A 34-year-old man, K Bharghav, was arrested in Hyderabad on February 16 for allegedly running a fraudulent software company that targeted IT job seekers. Bharghav, a former HR manager, established a fake company in Madhapur and created a corporate facade with a legitimate-looking office and website to deceive job applicants.
The scam involved promising positions such as junior developers in exchange for hefty payments ranging between Rs 1 lakh and Rs 2 lakh. After collecting the money, Bharghav issued counterfeit appointment letters and company IDs. Once the job seekers paid up, he disappeared without fulfilling the job offers.
Authorities have recorded four cases against Bharghav and seized cash and fake documents from his possession. The Task Force Central Zone Team apprehended him after a detailed investigation. The police are continuing their investigation to uncover the full extent of the scam.