network to Prevent Future
Financial Scams!
For Assistance in Setting Up an Investor Safety Network, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
The More Investors Join Forces, the Stronger the Fight Against Financial Frauds!
GUIDE TO CONDUCTING INVESTMENT FRAUD RISK
ASSESSMENTS BEFORE INVESTING
(How Investors Can Identify & Avoid Ponzi Schemes, Fake Investment Platforms & High-
Risk Financial Products Like FID Scam)
WHY THIS GUIDE IS IMPORTANT?
Most investment frauds look legitimate but have hidden risks.
A fraud risk assessment helps investors verify whether an investment opportunity is
safe or a scam.
This guide provides a structured process to evaluate any investment before putting
in money.
1. WHAT IS AN INVESTMENT FRAUD RISK
ASSESSMENT?
An Investment Fraud Risk Assessment is a checklist-based process that helps
investors verify:
✔ Whether an investment is legally registered with SEBI, RBI, or MCA.
✔ If the company follows proper financial reporting & regulatory compliance.
✔ If the promised returns are realistic or a scam.
✔ If there are any hidden risks that can lead to financial loss.
Key Benefit: Prevents investors from losing money in fraudulent schemes.
2. HOW TO CONDUCT A FRAUD RISK ASSESSMENT
BEFORE INVESTING?
Step 1: Verify the Investment Company’s Registration & Legal Compliance
✔ Check SEBI Registration (For stock market & financial firms):
• Visit SEBI’s Intermediary Portal: https://www.sebi.gov.in/intermediaries.html
• Search for the company name & registration details.
✔ Check MCA (Ministry of Corporate Affairs) Registration (For startups &
private investment firms):
• Visit MCA Portal:
https://www.mca.gov.in/mcafoportal/showCheckCompanyName.do
• Verify if the company is ACTIVE & has no pending legal cases.
✔ Check RBI’s NBFC List (For loan & finance companies):
• Visit RBI NBFC Database: https://rbi.org.in/Scripts/BS_NBFCList.aspx
Step 2: Check the Business Model & Revenue Generation Process
✔ How does the company make money? (If the answer is unclear, it’s a red flag ).
✔ Does the investment generate returns from real assets/business, or only by recruiting
more investors? (Ponzi schemes work by using new investors' money to pay old investors).
✔ Is the business model sustainable in the long run?
Step 3: Analyze the Promised Returns
✔ What ROI (Return on Investment) is being promised?
• Safe Investments: 5-15% annual returns.
• High-Risk/Ponzi Schemes: 30-50% guaranteed returns.
✔ Are the returns consistent & market-dependent?
✔ Does the company use terms like ‘risk-free’, ‘guaranteed profits’, or ‘fixed
high returns’? (Scam ).
Step 4: Review Financial Transparency & Reporting
✔ Does the company publish audited financial reports? (Check on MCA website).
✔ Are there clear balance sheets & tax filings?
✔ If the company refuses to provide financial data, it’s a red flag .
Step 5: Research the Company & Promoters’ Background
✔ Check LinkedIn, Google & News Reports for any fraud history.
✔ Look for past financial scandals or SEBI/RBI warnings.
✔ Search on consumer complaint forums like:
• National Consumer Helpline: https://consumerhelpline.gov.in
• MouthShut, Quora, Reddit, Twitter.
Step 6: Verify the Exit Strategy & Liquidity
✔ Can you withdraw money anytime, or are there restrictions?
✔ Are exit penalties charged?
✔ If withdrawals are difficult or delayed, it’s a red flag .
Step 7: Cross-Check Investor Reviews & Complaints
✔ Read Google Reviews & Complaints from real investors.
✔ Check social media for scam alerts & fraud warnings.
✔ If many investors report issues with withdrawals, avoid the investment.
Expected Outcome:
✔ If the investment passes all checks, it’s relatively safe.
✔ If multiple red flags appear, AVOID investing.
3. SAMPLE INVESTMENT FRAUD RISK
ASSESSMENT CHECKLIST
Risk Factor
Safe Investment
Fraud Risk
SEBI/RBI Registration
Properly registered
Unregistered or fake approvals
Business Model
Transparency
Clear & sustainable
Unclear or dependent on new
investors
ROI (Return on Investment)
5-15% annual
30-50% "guaranteed"
Financial Reporting
Audited reports
available
No financial data provided
Promoters' Background
Clean record
Past fraud allegations
Liquidity & Exit Policy
Easy withdrawals
Withdrawal delays or restrictions
Investor Complaints
Positive reviews
Many complaints of non-payment
If 3 or more appear, AVOID the investment!
