Top Law News 7-yr jail and Rs 52 L fine to two for duping investors September 28, 2012 by Legal India Admin | Leave a Comment An advocate and his associate have been sentenced by a Delhi court to seven years in jail and a fine of Rs 52 lakh for duping investors through a sham investment scheme promising high returns 15 years ago. Additional Sessions Judge Surinder Rathi sentenced 68-year-old practicing advocate K S Kardam and his associate Madan Lal, […] Read more ยป 7-yr jail and Rs 52 L fine to two for duping investors Additional Sessions Judge Surinder Rathi advocate K S Kardam chairman of Hoffland Group of companies duping investors through a sham investment scheme ex-employee of the Syndicate Bank K S Kardam and his associate Madan Lal proprietor of Hoffland Investments and assistant vice-president Lal prosecution case was that Sharma red corner notice issued against him through Interpol scam kingpin and Hoffland group firms' proprietor B B Sharma Sharma's Hoffland Investments offered rate of annual interest trusted associate convict Kardam