Kolkata Police probes in Cox & Kings’ Rs 40 crore fraud case

An investigation has been conducted by Kolkata Police, against tour operators Cox & Kings (India) in a cheating and misappropriation case for allegedly collecting an amount of Rs 40 crore from around 75 people “on the pretext of conducting overseas tours”.

According to a top officer, the tour operator failed to fulfil the commitment and did not return the booking amount. In accordance with the reports, the company has allegedly shut down its 6, Russel Street office and given notice of its inability to conduct overseas tours.
The report also underscores that the company has asked 2,000 employees in order to resign pleading helplessness in paying their due salaries for three months. Based on the complaints lodged by Camelia Dutta and others, a case has been registered against the directors and promoters of the company Cox & Kings (India) Limited, said Joint Commissioner (crime) of Kolkata Police Murlidhar Sharma said.
The officer said that under sections of the Indian Penal Code for criminal breach of trust, cheating and criminal conspiracy, the complaint against the company was registered at the Shakespeare Sarani police station.

The complainants had alleged “cheating and misappropriation of booking amount” to the tune of Rs 7.50 crore “on the pretext of conducting tour in different foreign countries”, Sharma said.

“Enquiry reveals that the company has collected huge the amount of Rs 40 crore from approximately 75 complainants for conducting tours in different countries on the basis of their reputation but neither fulfilled the commitment nor returned the booking money,” he said. The detective department of the city police is conducting the probe, he said.