Tag Archives: scam

Hyderabad: Bhuvanteza Infra Fraud

Hyderabad: Bhuvanteza Infra Employees Arrested for Alleged Real Estate Fraud

Two employees of Bhuvanteza Infra Projects Pvt Ltd, J. P. Bhushanaa Rao and J. Raj Kumar, were arrested by the Central Crime Station police in Hyderabad for allegedly cheating around 300 customers.

The scam involved pre-launch offers for flats in a gated community at Shamirpet. The company collected substantial deposits from the customers totaling Rs 80 crore. However, they neither completed the project nor returned the money to the depositors.

Source.

Hyderabad Man Detained in Flat Fraud

Hyderabad man arrested for allegedly cheating hundreds on promise of flats

C Venkata Subrahmanyam, director of M S Bhuvanteza Infra Projects Private Limited, was arrested by Hyderabad police on Monday for allegedly cheating nearly 400 people by promising to sell them flats in his projects. He is accused of collecting a total of Rs. 2.29 crores from them.

According to the police, Subrahmanyam collected the money on the pretext of selling flats in his projects, but failed to deliver on his promises. The Economic Offences Wing Team – IV of Hyderabad Detective Department registered a case against him based on a complaint and arrested him.

This is a serious case of fraud, and it is important to be aware of the risks involved when investing in real estate. It is always advisable to do your due diligence before handing over any money, and to make sure that you are dealing with a reputable developer.

If you have any concerns about a potential real estate investment, you can contact the Economic Offences Wing of the Hyderabad Police Department for more information.

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Hyderabad Police Nab Fake Insurance Duo

Hyderabad Cybercrime Busts Fake Insurance Scheme: Two Arrested for Scamming Policyholders with Bogus Company

Hyderabad: Two guys in Hyderabad got caught by the Cybercrime police for tricking people with a fake insurance company. The arrested guys, Bellary Pavan Kumar (27) and Soudri Basavaraj (27) made up a company called ‘Chola MS General Insurance Company Limited’ and even set up a call center.

These guys got hold of a database from Cholamandalam MS General Insurance Company and started reaching out to policyholders, telling them to renew their policies. The tricky part was that they gave bank account details to the victims and collected money from them.

The Additional CP (crimes) A V Ranganath explained, “The executives provided bank account details to the unsuspecting victims to pay the amount and collected the amount from them.”

After someone complained about this, the police took action and are now looking into the case.

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Telangana Group-I Recruitment: Notification By Feb 1st?

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Chandrababu Naidu Granted Bail in Skill Development Scam Case

Hyderabad, India – In a significant development, the Andhra Pradesh High Court on Monday granted bail to TDP chief and former Andhra Pradesh Chief Minister N. Chandrababu Naidu in the multi-crore skill development scam case. Naidu was on conditional medical bail for four weeks prior to this ruling.

Naidu’s arrest on September 9, 2023, stemmed from allegations of irregularities amounting to ₹3,300 crore in the Andhra Pradesh Skill Development Corporation (APSSDC) during his tenure as Chief Minister. The Andhra Pradesh Police’s Crime Investigation Department (CID) initiated a probe into the case in March 2023 following notices issued to former Indian Railway Traffic Service officer Arja Srikanth, who served as the APSSDC’s CEO in 2016. The investigation was based on statements provided by an accused-turned-approver and depositions made by three IAS officers.

The High Court’s granting of bail to Naidu comes as a major relief to the TDP chief and his supporters. While the investigation into the scam continues, Naidu’s release from custody is expected to have a significant impact on the political landscape of Andhra Pradesh.

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Hanamkonda: Man duped of Rs 9 lakh in name of MBBS admissions

Hanamkonda, Telangana: A fraudster was arrested on Sunday for duping a victim of Rs 9 lakh in the name of MBBS admissions. The accused, identified as Chaganti Naga Sai Srinivas, a resident of Andhra Pradesh, was apprehended near the Forest Office in Hanamkonda.

The police said that the victim, Barigela Vijay Kumar, had approached Srinivas a year ago with the hope of getting his daughter admitted to an MBBS college. Srinivas promised to get her admitted through his dubious organization, Vaishnavi Educational Services, and took Rs 9 lakh from Kumar.

However, Srinivas did not deliver on his promise and Kumar eventually realized that he had been duped. He filed a complaint with the police, who launched an investigation and arrested Srinivas.

The police said that Srinivas is a habitual offender and has been involved in several similar cases in the past. He has been booked under the relevant sections of the Indian Penal Code and the Telangana State Education Act.

The police have appealed to the public to be wary of such fraudsters and to only deal with reputed organizations when it comes to admissions to educational institutions.

The case is a reminder of the need for caution when dealing with education agents. Parents and students should always check the credentials of the agent and the organization they represent before handing over any money. They should also be wary of any agents who promise guaranteed admissions.

The police have also urged the public to report any such fraudsters to the police immediately.