
Legal16 Jun 2026, 03:36 pm
Inventure Growth & Securities Files Criminal Complaint Over Identity Theft
AI Summary
Inventure Growth & Securities Ltd has filed a formal criminal complaint with Mumbai Police against unknown third parties for corporate identity theft, forgery, and criminal conspiracy. The perpetrators allegedly cloned the company's name and goodwill to solicit and misappropriate public investment monies through a fraudulent entity and bank account. The company has clarified it has no association with the accused and is cooperating with authorities to freeze fraudulent accounts and trace illicit funds. The financial impact on the company is limited to brand protection risks, while the impact on the public is currently unknown.
Key Highlights
- Company filed criminal complaint against unknown perpetrators for identity theft.
- Alleged misuse of company name to solicit and misappropriate public funds.
- Perpetrators used a deceptively identical name and a fraudulent bank account.
- No direct financial impact on Inventure Growth & Securities; brand risk identified.
- Company is cooperating with police to safeguard public interest.
Price Impact
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