Nation Crime 06 Nov 2021 Health official dupe ...

Health official dupes Allagadda investors of Rs 8 crore

DECCAN CHRONICLE. | DC CORRESPONDENT
Published Nov 6, 2021, 8:32 am IST
Updated Nov 6, 2021, 9:41 am IST
They pointed out that the fraudster had recently performed the marriage of his second daughter in a lavish manner
With regard to the depositors in the Atmakur branch of Vardhaman Multi-State Cooperative Society, who were duped, the police took eight months to nab the culprits. — Representational image/DC
 With regard to the depositors in the Atmakur branch of Vardhaman Multi-State Cooperative Society, who were duped, the police took eight months to nab the culprits. — Representational image/DC

KURNOOL: A health service employee duped Uyyalawada villagers to the tune of Rs 6 crore with offers of high interest rates. This incident comes days after Vardhaman Cooperative Society had cheated depositors of Atmakur of Rs 4 crore.

Police officials said that a complaint was received from a group of people, who had invested with the accused, Paladi Vijayasekhar, a resident of Allagadda and medical superintendent at Uyyalawada primary health care centre. The complainants alleged that around Rs 8 crore was collected from depositors by Vijayasekhar.

 

They pointed out that the fraudster had recently performed the marriage of his second daughter in a lavish manner after collecting money from investors.

Meanwhile, the Vijaysekhar couple was not seen in Allagadda after the marriage. Suspecting something fishy, the investors lodged a complaint with the Kurnool SP, who said "we have received an initial complaint. A preliminary inquiry will be done and action will be taken accordingly". 

Kurnool DMHO Rama Giddaiah said stringent action would be taken against the employee. 

 

With regard to the depositors in the Atmakur branch of Vardhaman Multi-State Cooperative Society, who were duped, the police took eight months to nab the culprits.

The complainant and branch manager of the Atmakur branch, Hemalatha told this correspondent how the gullible investors were taken for a ride by the directors of the society. She said about 130 depositors had invested the money between November and December 2020.

Trouble began when the depositors demanded receipts for their deposits. The branch was managed by Venkatesh and Lavan, who were deputed by the Vijayawada head office while Hemalatha was the branch manager. She said that she got the job after shelling out Rs 1.5 lakh. Many of her colleagues also had to deposit money to secure a job.

 

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