According to the police, R.Ajay Kumar (35), a medical distributor and a resident of Borabanda, flouted the company and collected Rs.4.49 crores from 35 persons.
Originating in China, the pig-butchering scams have gone on to target scores of individuals seeking companionship on social media platforms and dating apps world over.
A computer operator was arrested by the Task Force in Mancherial on Tuesday on charges of duping the public under the guise of share market investments.
Apart from each job carrying the potential to create three to four indirect jobs, the UK-US tour of the delegation led by KTR has also attracted investments for Tier II cities of Telangana
Andhra Pradesh is attracting the highest investments in industrial sector in the country, according to State Minister for Information and Public Relations Chelluboyina Venugopala Krishna
In the last eight and half years, the State had received investments worth Rs.3.32 lakh crore and created 22 lakh direct employment through TS-iPASS, Minister said.
During his meetings with the head honchos of different corporate companies, the Minister urged managements to expand their operations in the State with specific focus in establishing new units in tier II towns and cities.