₹4.41 Crore One Click Multitrade Sanstha Scam Exposed in Dadar.

Bhoiwada Police Expose One Click Multitrade Sanstha’s ₹4.41 Crore Dadar Investment Scam

Bhoiwada Police have uncovered a ₹4.41 crore investment scam run by One Click Multitrade Sanstha, led by accused Namdeo Babaji Navale and Alka Deepak Mahadik. Nearly 2,000 people were deceived through fake lucky draws, YouTube promotions, and a Ponzi-like promise of ₹25,000 returns on a ₹1,000 monthly deposit. The fraud expanded rapidly by using agents recruited from within victims’ families. The case is now registered under the Bharatiya Nyaya Sanhita and the MPID Act, signalling a serious financial crime investigation.

The One Click Multitrade Sanstha scam has defrauded investors of millions. Bhoiwada police registered a major case against two individuals for a sophisticated fraud. Accused Namdeo Babaji Navale and Alka Deepak Mahadik allegedly cheated investors. They promised extravagant returns through a fake lucky draw scheme. The total fraud amount is a staggering ₹4.41 crore.

The scheme specifically targeted nearly 2,000 depositors from the local area. A detailed complaint from investor Madhura Mahesh Bhole exposed the entire operation. The accused have been charged under the stringent Bharatiya Nyaya Sanhita. They also face charges under the Maharashtra Protection of Interest of Depositors Act. This ensures a serious investigation into the financial establishment fraud.

Police investigations reveal a complex network of agents and victims. The accused used modern digital platforms to appear legitimate. They conducted lucky draws on YouTube and Zoom for credibility. This multi-layered scheme collapsed when payments abruptly stopped. The Sprouts News Special Investigation Team examines this elaborate con.

One Click Multitrade Sanstha Deceptive Lure: Lucky Draws and Too-Good-To-Be-True Returns

The scam began with a personal connection within a family. Complainant Madhura Bhole first met Alka Mahadik as a tenant. Mahadik lived at the residence of Bhole’s own brother-in-law. This proximity helped build the initial trust required for the pitch. Mahadik then introduced Bhole to the investment scheme in June 2023.

The scheme’s premise was simple yet incredibly attractive. Investors paid a monthly subscription of ₹1,000 for 20 months. They were promised a massive ₹25,000 payout in the 21st month. A monthly lucky draw offered ₹25,000 to one winner immediately. Those who never won were guaranteed ₹24,140 after the term. These returns were financially unsustainable from the very start.

Attracted by these impossible returns, Bhole began investing personally. She later took on a more active role within the organisation. The accused then recruited her as a formal agent for the scheme. This recruitment strategy was key to the scam’s rapid expansion. It leveraged personal networks to create a false sense of security.

Building a Pyramid: How Agents Were Recruited and Rewarded

As an agent, Madhura Bhole was promised a 10% commission. This amounted to ₹100 for each member she successfully recruited. She was then introduced to the alleged mastermind, Namdeo Navale. Navale, based in Thane, was presented as the scheme’s founder. Bhole’s success as an agent was significant and damaging.

She eventually recruited over 100 members into the fraudulent scheme. This demonstrates the powerful incentive structure for agents. The model effectively functioned as a pyramid scheme. It relied on constantly recruiting new investors to pay old ones. This classic Ponzi structure is destined for inevitable collapse.

Navale frequently launched new schemes to maintain momentum. These included Lucky Star and a Gold-Silver Scheme. He also created seasonal offers like Happy Gudi Padwa. Special Summer and Diwali Offers were also used as bait. These constant promotions created a false sense of active business.

Also Read: Ekdant Housing Scam: EOW Books Partners in ₹300 Cr Fraud.

The Illusion of Legitimacy: YouTube, Gifts, and the Eventual Collapse

To attract more agents, the accused distributed lavish gift items. These incentives included motorcycles and home theatre systems. Refrigerators and scooters were also given to top performers. Promotional pamphlets were widely circulated across Dadar. This created an illusion of a successful, generous company.

The accused used digital platforms to simulate transparency. They operated two separate YouTube channels for announcements. Lucky draw results were declared live on Zoom meetings. Navale acted as the host for these online events. Alka Mahadik served as the co-host during these broadcasts.

For a period, the scheme operated smoothly and paid returns. Winners received payments as promised during initial months. This period of normalcy lasted until April of this year. The consistent payments were crucial for building false confidence. This convinced investors the scheme was genuine and profitable.

The House of Cards Falls: Payments Stop and Accused Vanish

The entire operation collapsed immediately after April 2025. All payments to investors and agents were abruptly stopped. When Bhole contacted Navale, he gave a stock market excuse. He claimed their funds were stuck and could not be withdrawn. This was the first major red flag for the investors.

Soon after, Namdeo Navale completely stopped answering phone calls. The physical office in Dadar was suddenly shut down. The accused became unreachable for all investors and agents. This confirmed the fears of a large-scale fraudulent operation. Madhura Bhole alone was owed ₹9.29 lakh at this stage.

She realised 82 depositors under her were also cheated. A total of 32 other agents were in a similar position. They had collectively pooled money from around 2,000 depositors. The total misappropriated amount reached ₹4,41,78,920. The police confirmed no investor deposits were returned.

Legal Reckoning and a Warning for Indian Investors

The Bhoiwada police have registered a comprehensive case. Charges are filed under BNS Act sections 316(2) and 3(5). The MPID Act sections 3 and 4 have also been invoked. This legal framework allows for attachment of accused assets. It is designed to facilitate eventual restitution for victims.

This case is a stark warning for all small investors in India. Fraudsters often use personal networks to build initial trust. Unsustainably high returns are the biggest red flag in any scheme. The use of digital platforms can create a false veneer of legitimacy. Always verify any investment firm with regulatory authorities.

The investigation led by Bhoiwada police remains ongoing. They are currently searching for the absconding accused. The Sprouts News team will continue to monitor this case closely. We are committed to providing updates on this major financial fraud.