Archive · 25 Sep 2025
Telangana Police Arrest Two in Rs 8.5 Crore Fraud
Two men in Telangana, India, were arrested for tricking 125 people.
They promised high returns on investments, collected money, and then didn't pay it back.
They created a company called Shreem Evergreen Constructions and used websites to collect money.
They even took investors on trips as a way to gain their trust.
Police say they also used drugs.
Two individuals were arrested by Nizamabad CCS police.
They are accused of defrauding people of Rs 8.5 crore.
The accused set up a company named Shreem Evergreen Constructions.
They used online platforms to collect money.
The accused took depositors on trips as part of their scheme.
- Who
- Mohammad Moiz Khan and Syed Ahmad Hasan
- What
- Were arrested for allegedly cheating people out of Rs 8.5 crore.
- When
- Not explicitly stated
- Where
- Nizamabad, Telangana
- Why
- They lured people with promises of high returns and collected deposits through fake companies and online platforms.
- Accused
- Mohammad Moiz Khan and Syed Ahmad Hasan
- Location of Arrest
- Nizamabad
- Amount of Fraud
- Rs 8.5 crore
- Number of People Duped
- 125
- Modus Operandi
- Promised high returns through Shreem Evergreen Constructions and online platforms