Pune: Central Bureau of Investigation (CBI) in coordination with the Ministry of External Affairs and the Ministry of Home Affairs (MHA), has successfully secured deportation of Red Notice subject Vishakha Rathod from the United Arab Emirates (UAE) to India on Monday.Rathod was wanted in connection with a case involving a large-scale financial fraud, worth Rs 88 crores, in criminal conspiracy with others; the woman and other suspects induced investors to invest in multiple schemes by falsely promising assured fixed monthly returns.A case of cheating in this regard was registered with the Chatushrungi police station in 2023 and the case was being probed by the Pune police’s Economic Offences’ Wing. Rathod was a resident of Wakad and was running an office of the investment firm in Aundh. Apart from cheating charges, the police had also invoked charges against her and others under the provisions of the Maharashtra Protection of Interests of Depositors (MPID) Act.The EOW officials then carried out searches for her in Pune, Satara, Lonavla, and Mumbai but she and others were not available in these places. Police then issued Look Out Circular against her and others.She and others dishonestly misappropriated the funds and diverted the proceeds through multiple bank accounts and demat accounts. Earlier, a Red Notice was got published against the subject through INTERPOL.