4. WHAT TO DO IF YOU SUSPECT A FRAUDULENT
INVESTMENT?
Step 1: Gather Evidence & Report the Scam
✔ Collect contracts, payment receipts & investment proof.
✔ Save website screenshots, email conversations & WhatsApp messages.
Step 2: File a Complaint with SEBI & RBI
✔ SEBI SCORES Portal: https://scores.gov.in
✔ RBI Financial Fraud Complaint Portal: https://cms.rbi.org.in
Step 3: Report to Economic Offenses Wing (EOW) & Cyber Crime Cell
✔ Visit nearest police station & file an FIR under Bharatiya Nyaya Sanhita (BNS)
Sections 316 & 317.
✔ For online frauds, report at: https://www.cybercrime.gov.in
Step 4: Warn Other Investors & Media
✔ Post scam alerts on WhatsApp groups, LinkedIn & Reddit.
✔ Email financial journalists & request news coverage.
Expected Outcome:
✔ Authorities can investigate & freeze fraudsters’ bank accounts.
✔ Media exposure puts public pressure on regulators to take action.
5. FINAL CHECKLIST BEFORE INVESTING IN ANY
FINANCIAL PRODUCT
Did you verify the company’s SEBI/RBI registration?
Is the business model transparent & not a Ponzi scheme?
Are the promised returns realistic (not 30%+ guaranteed)?
Did you check investor reviews & complaints?
Can you withdraw funds easily without hidden charges?
Are audited financial reports available for review?
If YES to all, the investment is relatively safe. If NO to any, reconsider before
investing.
Take Action Now! Protect Yourself from Investment Frauds with Proper Risk
Assessment!
For Investment Fraud Verification & Due Diligence Assistance, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
The More Investors Conduct Risk Assessments, the Fewer People Fall for Financial
Frauds!
GUIDE TO LEGALLY RECOVER MONEY FROM ONLINE
INVESTMENT FRAUDS USING CONSUMER COURT CASES
(How Investors Can File Consumer Complaints Against Fraudulent Investment Schemes &
Get Refunds)
WHY THIS GUIDE IS IMPORTANT?
Many investment fraud victims don’t realize they can file cases in consumer courts
to recover money.
Consumer courts provide a faster & more affordable way to get refunds compared
to criminal cases.
This guide explains how investors can file consumer complaints against fraudulent
investment platforms & seek compensation.
1. WHEN CAN YOU FILE A CONSUMER COURT
CASE FOR INVESTMENT FRAUD?
You can file a case in consumer court if:
✔ The investment company promised returns but failed to pay.
✔ The platform misrepresented facts (false claims, fake guarantees).
✔ The company refused to refund your investment.
✔ Hidden charges, unfair contract terms, or sudden fund freezing were involved.
Who Can Be Sued in Consumer Court?
✔ Investment platforms & fintech companies that misled investors.
✔ Banks & payment gateways that failed to flag fraudulent transactions.
✔ Financial advisors or agents who misrepresented investment risks.
Key Benefit: Consumer courts focus on financial losses & refunds rather than criminal
punishment.
2. HOW TO FILE A CONSUMER COURT CASE
AGAINST A FRAUDULENT INVESTMENT?
Step 1: Collect All Evidence of the Fraud
✔ Investment receipts & payment proofs.
✔ Contracts, emails, and messages with the fraudster.
✔ Bank transaction details showing investment payments.
✔ SEBI/RBI complaint references (if already filed).
Step 2: Send a Legal Notice to the Investment Company
✔ Draft a legal notice demanding a refund within 15 days.
✔ Send it via Speed Post or Registered Email as proof of communication.
✔ If they do not respond, proceed with a consumer complaint.
Step 3: File a Complaint in the Consumer Court
✔ Visit the National Consumer Disputes Redressal Commission (NCDRC) website:
https://edaakhil.nic.in
✔ Choose the appropriate consumer court based on your claim amount:
Claim Amount
Where to File the Case?
