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Vijayawada: TDP Leader Flees After Cheating Depositors in Chit Fund Business

Vijayawada: A TDP leader ran away after cheating nearly 300 people of Rs 6 crore in the name of chit funds. The victims approached the police to file a cheating case against the accused Patiwada Appala Naidu who went missing after duping them.   According to the victims, Naidu ran a Bhanu Nagar chit firm in which several people including daily wage workers deposited their hard ....

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Margadarsi Chit Fund Scam: AP CID Issues Notice To Ramoji Rao's Daughter-in-law Sailaja

HYDERABAD/GUNTUR: The Andhra  Pradesh Crime Investigation Department (CID) probing the irregularities and funds diversion in the Margadarsi chit fund case on Tuesday had issued notices to  Margadarsi  MD Cherukuri Sailaja. CID DSP Ravi Kumar issued a notice to her asking her to be available for investigation on four dates 29th or 31st of this month or on the 3rd or 6th of ....

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Andhra CID summons Ramoji Rao, daughter-in-law in Margadarsi case

The Crime Investigation Department (CID) of Andhra Pradesh on Tuesday served notices to media baron and chairman of Margadarsi Chit Funds Private Limited (MCFPL) Cherukuri Ramoji Rao and his daughter-in-law and managing director of MCFPL . ....

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