NSN Infotech Fraud: Embezzlement Of Money Of 400 Unemployed People
Hyderabad, Nov 26 (Maxim News): A massive fraud has once again come to light in Madhapur, known as the IT hub. A fake IT company running under the name ‘NSN infotech‘ has robbed unemployed youth of crores of rupees by promising them training and jobs and the board has overturned overnight. The mastermind behind this, Swami Naidu, and his family are absconding.
NSN infotech Company has been operating from an office in a building in Madhapur for the past few months. It provided training in high-demand courses like ‘Full Stack Developer, Data Science, Cyber Security’ and promised to provide jobs in its company after the training. It charged a fee of Rs. 2.5 lakh to Rs. 3 lakh from each student. In this way, it is said that it collected around Rs. 10-12 crore from a total of 400 students.
However, as usual, students who came to classes this morning were shocked. The company board was turned over and the doors were closed. The management phones were switched off. WhatsApp groups were deleted. Swami naidu, his wife and some other key people from the company were missing. When the students reached the office and knocked on the door, no one responded. The matter came to light when the owner of the house said, ‘We haven’t even paid the rent, someone came and locked it.’ The victims are expressing their deep grief over this. (Maxim News)
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