MLM scam: Rana bail plea adjourned
The Ahmedabad sessions court on Friday deferred the hearing of bail application of the main accused in the multi level marketing scam, Zahir Rana till July 15.

Zahir Rana, owner of Remo Marketing was arrested by the economic offences wing of CID (Crime) for duping people in the name of multi level marketing schemes on May 25.

Special public prosecutor Chetan Shah argued that cheques worth more than Rs 2 crores issued by Rana had bounced and the complainant had to go to Rana’s office to collect his cheque. Mr Shah argued that the intention of Rana behind floating his scheme Recharge4free.com was to lure people and induce them to bring more clients. The prima facie evidence against Rana was that he could tamper with the evidence if he is released on bail.

Meanwhile, the court also instructed the police to allow Sajid Rehan another accused in the scam to see his son who is not keeping well. It may be recalled that his servant allegedly killed Rehan’s wife.

Noticeably, Gujarat chief minister Narendra Modi’s brother Prahlad Modi was reportedly present in the court premises during the proceedings of MLM scam case.

Republished from The Asian Age