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I was paying into a loan scheme (chit fund) run by a police family. I paid them every month for a total of 25 chits from 2018 to 2020. But later, they escaped from the police quarters and moved to an unknown location. Since 2020, the police personnel involved promised to return the full amount but have failed to do so till January 2024. What can I do now to recover the entire amount from this police family?
Gather all payment proofs, messages, or witness support. File a police complaint against the concerned family under cheating and fraud sections. You may also file a civil recovery suit. Since they are absconding, legal action will help trace them. Do not delay, as it could weaken your case. For further legal assistance contact us on our helpline number.