Ludhiana, Nov. 21 -- The Sadar police have registered an FIR against Gurjeet Singh Grewal, director of YBG Co, along with his daughter Anjana Grewal and a company employee Rajinder Kaur, for allegedly duping dozens of investors of nearly Rs.100 crore in the name of a commercial project on Phullanwal-Lodhi Club Road.

The complaint was filed by the YBG Action Core Committee, representing investors who claim they were lured into buying shops and shop-cum-offices on the basis of false promises, forged documents, and deliberately misleading assurances.

The FIR has been lodged under Sections 420 (cheating) and 120-B (criminal conspiracy) of the Indian Penal Code (IPC).

According to the complaint, YBG Co's directors had convinced investors in...