Jubilee Hills police probe USD 292,000 fraud linked to film producer’s family

A corporate fraud case has been registered against Symphony IT Distribution in Hyderabad for allegedly cheating a client of nearly USD 292,000. Police are probing financial records and possible international transactions linked to the accused

Hyderabad: A major corporate fraud has surfaced in Jubilee Hills, with a case registered against Symphony IT Distribution for allegedly cheating a client of nearly USD 292,000.

According to available information, the complaint accused members of a prominent film producer’s family, who are associated with the company, of orchestrating the fraud.

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The accused are alleged to have collected money under the pretext of business transactions but failed to deliver the promised services or supplies.

Based on the complaint, the Jubilee Hills police have registered a case and are investigating. Officials are examining financial records, bank accounts, and possible international transactions linked to the case.