Hyderabad Couple Goes Missing In Switzerland. They Took Crores From Investors
A Hyderabad couple has gone missing while on vacation in Switzerland amid allegations that they defrauded investors of approximately Rs 50 crore. Police are investigating whether the disappearance is a voluntary flight to avoid financial accountability.
Why it matters
This case highlights the challenges of tracking financial fugitives who use international travel to evade domestic legal consequences.
A businessman and his wife from Hyderabad, who went for a holiday in Switzerland nearly three weeks ago, have been reported to be missing, with the police probing allegations that the pair may have fled the country after collecting large sums of money from investors.The missing couple, Pabba Chandrasekhar (51) - a businessman, and his wife, Swapna (42) - a homemaker, had left for their Switzerland holiday on June 22, their daughter, Shreya, said. They initially remained in touch with relatives, but stopped communicating after July 8.
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