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₹14 crore forex trading scam exposed under guise of charitable trust

The Free Press Journal - Mumbai

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October 13, 2025

Funds were collected from more than 150 investors across India, promising high monthly returns

- Poonam Apraj

A ‘charitable organisation’ based in Khar West allegedly cheated more than 150 investors across India of nearly Rs14 crore by luring them into investing in a fake forex trading scheme. The scam came to light after a complaint was filed on October 8 by Pradeep Indarchand Parihar, 34, a chemist from Khar, who alleged that Ojasvi Foundation Charitable Trust and its affiliate Ojasvi AI duped him of Rs1.01 crore by promising monthly returns of 7-8%.

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