Lucknow, September 19, 2025 — Several doctors at King George’s Medical University (KGMU) have filed a police complaint alleging that colleagues duped them of nearly ₹23 lakh through a fraudulent investment scheme. The case involves accusations of financial manipulation, forged documents, and intimidation, raising serious concerns about professional trust within the medical community.
Complainants, including junior and senior residents, said they were approached by three colleagues who proposed investments in a scheme called “Green by Veda.”
Dr. Mohammad Amir Husain, a junior resident, remembers that the proposal started as a casual discussion between colleagues.
Promises of high returns, luxurious incentives, and testimonials from supposed beneficiaries persuaded many doctors to invest.
Funds were transferred via credit cards and direct bank payments, occasionally into personal accounts of the accused.
Some residents reported being asked to recruit additional colleagues, effectively expanding the pool of investors. Early returns for some investors were allegedly paid using funds from newer participants, resembling a pyramid-style structure.
When investors requested withdrawals or questioned returns, they were reportedly threatened with legal action, career repercussions, and reputational damage. Certain complainants also reported cyber complaints filed against them, leading to frozen accounts and financial strain.
The FIR highlights that forged identification documents were used to open accounts and portals under the names of the victims. Complainants were often shown misleading terms and conditions in controlled settings, such as hotel meetings, where they were pressured to sign documents under the pretense of "general terms and conditions."
The allegations focus on Dr. Ajay Kumar Verma, a senior resident in the Anatomy Department, and his wife. Police reports claim the couple used their professional positions to convince junior colleagues to invest and encouraged them to recruit additional participants.
One doctor even reported that a bank account was blocked following a cyber complaint.
The FIR names three KGMU doctors as accused, including one senior resident Dr. Ajay and his spouse.
The complaint was filed with Deputy Commissioner of Police (West), Vishwajeet Srivastava, and local police have registered the case under sections related to fraud, criminal conspiracy, intimidation, and cybercrime. Investigations are currently ongoing.
(Rh/Eth/ARC/MSM)
