Former Indian Cricketer Aakash Chopra Takes Legal Action Against Businessman for Alleged ₹33 Lakh Scam

Former Indian cricketer Aakash Chopra has taken legal action against a shoe businessman, alleging that he was defrauded of ₹33 lakh in an investment deal. Chopra filed a First Information Report (FIR) at the Hariparwat police station, accusing Kamlesh Parikh and his son Dhruv of failing to return the invested amount, as agreed upon in a notarized agreement.

Investment Deal Gone Sour

The dispute revolves around an investment agreement in which Chopra lent ₹57.80 lakh to Dhruv Parikh, with the promise of a 20% profit within 30 days. Aakash Chopra had placed his trust in Dhruv due to his family’s background in sports and business. Kamlesh Parikh, the father of Dhruv, had been a former manager of State Cricket Teams at Hyderabad Cricket Association and owned a sports shop in Secunderabad.

However, despite the initial agreement and post-dated cheques provided by Dhruv, Chopra claims that he only received ₹24.80 lakh in return after a year of waiting. Kamlesh Parikh, who vouched for his son’s commitment to the agreement, also allegedly failed to ensure its execution.

Chopra’s Statement in the FIR

In the FIR, Aakash Chopra stated, “The accused Dhruv Pareekh had taken ₹57,80,000 from me for investing in the sports shoe business. Since I knew Kamlesh Pareekh, the former manager of State Cricket Teams at Hyderabad Cricket Association and the owner of a sports shop in Secunderabad, I decided to trust his son Dhruv. It was agreed upon in a notarized agreement that Dhruv would return the money in 30 days with a 20% profit, for which he provided post-dated cheques. However, despite 12 months passing, Dhruv has only returned 24.5 lakh and failed to honour the cheques issued to me. Kamlesh Pareekh, as his father, assured me of honouring the agreed terms but failed.”

Chopra further stated, “Both the father and son have now stopped responding to my calls, and I seek my principal amount of ₹33,30,000 from the accused.”

Police Investigation Underway

The Agra police have initiated an investigation into the case following the registration of the FIR. The allegations made by the former cricketer have raised concerns about financial dealings and agreements in the sports and business sectors. The authorities will work to determine the facts and ascertain if any wrongdoing occurred.

Former cricketer Aakash Chopra, known for his insightful cricket commentary and analysis, is determined to pursue legal remedies to recover the funds he claims were wrongly withheld.

As the investigation unfolds, this case highlights the importance of transparent and lawful business transactions, even when involving individuals with reputable backgrounds in the sports industry. The outcome of this legal battle will be closely watched by both sports and business communities in India.

Stay updated with all the cricketing action, follow Cricadium on Facebook, Twitter, and Instagram

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Former Indian cricketer Aakash Chopra has taken legal action against a shoe businessman, alleging that he was defrauded of ₹33 lakh in an investment deal. Chopra filed a First Information Report (FIR) at the Hariparwat police station, accusing Kamlesh Parikh and his son Dhruv of failing to return the invested amount, as agreed upon in a notarized agreement.

Investment Deal Gone Sour

The dispute revolves around an investment agreement in which Chopra lent ₹57.80 lakh to Dhruv Parikh, with the promise of a 20% profit within 30 days. Aakash Chopra had placed his trust in Dhruv due to his family's background in sports and business. Kamlesh Parikh, the father of Dhruv, had been a former manager of State Cricket Teams at Hyderabad Cricket Association and owned a sports shop in Secunderabad.

However, despite the initial agreement and post-dated cheques provided by Dhruv, Chopra claims that he only received ₹24.80 lakh in return after a year of waiting. Kamlesh Parikh, who vouched for his son's commitment to the agreement, also allegedly failed to ensure its execution.

Chopra's Statement in the FIR

In the FIR, Aakash Chopra stated, "The accused Dhruv Pareekh had taken ₹57,80,000 from me for investing in the sports shoe business. Since I knew Kamlesh Pareekh, the former manager of State Cricket Teams at Hyderabad Cricket Association and the owner of a sports shop in Secunderabad, I decided to trust his son Dhruv. It was agreed upon in a notarized agreement that Dhruv would return the money in 30 days with a 20% profit, for which he provided post-dated cheques. However, despite 12 months passing, Dhruv has only returned 24.5 lakh and failed to honour the cheques issued to me. Kamlesh Pareekh, as his father, assured me of honouring the agreed terms but failed."

Chopra further stated, "Both the father and son have now stopped responding to my calls, and I seek my principal amount of ₹33,30,000 from the accused."

Police Investigation Underway

The Agra police have initiated an investigation into the case following the registration of the FIR. The allegations made by the former cricketer have raised concerns about financial dealings and agreements in the sports and business sectors. The authorities will work to determine the facts and ascertain if any wrongdoing occurred.

Former cricketer Aakash Chopra, known for his insightful cricket commentary and analysis, is determined to pursue legal remedies to recover the funds he claims were wrongly withheld.

As the investigation unfolds, this case highlights the importance of transparent and lawful business transactions, even when involving individuals with reputable backgrounds in the sports industry. The outcome of this legal battle will be closely watched by both sports and business communities in India.

Stay updated with all the cricketing action, follow Cricadium on Facebook, Twitter, and Instagram