Below ₹20 Lakh
District Consumer Commission
₹20 Lakh – ₹1 Crore
State Consumer Commission
Above ₹1 Crore
National Consumer Commission (NCDRC)
Step 4: Attach Required Documents with the Complaint
✔ Copy of the legal notice sent to the fraud company.
✔ Investment receipts & transaction proofs.
✔ FIR copy (if a police complaint has been filed).
✔ Screenshots of advertisements or messages promising high returns.
Step 5: Pay the Court Fee & Submit Your Complaint
✔ The court fee depends on your claim amount (₹500 – ₹5,000).
✔ Once submitted, you will receive a case number & hearing date.
Expected Outcome:
✔ If the court finds the company guilty, it can order a full refund & compensation.
✔ The court can also penalize the company for misrepresentation & fraud.
3. SAMPLE CONSUMER COURT COMPLAINT
LETTER FOR INVESTMENT FRAUD
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Date: [DD/MM/YYYY]
To,
The Hon’ble Presiding Officer
[Consumer Court Name]
[City & State]
Subject: Consumer Complaint Against [Investment Platform Name] for Fraudulent
Investment Scheme
Respected Sir/Madam,
I, [Your Name], am filing this complaint against [Investment Platform Name] for cheating
and misrepresenting investment opportunities, causing me a financial loss of ₹[Amount].
DETAILS OF THE FRAUD:
✔ Investment Date: [DD/MM/YYYY]
✔ Investment Amount: ₹[XXXXXX]
✔ Company’s False Claims: Promised 30% fixed returns, risk-free investment.
✔ Nature of Fraud: Non-payment, account freezing, misrepresentation.
RELIEF REQUESTED:
1. FULL REFUND OF INVESTMENT: ₹[XXXXXX]
2. COMPENSATION FOR MENTAL HARDSHIP: ₹[XXXXXX]
3. PENALTY AGAINST THE COMPANY FOR MISREPRESENTATION.
EVIDENCE ATTACHED:
✔ Investment receipts & transaction records.
✔ Email & WhatsApp messages proving fraud.
✔ SEBI/RBI complaint reference number.
✔ Copy of legal notice sent to the company.
I request the Hon’ble Consumer Commission to take necessary action and grant relief as per
the Consumer Protection Act, 2019.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments:
✔ Investment Proof
✔ Legal Notice Copy
✔ Bank Transaction Details
4. HOW TO TRACK CONSUMER COURT CASE
STATUS?
Step 1: Visit the Consumer Court Case Status Portal
✔ Go to: https://edaakhil.nic.in
✔ Enter your case number to check updates.
Step 2: Attend Court Hearings & Provide Additional Evidence
✔ Be present on the scheduled dates.
✔ Submit any new fraud-related documents if needed.
Step 3: If No Action, Escalate to Higher Consumer Forums
✔ If the District Court delays action, escalate to State/National Consumer Court.
✔ File a revision petition for faster processing.
Expected Outcome:
✔ Court orders refunds within 6-12 months.
✔ Fraudulent companies get blacklisted & penalized.
5. FINAL CHECKLIST TO SUCCESSFULLY
RECOVER MONEY THROUGH CONSUMER COURT
Have you collected all investment receipts & transaction records?
Did you send a legal notice to the fraudulent investment company?
Did you file a consumer complaint online or in-person?
Are you tracking the case status & attending hearings?
If no response, did you escalate the case to a higher court?
If YES to all, you have a strong case for financial recovery!
Take Action Now! Use Consumer Laws to Get Your Investment Money Back!
For Consumer Court Filing Assistance & Legal Consultation, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
The More Investors Take Legal Action, the Stronger the Pressure on Fraudulent
Companies!
GUIDE TO FILING A CASE IN THE NATIONAL COMPANY LAW
TRIBUNAL (NCLT) FOR FINANCIAL FRAUD RECOVERY
(How Investors Can Use Insolvency Laws to Recover Money from Fraudulent Investment
Companies Like FID)
WHY THIS GUIDE IS IMPORTANT?
NCLT can force fraudulent companies to liquidate their assets & pay investors first.
If an investment company refuses to refund money, investors can file for insolvency
proceedings.
This guide explains how to file a case in NCLT under the Insolvency & Bankruptcy
Code (IBC), 2016 to recover lost investments.
1. WHAT IS THE NATIONAL COMPANY LAW
TRIBUNAL (NCLT)?
