Five arrested for ‘duping’ people by operating money circulation scheme in Vijayawada
The Hindu
Accused launched Sankalp Mart and Sankalp Siddi scheme in just two years and duped many depositors, says Police Commissioner
The Cyber Crime Police of NTR District Police Commissionerate have arrested five organisers of Sankalp Siddhi Ecart India Pvt. Ltd, who allegedly duped many customers on the pretext of money circulation scheme.
Cases have been registered against the accused Under Section. 420,120 (B) IPC, Section. 4 & 5 of Prize Chits and Money Circulation Schemes (Banning) Act 1978 and Section. 4 & 5 of Andhra Pradesh Protection of Depositors of Financial Establishment Act 1999, Section. 66 of Information Technology (IT) Act, said Police Commissioner Kanthi Rana Tata.
Disclosing this to the newsmen here on Monday, the Police Commissioner said the arrested include Gutta Venu Gopal alias Venu, of Gandhinagar, Vijayawada, G. Kishore, native of Ballari, Karnataka (cousin of Venu), G. Lakshmi of Vijayawada, Syed Zakir Hussain of Guntur district and M. Venkata Nagalakshmi, a native of Nidamanur, NTR District.
The accused had launched Sankalp Mart in October 2021, and then opened Sankalp Siddhi Ecart India Pvt. Ltd, a few months ago. Venugopal and his partners collected money in the name of gold scheme, raising red sander saplings, land scheme, money circulation and supermarket schemes, the Police Commissioner said.
The organisers obtained permission from Registrar of Companies for running online trading, but has violated the norms and were doing illegal trades, said Deputy Commissioner of Police (DCP) Vishal Gunni.
“We have seized gold ornaments, weighing about 728 grams, 9.5 kgs of silver jewelry, ₹51.60 lakh cash, laptop, some documents and mobile phones from their possession,” the DCP said.
Odisha Governor designate credits Atal Bihari Vajpayee for Kargil war success, golden quadrilateral, tribal ministry, and more.
Four years after the Union government launched the Svamitva scheme to digitise property records in rural areas, Prime Minister Narendra Modi will distribute 58 lakh property cards providing ‘Record of Rights’ to owners in over 50,000 villages across 12 States on Friday at a virtual event
M. Suhaib, Additional District Judge, Kozhikode, suspended for alleged misconduct towards female court employee in official chamber.
Foundation laid for new auditorium at Sivakasi Government Arts and Science College with financial support from local businesses.
Telangana to introduce new clean energy policy to meet rising energy demands sustainably, aiming for 20,000 MW renewable capacity by 2030.
The girl, who was admitted to Aster CMI Hospital with alarming breathlessness and significant pallor, was diagnosed with Wegener’s Granulomatosis (now known as Granulomatosis with Polyangiitis or GPA), a rare autoimmune condition that causes spontaneous bleeding in the lungs, leading to acute respiratory failure.
Puzhal prison officials investigate fire accident that destroyed old files and cardboard boxes, possibly caused by prisoners.
ACB files case against IPS officer N. Sanjay in Andhra Pradesh. The official is accused of manipulating the tender processes for awarding contract for development and maintenance of AGNI-NOC portal, and conducting awareness meetings for SC/STs. It is alleged that the total value of properties stolen, or involved in the case is estimated at ₹1,75,86,600.
The holiday season spanning from Christmas to New Year has seen a surge in tourists visiting Mysuru with the hospitality sector announcing 100 per cent occupancy for the entire duration.
BJP leader and former MP, Prathap Simha, has backed the Mysuru City Corporation’s (MCC) proposal to name a stretch of KRS road in the city after Chief Minister Siddaramaiah.
Tourists flock to Visakhapatnam and Alluri Sitharama Raju districts for holidays, leading to full occupancy in hotels and attractions.