Bollywood actor Shreyas Talpade and 14 others have been named in a deceptive multi-crore chit fund scam in Uttar Pradesh's Mahoba district.
They were allegedly associated with 'The Loni Urban Multistate Credit and Thrift Cooperative Society Limited' and misled rural investors with promises of high returns.
The company abruptly ceased operations after collecting crores from unsuspecting rural investors, and its representatives disappeared.
Earlier, an FIR was filed against Talpade and senior actor Alok Nath for defrauding investors of over ₹9 crore.