Cheating case against Chennai-based Tirupura Chits Private Limited
Rs 9 cr of 200 members of district swindled?
Mangaluru, July 1: A cheating case filed against Chennai-based Tirupur Chits Private Limited that the company has swindled the money of Rs 9 crore collected from over 200 customers of the district came to light now. A customer Arafat from Mangaluru lodged a complaint at Economic and Narcotics Crime Police station against the company. Amidst this, a number of customers who suffered from this issue, held a meeting in the city on Sunday and discussed it.
The company which was started a few years ago had collected money from the customers from the district including the city. In the beginning, the company returned the money on time. Later, they included the customers for more funds schemes and collected the amount on regular intervals before disappearing suddenly, the customers alleged.
Now, the branch office of the company situated at a building at Bunts Hostel Circle was also locked. So, the customers who lost their money are worrying. In spite of several instances of duping the customers by such companies, the people from Dakshina Kannada, known as the district of the intelligent, are being duped from such companies and this has become a challenge for the police department too.
The company had more than 150 branches across the country including 34 in the state and in Mangaluru, it has collected more than Rs 9 crore from 200 customers and it is said that the money collected from the customers across the country would cross more than 20 times of this amount.
Arafat, in his complaint, had mentioned company managing director PV Krishna Prasad, directors Sumana, Vasu K, Narayana Potti Balakrishna, Jayaprakash Basavaraj Uppin, Kurumbaiah Mandepanda Ganapathy, ME Venu, employees Raimo D’Silva, Shaji V, Devaraj MS, Jayaram M and Suraj K as accused in the case.
Arafat said that for the Rs 50 lakh fund, he had paid Rs 32,38,450 for 20 months and including its dividend, he should have got Rs 40,00,000. But it was inevitable to lodge the complaint as there was no sign of returning the amount by the company, he said.
Earlier, they were investing in Gokulam Chits Fund. Later, started investing in Tirupur Chits Fund. In the beginning, they joined for Rs 5 lakh fund and got the amount with dividend within two years. In the same confidence, they have invested for Rs 50 lakh chit fund. But they suspected the downfall of the company and stopped investment in last October. They had been to Chennai and the head office was also locked. They came to know that the MD and director (husband and wife) and seven other directors were also booked in the same case. The couple was arrested by the police, he said.
It is said that the company director Sumana who cheated lakhs of people across the country was hailed from Mangaluru. Now, other customers have also planned to lodge complaint against the company.
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India beat SA by 135 runs in 4th T20I, clinch series 3-1
Johannesburg, Nov 15: India beat South Africa by 135 runs in the fourth and final T20 International to clinch series 3-1 here on Friday.
Opting to bat, India posted a massive 283 for 1, thanks to unbeaten centuries from Tilak Varma (120 not out off 47 balls) and Sanju Samson (109 not out off 56 balls), and then bowled South Africa out for 148 in 18.2 overs.
Tristan Stubbs top-scored for South Africa with 46 while David Miller contributed 36.
For India, pacer Arshdeep Singh was the most successful bowler with figures of 3/20 while Varun Chakravarthy (2/42) and Axar Patel (2/6) got two wickets each.
Hardik Pandya, Ramandeep Singh and Ravi Bishnoi got a wicket each.
Brief Scores:
India: 283 for 1 in 20 overs (Sanju Samson 109 not out, Tilak Varma 120 not out; Lutho Sipamla 1/58).
South Africa: 148 all out in 18.2 overs (Tristan Stubbs 46, David Miller 36; Arshdeep Singh 3/20).
