Six booked for ‘threatening’ man over ₹65 lakh investment dispute in Guntur
Guntur police have registered a case against six individuals following a complaint by a 73-year-old man regarding a disputed ₹65 lakh investment in a medical institute. The complainant alleges that his son was removed from his position and that the investment was falsely characterized as a loan.
Why it matters
This case highlights legal disputes involving corporate governance and investment fraud in the private healthcare sector.
Six people were booked by the Guntur police on charges of threatening a 73-year-old man and his family members with dire consequences, following a dispute over a ₹65 lakh investment in Amaravati American Institute of Medical Sciences Private Limited (AAIMS).
Acting on a complaint lodged by Patibandla Narayana Swamy of Vijayapuri Colony, a case was registered at Pattabhipuram police station on August 22.
According to police, Mr. Narayana Swamy and his wife invested ₹65 lakh in AAIMS on July 19, 2018, through bank cheques. He alleged that the investment was made based on representations that the promoters had established AAIMS along with the associated entity Nava Med Ventures LLC, with an assurance of making his son P. Mohan Rao as a partener.
The complainant said that his son Mr. Mohan Rao was subsequently appointed as a director of AAIMS in December 2020 and an authorised signatory in February 2026.
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