1 month ago
Couple on the Run After Rs 2 Crore Chit Fund Scam
A couple named Sirisha and Sambasivarao ran a chit fund scheme in a small town in Telangana.
They promised people big returns on their money.
They collected almost 2 crore rupees from many residents.
When the promised money didn’t come back, the people complained.
The police opened a case and started looking for the couple, who are now on the run.
Sirisha and Sambasivarao collected nearly Rs 2 crore from local residents.
The scheme promised high returns but investors did not receive their money.
Investors from BSR Colony in Ameenpur reported the fraud to the police.
Police registered a case and launched a search operation for the couple.
The couple is currently on the run after the scam was uncovered.
- Who
- Sirisha and Sambasivarao
- What
- Collected nearly Rs 2 crore from residents via a chit fund scheme and are now absconding
- Where
- BSR Colony, Ameenpur, Sangareddy district, Telangana
- When
- Recently
- Why
- Investors did not receive promised returns
Key facts
- Suspects
- Sirisha and Sambasivarao
- Amount collected
- Rs 2 crore
- Location
- BSR Colony, Ameenpur, Sangareddy district
- Status
- On the run
- Police action
- Case registered, search operation launched
Sources
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