Shivraj is one of the main culrpits   under serious scrutiny for operating as a dubious intermediary in the name of fundraising. He recently approached a high-profile company, claiming to have a mandate for significant fund disbursement. On this basis, he collected an advance payment of ₹1,50,000 from the company through paramjeet

It is now evident that Shivraj was the primary mastermind behind a meticulously planned and deeply deceptive financial scam.

After an initial agreement was discussed, Shivraj demanded an additional ₹17.5 lakhs under the pretense of covering stamp duty charges required for registering the agreement. To stage authenticity, he organized two meetings at the lobby of a reputed 5-star hotel in Mumbai, during which a so-called “stamp paper vendor” appeared — carrying outdated 2016 stamp papers. The absurd justification given was that these papers were still valid from pre-demonetization times and that this procedure was merely a “test” of the company’s financial capability.

After the payment was made, the stamp papers were sealed in a “VIP bag” and reportedly checked into an Air India flight to Hyderabad, with one of the company’s directors traveling alongside two of Paramjeet’s men to meet an alleged financier. Upon arrival, the bag mysteriously disappeared — with no record of it at the Air India check-in in Hyderabad. A formal complaint was lodged, but no resolution or trace was ever provided.

This disappearance was then used as an excuse to indefinitely delay the promised fund disbursement.

What followed was even more alarming: the director was taken to a hotel in Shamshabad and was told the financier would arrive the next morning. However, at 3:00 AM, both of Paramjeet’s associates vanished without any communication. An FIR has been filed against the individuals involved, and legal proceedings have begun to trace and arrest all those complicit.

This series of deliberate actions — from fake stamp duty claims to staged travel and intentional disappearance — points directly to a well-coordinated scam led by Shivraj, exploiting the trust of companies seeking legitimate funding.

This ordeal has resulted in severe mental, reputational, and financial damage to the company and its founder. It highlights an urgent need to expose and take strict legal action against this fabricated ecosystem of fraudsters operating under the pretense of professional fund-raising services.