NCLT is a special court that handles financial disputes & insolvency cases.
Why Should Investors File a Case in NCLT?
✔ Forces fraudulent companies into insolvency proceedings.
✔ Ensures investor refunds from company assets & bank accounts.
✔ Allows recovery of money from corporate fraud cases.
Key Benefit: NCLT prioritizes investor claims over company shareholders &
directors.
2. WHEN CAN INVESTORS FILE A CASE IN NCLT?
Investors can file an NCLT case if:
✔ An investment company has defaulted on payments.
✔ The company is financially insolvent & unable to pay investors.
✔ There are strong legal grounds to claim fund recovery.
Who Can File a Case in NCLT?
✔ Any investor who has lost ₹1 lakh or more in a financial fraud.
✔ A group of investors (AOP) filing a joint claim.
✔ A registered financial institution or creditor.
Key Benefit: If the NCLT declares a company insolvent, all its assets are liquidated
to pay investors.
3. HOW TO FILE A CASE IN NCLT FOR INVESTOR
FUND RECOVERY?
Step 1: Collect All Evidence of Investment & Non-Payment
✔ Investment receipts & bank transactions.
✔ Agreements/contracts showing promised returns.
✔ Legal notice sent to the company demanding a refund.
✔ FIR copy (if a police complaint has been filed).
Step 2: Send a Demand Notice Under IBC, 2016 (Form 3 & Form 4)
✔ Investors must send a demand notice to the investment company.
✔ Forms required:
• Form 3 (Demand Notice to the Company).
• Form 4 (Proof of Default & Investment Agreement).
✔ The company has 10 days to respond & pay.
Step 3: File an Insolvency Application in NCLT (Form 5)
✔ If the company does not pay within 10 days, investors can file a case in NCLT.
✔ Forms required:
• Form 5 (Application to Initiate Insolvency Proceedings).
• Affidavit stating non-payment by the company.
• List of other affected investors (if filing as a group).
Step 4: Pay the NCLT Application Fee & Submit Documents
✔ Filing Fee: ₹2,000 – ₹25,000 (based on claim amount).
✔ Where to File:
• Visit the NCLT website: https://nclt.gov.in
• Select the NCLT bench based on company location.
• Submit documents in-person or via an NCLT lawyer.
Step 5: Attend NCLT Hearings & Present Your Case
✔ Investors must attend hearings with their legal representative.
✔ The company must prove its ability to pay or face insolvency.
✔ If the company is found guilty, NCLT orders:
• Freezing of bank accounts & asset seizure.
• Appointment of a Resolution Professional to manage fund recovery.
Expected Outcome:
✔ Investors receive refunds from company assets & liquidation proceeds.
✔ Fraudulent companies face permanent shutdown & legal penalties.
4. SAMPLE NCLT INSOLVENCY APPLICATION
LETTER (FORM 5 FORMAT)
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Date: [DD/MM/YYYY]
To,
The Registrar
National Company Law Tribunal (NCLT)
[Bench Location]
Subject: Application Under Section 7 of the Insolvency & Bankruptcy Code, 2016
Against [Investment Company Name]
Respected Sir/Madam,
I, [Your Name], am an investor who has suffered financial loss due to the fraudulent
activities of [Investment Company Name]. The company has defaulted on payments & is
unable to repay my investment of ₹[XXXXXX].
DETAILS OF DEFAULT:
✔ Investment Date: [DD/MM/YYYY]
✔ Investment Amount: ₹[XXXXXX]
✔ Promised Returns: [Mention Expected ROI]
✔ Company’s Failure: Non-payment, fraud, insolvency.
RELIEF REQUESTED:
1. Initiate Insolvency Proceedings Against the Company.
2. Freeze Company Assets & Bank Accounts.
3. Appoint a Resolution Professional for Fund Recovery.
4. Distribute Liquidated Assets to Investors.
EVIDENCE ATTACHED:
✔ Investment Receipts & Transaction Proofs.
✔ Legal Notice Sent to the Company.
✔ FIR Copy & SEBI/RBI Complaint Reference Numbers.
✔ List of Other Affected Investors.
I request the Hon’ble NCLT to take immediate action & grant relief under Section 7 of IBC,
2016.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments:
✔ Investment Proof
✔ Form 3 & Form 4 (Demand Notice)
✔ Form 5 (Insolvency Application)
5. HOW TO TRACK NCLT CASE STATUS?
Step 1: Check NCLT Website for Case Updates
✔ Go to: https://nclt.gov.in
✔ Enter your case number to track progress.
