Kathmandu, February 4
* London police suspect more than 200 Gurkhas have invested their savings in an illegal scheme
* They have already identified five Nepali victims
* The firm running the scheme — Capital World Merchant — is under probe since October 2015
London police suspect that serving and retired British Gurkha soldiers may have put a whopping sum — around £2.4 million– at risk by investing in a suspicious ponzy scheme.
They suspect that Capital World Market may have lured around 450 retired Gurkhas into investing their savings by promising high interest rates. Police have asked the victims to lodge complaints. David Manley, London police detective chief, said: “They are not big investors. But more than 200 Gurkha soldiers may have invested in this scheme.” London police suspect that Capital World Market ran a £5 crore scheme, promising five per cent interest rate, only to swindle the investors. They suspect that serving and retired Gurkhas have invested £2.4 million in the scheme.
Under the scheme, the company distributes profit to investors in an illegal manner. The company is under probe since October 2015, with 14 individuals associated with it already arrested. London police said they have already identified five Nepali victims.
