Dehradun, July 28 -- Garhwal Post Bureau

DEHRADUN, 26 Jul: In the LUCC financial scam, the Uttarakhand government now has officially requested the Ministry of Home Affairs to hand over the case to the CBI. The LUCC had lured investors with false promises of high returns on investment, like doubling their money in 4-5 years.

According to Rajeev Swaroop, IG Garhwal, LUCC opened 35 branches in Uttarakhand illegally, without getting approval from the Central Registrar of Cooperative Societies. Thousands of people invested their money in these branches. However, when the investment period ended, the company did not return the money. Soon after, the company's directors and staff went missing.

After receiving several complaints, 15 FIRs were ...