Step 2: Attend NCLT Hearings & Submit Additional Evidence
✔ Be present on all hearing dates.
✔ Provide updated bank statements & fraud reports if needed.
Step 3: If No Progress, Escalate the Case to the National Company Law Appellate
Tribunal (NCLAT)
✔ Appeal the case to NCLAT if delays occur.
✔ File a revision petition for urgent action.
Expected Outcome:
✔ Company assets get liquidated & investor refunds are processed.
✔ Fraudulent directors are banned from financial markets.
6. FINAL CHECKLIST FOR SUCCESSFUL NCLT
INSOLVENCY CASE
Have you sent a legal demand notice to the company (Form 3 & Form 4)?
Did you file an insolvency application (Form 5) with required documents?
Have you submitted the case in the correct NCLT bench?
Are you tracking case progress & attending hearings?
If no response, are you escalating the case to NCLAT?
If YES to all, your case is legally strong for investor fund recovery!
Take Action Now! Use NCLT Insolvency Laws to Recover Your Investment Money!
For NCLT Case Filing Assistance & Legal Consultation, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
The More Investors File NCLT Cases, the Faster Fund Recovery Happens!
GUIDE TO FILING A CRIMINAL CASE AGAINST FRAUDULENT
COMPANY DIRECTORS UNDER BHARATIYA NYAYA SANHITA (BNS)
(How Investors Can Legally Prosecute Fraudulent Directors & Ensure Maximum Criminal
Punishment for Financial Fraud)
WHY THIS GUIDE IS IMPORTANT?
Investment fraudsters should not just face civil lawsuits—they must also be
criminally prosecuted.
A criminal case ensures the fraudsters are arrested, their assets are frozen, and they
face strict jail sentences.
This guide explains how investors can file a criminal complaint under the new
Bharatiya Nyaya Sanhita (BNS), 2023.
1. WHAT SECTIONS OF BHARATIYA NYAYA
SANHITA (BNS) APPLY TO FINANCIAL FRAUD?
BNS is India’s new criminal code (replacing IPC), and it has strict provisions for
financial crimes.
Relevant Sections for Investment Fraud Cases:
Section
Offense
Punishment
BNS Section
316
Cheating & Fraudulent Transactions
Up to 10 years imprisonment +
Fine
BNS Section
317
Criminal Breach of Trust 7 years imprisonment + Fine
BNS Section
324
Forgery & Fake Financial Documents
7 years imprisonment +
Confiscation of assets
BNS Section
108
Criminal Conspiracy to Commit Fraud Equal punishment to main accused
PMLA
Section 3
Money Laundering (Prevention of Money
Laundering Act)
3-10 years imprisonment + Seizure
of properties
Key Benefit: Filing a criminal case ensures that fraudsters cannot escape
punishment by merely repaying investors.
2. HOW TO FILE A CRIMINAL CASE AGAINST
FRAUDSTERS?
Step 1: Collect All Evidence of Fraudulent Transactions
✔ Investment receipts, bank transfers & payment proofs.
✔ Emails, WhatsApp messages & company agreements.
✔ Company advertisements or presentations that misled investors.
Step 2: File an FIR at the Nearest Police Station
✔ Visit the nearest police station with all evidence.
✔ Clearly state that you are filing a complaint under:
• BNS Sections 316, 317, 324 & 108 (for fraud, forgery & breach of trust).
• PMLA Section 3 (for money laundering).
✔ Get an FIR copy with a reference number for future legal use.
Step 3: Send a Criminal Complaint to Economic Offenses Wing (EOW)
✔ EOW specializes in investigating large-scale financial frauds.
✔ Email your complaint to your state’s EOW department.
✔ Attach FIR copy, investment proof & fraud details.
Step 4: Request a Lookout Circular (LOC) to Prevent Fraudsters from Escaping
✔ File an application with Cyberabad Police & CBI Interpol Division.
✔ Include passport details of accused fraudsters to prevent them from fleeing abroad.
✔ Follow up with CBI’s Economic Offenses Division for international tracking.
Step 5: Follow Up on Case Progress & Push for Immediate Arrests
✔ Track case updates via Police FIR Status Portal or RTI request.
