Vijayawada: Three cases have been filed against Alwin Golden City Limited at Machavaram police station so far.
The police are now in the process of collecting details of depositors across the state. The company has two branches in Andhra Pradesh — in Vijayawada and Repalle in Guntur.
The police have booked cases under the Deposits Act and cheating sections of IPC, but the probe is yet to start as no one is available at the Vijayawada branch. The company had sacked all of its staff members a month ago.
Only one assistant manager, G. Anil Kumar, was available for the police and they wre trying to get the details from him. The Vijayawada branch does not even have the details of customers, as everything was stored at central server in Chennai.
The police have so far identified that around 500 agents worked for the company and more than 3,000 depositors were affected. A majority of depositors are from Vijayawada and some of them were from Rajamundry, Suryapet, Khammam and Guntur district.
The case is most likely to be transferred to the Crime Investigation Department. According to sources, the police have already written to the CID regarding the case and requested them to take over the investigation, as it is an interstate issue and a financial fraud. The police are also planning to send a team to Tirunelveli for further investigation.
