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Showing posts from August, 2025

What Investors Can Learn from Kewal Ahuja’s SGF Franchise Collapse

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What Investors Can Learn from Kewal Ahuja’s SGF Franchise Collapse The collapse of SGF India under Kewal Ahuja has become one of the most talked-about franchise failures in recent years. For many investors, the promises made by Kewal Ahuja and his team turned into disappointment, unpaid dues, and legal struggles. The story of SGF India is more than just one brand’s downfall — it is a warning for anyone planning to invest in a franchise. The FOCO Model Promoted by Kewal Ahuja Kewal Ahuja marketed SGF India through a FOCO (Franchise Owned, Company Operated) model. Investors were promised that they would own the outlets while the company would manage daily operations and guarantee a fixed return of ₹37,500 every month. Many were convinced by Kewal Ahuja’s polished sales pitches and the brand’s rapid expansion. Unfortunately, the reality was very different — stores struggled, payments stopped, and investors were left with heavy losses. Financial Red Flags Under Kewal Ahuja’s Lead...

Maharashtra: Rohit Pawar Alleges ₹5,000 Crore Navi Mumbai Land Scam

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Maharashtra: Rohit Pawar Alleges ₹5,000 Crore Navi Mumbai Land Scam Mumbai: NCP (SP) MLA Rohit Pawar has alleged a ₹5,000 crore land scam involving Maharashtra Social Justice Minister Sanjay Shirsat in Navi Mumbai, sparking a fresh political controversy. Allegations Against Minister Sanjay Shirsat Shirsat, a Shiv Sena MLA from Aurangabad West and party spokesperson under the Eknath Shinde-led faction, previously served as Chairman of the City Industrial and Development Corporation of Maharashtra Ltd (CIDCO) . Pawar claimed that during his tenure, prime land in Ulwe, Navi Mumbai worth around ₹5,000 crore was cleared in favour of the Bivalkar family . The land parcel, located near the Navi Mumbai International Airport , was originally reserved for building nearly 10,000 affordable homes for the poor. Pawar alleged it is now being diverted for luxury housing projects, depriving common citizens of housing benefits. Historical Background of the Dispute According to Pawar, th...

Terengganu Pensioner Loses RM94,463 in Telegram Investment Scam

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Terengganu Pensioner Loses RM94,463 in Telegram Investment Scam KUALA TERENGGANU: A 59-year-old government pensioner lost RM94,463 after falling prey to an online investment scam syndicate operating through the Telegram application. Scam Began with Telegram Advertisement According to Kuala Terengganu police chief ACP Azli Mohd Noor, the victim, a resident of Batu Rakit in Kuala Nerus, encountered an investment advertisement on Telegram on August 14 . He was instructed by the suspect to register on an investment website. The pensioner initially invested RM200 and saw rapid increases in the displayed profits within his account. Encouraged by the false gains, he proceeded to invest a total of RM94,263 across six different accounts between August 14 and 17. Victim Realised Fraud After Failed Withdrawal The scam came to light when the victim was unable to withdraw money from the investment account. Realising he had lost his pension savings, he lodged a police report at 8.17 p...

Uttar Pradesh Man Arrested in ₹32 Lakh Stock Market Fraud Case

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  Uttar Pradesh Man Arrested in ₹32 Lakh Stock Market Fraud Case Hathras, Uttar Pradesh: Cybercrime police arrested an accused in a ₹32 lakh online stock market fraud following a complaint lodged by Naresh Rohilla, a resident of Amravati Enclave. Facebook Stock Market Ad Led to Fraud According to reports, in April, Rohilla came across a stock market investment advertisement on Facebook. He was asked to download a fake trading application where a so-called “relationship manager” convinced him to invest. Over ₹32 lakh were siphoned off through this scam. Police Action and Arrest Acting on the complaint filed on June 20, police managed to freeze nearly ₹4.5 lakh of the stolen amount. On August 12, a cybercrime team used technical surveillance to track down and arrest the accused, identified as Rohit Sharma , from Hathras. Investigation Underway The accused has been remanded to six days of police custody. Authorities confirmed they have obtained vital leads and are workin...