India, Oct. 25 -- An FIR has been registered in Uttar Pradesh's Baghpat against 22 people, including Bollywood actors Shreyas Talpade and Alok Nath, for allegedly promoting a fraudulent finance company that duped hundreds of investors with false promises of doubling their money within a year, officials said on Saturday.

According to Additional Superintendent of Police (ASP) Praveen Singh Chauhan, the accused company - Urban State Credit Cooperative Society Limited, based in Loni - ran dubious investment schemes across western Uttar Pradesh through local agents. The schemes were active in districts such as Baghpat, Meerut, and Ghaziabad.

Police said the company used popular film personalities to attract investors and lend credibility to ...