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Meet man who studied at IIT, IIM, founded his own business, will now spend 20 years in jail due to

Subramanian confessed to defaulting on over Rs 137 crore to depositors across all schemes and has not voluntarily deposited any amount for the past decade.

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Subhiksha promoter sentenced to 20-year imprisonment for defrauding depositors

Subhiksha promoter sentenced to 20-year imprisonment for defrauding depositors
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IIT, IIM educated Subhiksha founder sentenced to 20 years over investor fraud

A special court in Chennai has handed out a 20-year prison sentence to R Subramanian, the promoter of Subhiksha.

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IIM, IIT alumnus and Subhiksha promoter sentenced to 20 years for defrauding investors

The court has convicted Subramanian and his accomplices under the Tamil Nadu Protection of Interests of Depositors (in financial establishments) Act (TNPID Act).

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