A court here has fixed February 16 to consider taking cognisance of the charge sheet filed against Ulhas Prabhakar and his wife, accused in the multi-crore Stock Guru scam case.

Ulhas and Raksha J. Urs, who are presently in judicial custody, were arrested by the Delhi Police Economic Offences Wing on November 10 at Ratnagiri in Maharashtra.

False promises

The police had accused them of duping several thousand investors from seven States of nearly Rs.500 crore on the promise of high returns from investment made by their company M/s Stock Guru India in the stock market.

The police said that 33-year-old Ulhas, hailing from Nagpur, and 30-year-old Raksha alias Priyanka, hailing from Mysore, allegedly assumed different identities to dupe investors.

They posed as doctors, investors, businessmen and ran several fraudulent firms, the police alleged.