CBI Probes Ex-MP K D Singh in Wealth Doubling Scam

CBI files case against former Rajya Sabha member K D Singh and seven others for allegedly luring the public in Bhadohi, UP, with schemes to double wealth. Singh's companies, Alchemist Infra Realty and Alchemist Township, are under investigation.

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Sumit Kumar
New Update
CBI

By A Staff Reporter: The Central Bureau of Investigation (CBI) has registered a case against K D Singh, former Rajya Sabha member, and seven others for allegedly luring the public in Bhadohi, Uttar Pradesh, with schemes promising to double their wealth. The accused reportedly amassed crores of rupees through these fraudulent schemes.

The investigation focuses on Singh's companies, Alchemist Infra Realty Limited and Alchemist Township Limited, which are under scrutiny for their involvement in the scam. The CBI's action follows numerous complaints from victims who were misled into investing their money with the promise of high returns.

Singh and his associates are accused of orchestrating the schemes to exploit public trust and collect large sums of money, causing significant financial losses to investors