Investors: Family held for duping investors | Hyderabad News

Hyderabad: Over a week after a case was registered by Central Crime Station sleuths against the management of Sri Priyanka Enterprise for duping investors after collecting 200 crore, three persons were arrested on Thursday. Police said that M Nethaji, his wife N Vanibala and their son M Sriharsha collected investments from 532 persons promising to give them 24% interest. Nethaji’s wife Vanibala, a general manager with Telangana State Co-operative Apex Bank, also made many of her colleagues invest money in Nethaji’s company. It was found that 140 employees invested 26 crore. Sriharsha had joined their company as a director. All the three were arrested. tnn

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