Chit Fund Company Scammed Customers Of Rs. 2 Cr

Hyderabad, Dec 17 (Maxim News): A chit fund company in Parigi town of Vikarabad district has defrauded its customers by taking Rs. 2 crore.  The SLN K chit Fund Company operated in Parigi town for a few years, it collected deposits of Rs. 2 crore from various customers.  

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More than a hundred people from Parigi mandal and several villages within the mandal have joined the chit fund, The victims include private employees, farmers, and daily wage traders.  However, the chit-fund company has not been repaying the money to its customers for a few months.  

The office is open but there are no staff.  Only the office boy and security are working.  When they went to the office and made inquiries, the victims said that the office boy told them that there were no staff.  With this, the victims filed a complaint with the Parigi DSP on Monday against the chit-fund company.  They have filed a case against the company’s management and have demanded that their money be returned to them. (Maxim News)

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