R.K. Nagar Police have arrested P. Padmavathi, 44, in connection with a Rs5 lakh Deepavali chit fund fraud. Authorities revealed that Padmavathi, a resident of Tondiarpet, had been working at …
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chit fund fraud
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FinancialInvestment Scams
Sanganika Mankame Arrested for Rs1.16 Cr Chit Fund Fraud in Raigad
by Ananya MehtaRaigad, Maharashtra: The Rasayani police arrested Sanganika Mankame (52), accused of cheating 40 investors to the tune of Rs1.16 crore through a chit fund scheme promising a 5% return on …
by Ananya Mehta -
In a swift and successful operation, the Domalguda police apprehended two individuals accused of stealing Rs17 lakh and recovered the entire amount within two hours of receiving the complaint. The …
by Ananya Mehta -
Investment Scams
Telangana CID Arrests Four for Rs70 Crore Chit Fund Fraud in Hyderabad
by Ananya MehtaThe Telangana Crime Investigation Department (CID) has arrested four individuals involved in a massive chit fund scam that defrauded at least 1,300 citizens of Rs70 crore in Hyderabad. The accused, …
by Ananya Mehta -
FinancialInvestment Scams
Chennai Woman Arrested for ₹54 Lakh Deepavali Chit Fund Scam
by Ananya MehtaThe Chit Fund and Kandhu Vatti Investigation wing of the Central Crime Branch has apprehended a 49-year-old woman who had been on the run for four years, accused of defrauding …
by Ananya Mehta -
FinancialInvestment Scams
Key Accused in Somasekhara Fin Corp Chit Fund Fraud Arrested
by Ananya MehtaThe Cyberabad Economic Offences Wing (EOW) arrested the key suspect in the Somasekhara Fin Corp chit fund fraud on Tuesday. Malineni Seetha Ramaiah, a resident of Quthubullapur, is accused of …
by Ananya Mehta -
The Chit Fund and Kandhu Vatti Investigation wing of the Central Crime Branch has apprehended a 49-year-old woman, identified as Amudha M, from Triplicane, Chennai. She had been evading authorities …
by Ananya Mehta