✔ Demand a charge sheet be filed within 60 days to ensure quick prosecution.
✔ Media awareness & investor protests can speed up police action.
Expected Outcome:
✔ Fraudsters are arrested & face criminal trials.
✔ Investors gain leverage for fast refunds during court proceedings.
✔ The government is forced to take strict action against corporate frauds.
3. SAMPLE CRIMINAL COMPLAINT LETTER
AGAINST FRAUDULENT DIRECTORS
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Date: [DD/MM/YYYY]
To,
The Station House Officer (SHO)
[Police Station Name]
[City, State]
Subject: Criminal Complaint Against [Investment Company Name] for Cheating, Fraud
& Money Laundering
Respected Sir/Madam,
I, [Your Name], along with several other investors, have been defrauded by [Investment
Company Name], which has misappropriated investor funds worth ₹[XXXXXX] crore and
refused to return the invested amount.
DETAILS OF THE FRAUD:
✔ Investment Date: [DD/MM/YYYY]
✔ Investment Amount: ₹[XXXXXX]
✔ Company’s False Claims: [Mention false promises – "guaranteed 30% returns", "risk-free
investment"].
✔ Accused Fraudsters & Their Roles:
Name
Designation
Current Status
Last Known Location
[Director Name]
Managing Director
Absconding
Hyderabad
[Director Name]
Chief Executive Officer
Hiding
Mumbai
[Director Name]
COO
Not responding
Delhi
CRIMINAL SECTIONS APPLICABLE UNDER BHARATIYA NYAYA
SANHITA (BNS):
1. BNS Section 316: Cheating & Fraudulent Transactions (10 Years Jail + Fine).
2. BNS Section 317: Criminal Breach of Trust (7 Years Jail + Asset Seizure).
3. BNS Section 324: Forgery of Investment Contracts (7 Years Jail).
4. BNS Section 108: Criminal Conspiracy to Defraud Investors.
5. PMLA Section 3: Money Laundering (Up to 10 Years Jail + Asset Confiscation).
IMMEDIATE ACTION REQUESTED:
1. Arrest the Fraudulent Directors & Freeze Their Bank Accounts.
2. Issue a Lookout Circular (LOC) to Prevent Them From Leaving India.
3. File a Charge Sheet & Prosecute Under BNS & PMLA.
4. Seize Their Assets & Ensure Refunds to Investors.
I request you to register this FIR immediately and take strict legal action against the
accused.
Sincerely,
[Your Name]
[Your Address]
[Your Contact Number]
[Your Email]
Attachments:
✔ Investment Receipts & Bank Transactions
✔ SEBI & RBI Complaint Reference Numbers
✔ FIR Copy & Legal Notice
4. HOW TO TRACK CRIMINAL CASE STATUS?
Step 1: Check FIR Status Online
✔ Visit your state’s police FIR status portal.
✔ Enter FIR number & complainant details.
Step 2: Follow Up with Investigating Officer (IO)
✔ Visit the police station every 2-4 weeks for updates.
✔ If no progress, escalate to DCP/SP level.
Step 3: File an RTI Request for Case Progress
✔ Visit RTI Portal: https://rtionline.gov.in
✔ Ask for updates on investigation & action taken.
Step 4: Media Coverage & Investor Protests
✔ Contact financial journalists & news channels to cover the case.
✔ Organize press conferences & investor awareness protests.
Expected Outcome:
✔ Fraudsters are arrested & face criminal trials.
✔ More investor refunds processed during legal proceedings.
✔ Increased pressure on SEBI, RBI & government to act.
5. FINAL CHECKLIST FOR SUCCESSFUL CRIMINAL
PROSECUTION
Have you filed an FIR under BNS Sections 316, 317, 324 & PMLA Section 3?
Did you escalate the case to EOW & request a Lookout Circular (LOC)?
Are you tracking FIR progress & following up with authorities?
Have you informed the media & investor community for stronger action?
If YES to all, you are ensuring criminal punishment for fraudsters!
Take Action Now! Ensure Fraudsters Face Strict Criminal Punishment!
For Legal Assistance & Case Filing Support, Contact FIDIRG:
Email: [AOP Legal Team Email]
Helpline: [AOP Contact Number]
Website: [AOP Website URL]
The More Investors File Criminal Cases, the Faster Justice Will Be Served!
