Man Arrested in Kadapa Over Alleged ₹50 Lakh Investment Fraud

Police in Kadapa arrested a man accused of cheating people out of money.

They say he promised investors large profits from trading and exporting food overseas.

One person allegedly gave him ₹50 lakh after hearing these promises.

The man reportedly said he owned two companies in Hyderabad.

Police believe other people may also have given him money.

Cases were reportedly registered against him in several years.

A court sent him to judicial custody.

Police are now trying to find more victims and determine the total amount involved.