Yuvraj Singh’s Mother Lost A Huge Amount Of Money In A Fraud Scheme

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Things are not going well for Indian cricketer, Yuvraj Singh. Last year, he was dropped from Indian squad for his poor performances. He was not able to make it big in the domestic matches and had a very bad IPL season as well. However, he has been working hard on his game.

Currently, Yuvraj Singh is currently playing for Punjab in the ongoing Vijay Hazare Trophy.  In the Hazare Trophy, he smashed nine sixes, stacking up 264 runs at an average of 37.71. He is working a lot on his fitness and is looking forward to playing in World Cup 2019.

Recently, a bad news has been surfacing on the internet related to Yuvraj Singh’s mother, Shabnam Kaur. According to reports, Shabnam Kaur  has lost a huge amount of money in a large Ponzi (fraud) scheme.

She had invested a sum reported to be around Rs 1 crore but she could recover only half of it that is Rs 50 lakhs. Yuvraj’s mother was one of many investors who lost their money in this fraud scheme.

According to further reports, Mumbai’s Enforcement Directorate team has already launched an investigation. Yuvraj’s mother is asked to submit all the transaction related documents. The officials have also asked her to describe her purpose of investment.

Well, the company where Yuvraj’s mother invested was called Sadhna Enterprises. They had promised Yuvraj’s mother an 84% annual return on the investment.  A complaint has been registered by the ED under the Prevention of Money Laundering Act.

Investigations are going on in full swing and we really wish that things get sorted out really soon.

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