Hyderabad couple disappear after telling daughters they were flying to Switzerland; police probe alleged ₹50-crore chit fund scam
A Hyderabad couple has gone missing after telling their daughters they were traveling to Switzerland, sparking a police investigation. Authorities are probing potential links to a 50-crore chit fund scam.
Why it matters
The case highlights the prevalence of financial fraud schemes and the social impact on families when perpetrators flee.
A Hyderabad couple who told their daughters they were leaving for a holiday in Switzerland has mysteriously disappeared, with police saying there is still no evidence to confirm whether they ever boarded a flight or even left the country.
The couple, identified as P. Chandrashekar (51), a businessman, and his wife P. Swapna, residents of Cherlapally in Malkajgiri, were reported missing after their daughters lost all contact with them following their alleged departure on June 22.
According to the complaint lodged with the Cherlapally police, the couple informed their two daughters, aged 23 and 21, that they were travelling to Switzerland for a vacation. The elder daughter, who works as a software employee, stated that while she was at work on June 22, her mother called to inform her about their travel plans. After she returned home later that day, her parents left for the airport.
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