Hyderabad: Two directors of a private company which cheated public after collecting deposits to the tune of Rs 870 crore with the promise of higher dividends, have been convicted and sentenced to undergo 27 years of rigorous imprisonment and ordered to pay a fine of Rs 42.76 crore by a court in Tamil Nadu on […]
The case was booked following complaints lodged by Azmeera Lakpathi, Bhukya Sharada and others, with the police on Sunday, alleging that the accused persons had collected huge amounts in the form of promissory notes, cash and cheques from them.
The actor informed the police that the allegations leveled against him of collecting money and cheating a customer in buying a car that was priced Rs 5 lakh a week ago, were baseless
