Erode businessman gets 10 years jail, ₹ 2.40 crore fine in emu scam
The Hindu
The Special court for the trial of cases registered under the Tamil Nadu Protection of Interests of Depositors (TNPID) Act in Coimbatore on Wednesday sentenced the proprietor of an emu farm to undergo
The Special court for the trial of cases registered under the Tamil Nadu Protection of Interests of Depositors (TNPID) Act in Coimbatore on Wednesday sentenced the proprietor of an emu farm to undergo 10 years of imprisonment for duping customers of ₹ 2.39 crore.
Special Judge A.S. Ravi awarded the punishment to M.S. Guru alias Gurusamy (40), managing director of Susi Emu Farms India Private Limited based at Perundurai in Erode district.
Gurusamy started the firm in 2010 with its office on Raja Street, Perundurai, and introduced two schemes to customers.
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