Emu farm proprietor absconding for nine years, held
The Hindu
Nine years after the proprietor of a Chennimalai-based Emu farm went into hiding for cheating investors to the tune of ₹5.56 crore, a special police team arrested him here.Selvakumar (63) of Roja Naga
Nine years after the proprietor of a Chennimalai-based Emu farm went into hiding for cheating investors to the tune of ₹5.56 crore, a special police team arrested him here.
Selvakumar (63) of Roja Nagar in Chennimalai was running the farm luring investors of huge returns. He received ₹5,56,55,000 from 140 investors, but refused to return their money in 2013. As investors demanded their money, he went into hiding. Investors lodged a complaint with the Economic Offences Wing (EOW) and a case was registered. A search was on to nab Selvakumar, but he could not be traced. Later, an arrest warrant was also issued against him.
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