Archive · 31 Jul 2025
Actor 'Powerstar' Srinivasan Arrested in Loan Fraud
Imagine an actor named 'Powerstar' who promised a company a big loan but tricked them.
He took 5 crore rupees from them.
Instead of getting the loan, the company lost money.
The actor used the money in different ways.
He ran away from court for many years.
The police found him and arrested him in Chennai.
He has been arrested a few times before, and has other fraud cases pending.
Tamil actor 'Powerstar' Srinivasan was arrested in Chennai for a Rs 5-crore loan fraud.
He was arrested by the Economic Offences Wing (EOW) of Delhi Police.
Srinivasan took the money from an infrastructure company under the pretense of securing a Rs 1,000-crore loan.
He had been evading trial since 2018 and was declared a proclaimed offender twice.
The actor has six other financial fraud cases pending against him.
- Who
- 'Powerstar' S. Srinivasan
- What
- Tamil actor 'Powerstar' Srinivasan was arrested for a Rs 5-crore loan fraud.
- When
- July 27
- Where
- Chennai
- Why
- For allegedly defrauding a company by promising to arrange a large loan.
Company
Srinivasan
Financial Damage
Company
Paid Rs 5 crore for securing a loan and suffered financial loss.
Srinivasan
Srinivasan's actions caused financial losses to the company.
- Actor's Name
- S. Srinivasan
- Alias
- 'Powerstar'
- Charge
- Rs 5-crore loan fraud
- Date of Arrest
- July 27
- Location of Arrest
- Chennai
