Noida: An FIR has been registered against 10 people, including a former Samajwadi Party functionary, for allegedly embezzling over Rs 1 crore under the pretext of opening a grocery company.Three named accused — Anshul Yadav, Subey Yadav and Adesh Yadav, all residents of Sector 113 — and seven others have been charged with issuing threats and causing injury by hitting a man with a vehicle. One of the accused is the former metropolitan president of Samajwadi Party. The case was registered at the Phase 3 police station on the orders of a court. The complainant — Yatendra Bansal alias Ricky, a resident of Vasundhara — alleged in his application to the court that he complained to the police, but no action was taken. Therefore, he “approached” the court.The case was registered under sections 316(2) (criminal breach of trust), 115(2) (voluntarily causing hurt), 352 (intentional insult with intent to provoke breach of peace), 351(2)(1) (criminal intimidation), 281 (rash driving or riding in a public way) and 125(b) (endangering life or personal safety due to rashness or negligence) of the BNS. Yatendra said that he, along with his partner Himanshu, formed the company — Grocery Bazaar. The accused were also partners in this venture. As per the agreement, a grocery store was opened in the Phase 3 area, and Yatendra, Himanshu and Adesh were appointed directors. Yatendra invested more than Rs 1 crore in the venture. The “other directors and partners” took control of the store. When Yatendra and Himanshu demanded their money back, the accused threatened them. Anshul, Subey, Adesh and seven others together changed the company’s name to New Noida Grocery Bazaar. On July 6, 2025, the accused allegedly attempted to kill Yatendra by hitting him with a vehicle. The complainant was “in a state of shock” since then.
