Hyderabad: Family Arrested for Duping Investors
Hyderabad: Hyderabad CCS police on Tuesday arrested a family that has scammed about 30 investors in the health and real estate sectors of about Rs 10.86 crore.
Click Here To Join Us On WhatsApp
Police arrested Shivaiah, his wife Swarna Latha, and his son Jashwanth. Shivaiah promotes himself through YouTube channels named Mimamsa and Reboot, offering motivational speeches and training sessions and promising high returns on investments in real estate.
Police said the family charged participants up to Rs 1 lakh rupees each. He convinced attendees to invest in his schemes, promising significant profits and providing post-dated cheques, promissory notes, and MOUs as security from his companies Mimamsa, Realty Aura Pvt. Ltd, and Jyoshika Investors Club.
Click Here To Join Us On WhatsApp
Multiple cases were registered against Shivaiah, who claimed to be a naturopathy doctor and NLP trainer.
Shivaiah was previously in judicial custody for 88 days, and his accounts and properties have been seized earlier.
Next Story :
-
Three-Day Regional Research Symposium On Project-Based Learning Concluded
![Three-Day Regional Research Symposium On Project-Based Learning Concluded]()
The three-day Regional Research Symposium on Project-Based Learning(RRSPBL) began at Anurag University, Venkatapur in the city on Saturday
-
Man Found Dead After Falling From Train In Warangal
![Man Found Dead After Falling From Train In Warangal]()
Warangal: A man died after he fell off a running train between Eluguru- Nekkonda railway stations on Sunday. He was aged about 30 years.
-
PM Modi Receives Kuwait’s Highest Honour, 20th International Award By A Country
![PM Modi Receives Kuwait’s Highest Honour, 20th International Award By A Country]()
Prime Minister Narendra Modi was awarded the Wisam Mubarak al-Kabeer, or the Order of Mubarak the Great, by Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, the Amir of Kuwait, on Sunday (December 22).
-
Tension Outside Allu Arjun’s House: JAC Leader’s Agressive Protest
![Tension Outside Allu Arjun’s House: JAC Leader’s Agressive Protest]()
Hyderabad: Tension prevailed at the residence of popular Telugu actor Allu Arjun on Sunday as members of the Osmania University Joint Action Committee (OU JAC) staged a protest demanding justice for Revanth’s family.
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter and Instagram. For all the latest Hyderabad News updates
