After collecting crores from investors, Hyderabad couple go 'missing' in Switzerland
A Hyderabad couple has gone missing after allegedly collecting crores of rupees from investors for a chit fund scheme. Police are currently investigating the financial irregularities following a missing person report filed by the couple's daughter.
Why it matters
This highlights the risks associated with unregulated financial schemes and the potential for large-scale fraud in local communities.
HYDERABAD: The probe into a missing couple who allegedly left their home for Switzerland on June 22 has taken an intriguing turn with Cherlapally police discovering that the two collected several crores of rupees from multiple investors, to run a chit fund, before they left town.Cops are now looking into different angles to ascertain the facts of the case.The incident came light when a 23-year-old software professional lodged a complaint with the police on July 8 claiming that her parents, P Chandrasekhar (51) and Swapna (42) have been untraceable since they left home.
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