Gharana fraud has come to light in Rangareddy district. Some people extorted huge amount of money from people in the name of KPW crypto company, this store India, hoping for high interest.
First Published Mar 4, 2023, 2:17 PM IST
Gharana fraud has come to light in Rangareddy district. Some people extorted huge amount of money from people in the name of KPW crypto company, this store India, expecting high interest. Sufiyan and his brothers from Yacharam mandal center in Rangareddy district collected this money in the name of investments. Rs. per lakh per month Rs. They showed hope that they will give 9 thousand interest. A large amount of money was collected from hundreds of people. It seems that after monthly interest was paid to some, the rest also came forward to invest.
In this way the accused from the victims Rs. It seems that money up to 35 crores has been collected. However, the victims who came to know that they have been cheated recently approached the police after the monthly payments stopped. The police have taken up an investigation in this regard. Among the victims are people from Yacharam, Kandukuru, Maheswaram and Ibrahimpatnam mandals and from various parts of Hyderabad. It is reported that some of the victims are government employees.
