Daund approached him. At that time, they represented that there was a multilevel trading plan whereunder if an amount of Rs. 12,000/- is deposited with the company, a Videocon set top box would be provided. A recharge at the rate of Rs.200/- for a period of ten years would be given free of cost. Thereafter after three months regularly an incentive bonus at the rate of Rs.500/-, Rs. 2,500/- and Rs.12,500/- etc. at incremental rate would be given. The same may come to Rs.97,000/- and odd at the end of 21 months. Upon deduction of certain TDS and service taxes, the amount would be paid and thereafter a regular pension at the rate of Rs.5,000/- would be received. Accordingly, the complainant as well as some other customers subscribed for the same. The present applicant Rahul was represented to be the Director of the said company. A contract was executed. Certain amount was paid regularly. Ultimately, in August 2011, a post dated cheque bearing date 5.1.2012 was given with a direction that the same shall not be deposited with the Bank prior to the due date. However, when the complainant deposited the same, prior to the said date, the same was encashed. However, no amount was paid to one Yakub Shaikh, who was also made member of the said scheme by the complainant. Thereafter, even after various visits, no amount was paid nor any cheque was issued and thus, alleging that a fraud was committed, the
