ED Files Prosecution Complaint Against Sun Pariwar in ₹158 Crore Fraud Case
23 Dec 2025 3:56 PM IST23 Dec 2025 3:56 PM IST
The complaint stems from multiple FIRs registered by Telangana Police against Sun Pariwar
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Hyderabad: The Enforcement Directorate’s (ED) Hyderabad Zonal Office has filed a prosecution complaint under the Prevention of Money Laundering Act (PMLA), 2002, against M/s Sun Pariwar Vupadi Management Pvt. Ltd. The Special PMLA Court of the Metropolitan Sessions Judge, Rangareddy, took cognisance of the complaint on December 10, 2025.
The complaint stems from multiple FIRs registered by Telangana Police against Sun Pariwar, its promoter Methuku Ravinder, and his associates for cheating thousands of small investors by promising high returns on deposits in Sun Pariwar Group firms and the Sun Mutually Aided Thrift and Credit Co-operative Society. Ravinder and associates allegedly collected ₹158 crore from over 10,000 people, classified as proceeds of crime under PMLA.
Ravinder set up companies under Sun Pariwar, including Methuku Chit Fund Pvt. Ltd., Methuku Ventures Ltd., Metsun Nidhi Ltd., Methuku Herbal Ltd., and Methuku Medical and Herbal Foundation, offering up to 100% annual returns.
Funds were diverted to buy movable and immovable assets in Ravinder's and aides' names.
Ravinder later created entities like Pudami Agro Farm Lands, Pudami Infra Projects (India) Ltd., and Divine Infra Developers in associates' names to run new Ponzi schemes and divert funds to properties.
The ED previously attached assets worth ₹25.20 crore belonging to Ravinder, family, and associates. Further investigation continues to trace the money trail and identify more assets.
( Source : Deccan Chronicle )
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