Tiruppur man gets 10 years imprisonment 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 Friday awarded 10 years imprisonment to a man from Tiruppur
The Special Court for the trial of cases registered under the Tamil Nadu Protection of Interests of Depositors (TNPID) Act in Coimbatore on Friday awarded 10 years imprisonment to a man from Tiruppur who ran an emu farm and cheated depositors of over ₹ 62 lakh. Special Public Prosecutor S. Manickaraj, who appeared on behalf of the State government, said that A.G. Kumar (46) was the proprietor of Sri Kuberan Emu Farms at Rayapuram in Tiruppur city from October 2011 to March 2013. During this period, he advertised two schemes with monetary incentives to lure investors, following which 41 depositors paid ₹ 62.51 lakh in these schemes.More Related News
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