The Loni Urban Multi State Credit and Thrift Cooperative Society (LUCC) committed a scam of Rs 92 crore in Uttarakhand. The society opened 35 branches in Uttarakhand and fled after luring investors to double their money in four to five years. In this case, 15 cases have been registered in various districts of the state, in which 20 accused have been arrested. In view of the seriousness of the case and the cases being registered in Uttar Pradesh, Madhya Pradesh apart from Uttarakhand, Chief Minister Pushkar Singh Dhami himself took cognizance of the cases. The Chief Minister, after taking complete information from the officials of the government and police, held talks at various levels in the central government to get all the cases registered against the society investigated by the CBI, in view of getting justice to the investors and victims in the case and conducting a thorough investigation of the matter. The Uttarakhand government has corresponded with the Ministry of Home Affairs, Government of India, to get all the cases investigated by the CBI. Inspector General of Police, Garhwal Zone, Rajiv Swaroop said that the then director of LUCC in Uttarakhand, Manvendra Dwivedi, had opened 35 branches at various places without permission from the Central Registrar of Cooperative Societies. Thousands of investors deposited money in the branches opened in Uttarakhand. After some time, the investors complained that the company did not return their money even after maturity and the managers of the society are absconding. He said that on various complaints, 15 cases were registered against the cooperative society in various districts of Uttarakhand. 20 accused were named in these. During the investigation, it came to light that five cases have also been registered against the society in Uttar Pradesh and Madhya Pradesh. The society was established by Sameer Agarwal. The accused formed a total of six societies, in which the jurisdiction of LUCC is Uttar Pradesh, Uttarakhand and Haryana, the jurisdiction of LJCC is Madhya Pradesh, SSV is Maharashtra, SS is Gujarat and Rajasthan, Phone Human is Bihar Haryana and Vishwas is Punjab.
The society in Uttarakhand was operated by Urmila Bisht and Jagmohan Bisht. Till now, the police has arrested 12 accused in this case and summoned them on B warrant while Sameer Aggarwal is sitting in Dubai.
