Gurgaon police on Tuesday registered an FIR naming Indian-born global CEO of Citibank, Vikram

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Pandit, and 10 other officials in the Rs 300 crore fraud case.

Several high net worth individuals who were duped have complained that their securities were encashed without their knowledge.

Along with Pandit, the FIR filed by a high net worth individual, Sanjiv Agarwal, also named Citi­bank chairman William R Rhodes and other senior officials in India.

"We got the complaint and immediately registered the FIR,” said Gurgaon police commissioner SS Deswal. In the FIR, Agarwal, who is a resident of Gurgaon, alleged criminal breach of trust, falsification of accounts, cheating and criminal conspiracy by officials of Citibank.

“All persons named, in collision and conspiracy with each other and other known or unknown persons, have misappropriated money to the tune of Rs 32.43 crore,” Agarwal said in his complaint.

The case has been registered under sections 409, 477A, 420 and 120B of the IPC. Others who have been named in the FIR include Citibank CFO John Gerspach and COO Doughlas Peterson, both based in New York.

Amit Zarpuri, Ashwini Chaddha, Amrita Farmahan, Rahul Soota, N Rajshekaran, Pramit Jhaveri and Shivraj Puri have been named the main accused in the case.

"We are examining the complaints of HNIs," a senior police official said. These investors were lured into investing funds on promise of high returns by Puri, the main accused.

Sources say police were in touch with all HNIs, which include about 20 companies.

These investors have complained to the police about liquidation of their shareholding from their demat accounts without their knowledge.

Among the major investors, Hero group entities had reportedly invested Rs 250 crore in various schemes.

Police have already questioned senior officials of two brokerages — Religare Securities and Bonanza — through which the money was routed to the stock exchanges, mainly in Nifty index options.

Gurgaon police is also taking the help of chartered accountants to crack the case.

Police sources also informed that Raghuraj Puri, father of the kingpin, runs a brokerage. Police have asked Raghuraj Puri and his wife to appear before them. But the couple is yet to respond.