The Hindu·3 min read·medium
Two women arrested for cheating investors of chit fund company in Sriviliputtur
T
The Hindu Bureau
✦AI Summary
Two women have been arrested in Srivilliputtur for allegedly cheating an investor of ₹7.5 lakh through a fraudulent chit fund scheme. The Economic Offences Wing has charged the suspects under various laws, including the Banning of Unregulated Deposit Schemes Act.
The Economic Offences Wing of Virudhunagar district has arrested two women of a family for allegedly cheating a weaver, A. Gurusamy, 52, of Srivilliputtur of ₹7.5 lakh through their chit fund business.
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