Hyderabad woman files complaint against Heera Group over ₹3 lakh investment fraud
HYDERABAD: A Hyderabad woman has filed a formal complaint against the promoters and associates of Heera Group of Companies, alleging offences of cheating, fraud, criminal breach of trust, misrepresentation, and life threats.
The complaint was lodged on September 18, 2025, at 20.00 IST by Meena Khan, daughter of Naseer Khan, a resident of Chotta Bazaar near Golkonda Fort. In her petition, she stated that she invested ₹3,00,000 in total under the company’s “Unit Purchase Scheme”, which promised 36% monthly returns.
Investments made over time
According to the petition, the investment was made in four instalments between April 2017 and January 2018. These included ₹25,000 each on April 8 and August 30, 2017, ₹50,000 on November 15, 2017, and the largest instalment of ₹2,00,000 on January 19, 2018. Receipts were enclosed with the complaint.
Khan alleged that Heera Group initially assured investors of high profits. However, since 2018 she had not received any profit, dividend, or refund of her principal. Despite repeated follow-ups through phone calls, emails, and personal visits, company officials allegedly failed to respond.
Accused ignored and threatened her
She said she approached Sameer Khan, husband of CEO Nowhera Shaik who handles legal matters, Nazneen Mohammed Zafar Ansari, in-charge of the Hyderabad office, and Mutiur Rahman, spokesperson of the group. According to her, they either ignored her, misled her with false assurances, or threatened her when she asked for repayment.
The complaint stated that these deliberate actions caused her financial loss and mental harassment, and amounted to criminal conspiracy and breach of trust.
Names of persons accused
Eight individuals were named as accused:
Nowhera Shaik, CEO, Heera Group
Sameer Khan, husband of Nowhera Shaik
Nazneen Mohammed Zafar Ansari, Hyderabad office in-charge
Mutiur Rahman, spokesperson
Umeir Shafiuddin alias Abu Haneefa
Shaik Noorulla, brother-in-law of Nowhera Shaik
Shaik Ismail, son of Nanne Saheb
Shaik Imran, son of Nanne Saheb
The petitioner urged police to investigate the case and take action under relevant provisions of law.