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ED arrests 3 people in Rs 6,380 crore Agri Gold Ponzi scam
ED arrests 3 people in Rs 6,380 crore Agri Gold Ponzi scam
The ED had initiated its investigation based on multiple FIRs lodged in Andhra Pradesh, Telangana, and Karnataka.
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The Enforcement Directorate (ED) has arrested three persons in connection with the Rs 6,380 crore Ponzi scam involving Agri Gold Group of Companies, officials said. The probe agency produced Avva Venkata Rama Rao, Avva Venkata Seshu Narayana Rao, and Avva Hema Sundara Vara Prasad before the ED court in Hyderabad which granted 14 days of judicial custody to all the 3 accused.