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In Maharashtra, Thane Police are in the process of issuing lookout notices against owners of the Goodwin jewellery chain which shut its outlets and allegedly cheated customers who invested in its gold and other schemes.

The police in neighbouring Palghar district on Monday also booked the jewellery firm owners under the Maharashtra Protection of Interests of Depositors in Financial



Establishments (MPID) Act.

The Act has provisions for stringent action against those cheating customers.

Senior inspector S P Aahera, from Dombivali police station in Thane, said that a process is underway to issue lookout notices against the jewellery chain owners to ensure they don't escape from the country.




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