Can commission agent be held liable if the company run away with the money?
Detailed facts-
A company by the name of Kalptaru Buildtech Corporation Limited came to people to invest in them in regular deposits and promising them that after a particular tenure(mostly 5 years) their money will be returned along with a very good interest amount. They had setup multiple office in various districts of UP, Punjab, Rajasthan.
A person who brings more people with him becomes an agent get some commission for bringing some more people.
This company ran it's business for 10 -12 years and then in 2016 they abruptly shut their offices and ran away with the people money.
Victims of a village has filed a case of fraud against the agent demanding money from him.
Can the agent be persecuted even when he was just a relaying money to the company office and when he himself along with many of his family memberes was a victim of the same company scam