Hyderabad: The Cyberabad police on Tuesday arrested a man for allegedly cheating and duping people on pretext of offering huge profits on their investments.
Kandula Srinivas Rao, (44), a native of Andhra Pradesh started a company ‘Well Vision Group of Companies’ and lured people into investing in the business. He collected Rs 14 crore from 200 members and later duped them, said Cyberabad police.