The Economic Offences Wing (EOW), Chennai, on Friday registered a first information report (FIR) against Franklin Templeton India, its trustee company, and senior management, including the fund manager, for allegedly defrauding the 300,000 unitholders stuck in its six shut debt schemes. The FIR is based on a complaint filed by the Chennai Financial Markets & Accountancy (CFMA), an investor group, in May this year.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com