At Greeny Traders Pro, we are committed to maintaining the highest standards of integrity and transparency in our CFD broking services. Recently, we faced a grave situation involving financial threats and extortion attempts, which we are addressing with the full force of the law.
Two clients, Divineraj and *Sivaprasath, opened trading accounts under the guidance of our broker, *Ranjith, in Kerala. After a month of trading, these clients attempted to create issues for our company, despite their lack of understanding about the legality of CFD trading in India. It was also discovered that both individuals had used unaccounted funds (black money) for their trading activities.
The situation escalated when these clients, allegedly under the influence of a third party, demanded ₹20 lakhs from our company, threatening to file false complaints against us if their demands were not met. Upon investigation, we identified the involvement of *Anoop Karcheri, associated with *Mallozz Innovations and Yellowz Innovations, as the mastermind behind these threats.
During a meeting at *Lulu Mall, we gathered irrefutable evidence, including **video and audio recordings, of the financial threats made by Anoop Karcheri. Based on this evidence, we have filed a formal case against him under the following sections of the *Indian Penal Code (IPC):
- Section 383 (Extortion):
- For intentionally putting us in fear of harm to extort money.
- Punishment: Imprisonment up to 3 years and/or fine.
- Section 503 (Criminal Intimidation):
- For threatening harm to coerce us into delivering money.
- Punishment: Imprisonment up to 7 years and/or fine.
- Section 384 (Punishment for Extortion):
- For the act of extorting money through threats.
- Punishment: Imprisonment up to 3 years and/or fine.
- Section 120B (Criminal Conspiracy):
- For conspiring with others to commit extortion and intimidation.
- Punishment: Same as the offense planned or committed.
This case highlights our unwavering commitment to protecting our company’s integrity and ensuring a safe and ethical trading environment for all our clients. We urge all stakeholders to remain vigilant and report any unethical practices to the authorities.
At Greeny Traders Pro, we stand firm against any attempts to undermine our values and operations. We thank our clients and partners for their continued trust and support.