Techie held in Hyderabad for cheating in the name of gold investment ...Middle East

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Techie held in Hyderabad for cheating in the name of gold investment
Hyderabad: The Cyberabad police arrested a techie for defrauding people in the name of investment into gold to the tune of Rs 6.12 crore. The Economic Offences Wing (EOW) police station of Cyberabad busted the racket and arrested Ganta Sreedhar, a software employee hailing from Andhra Pradesh’s Tirupati district and residing in Hyderabad. The police booked the 40-year-old under Indian Penal Code (IPC) sections 406 and 420 IPC and Section 5 of the Telangana Protection of Depositors of Financial Establishments Act – 1999. According to police, the accused lured the victims with the offer of good returns on investment in gold. K. Prasad, Deputy Commissioner of Police, EOW, Cyberabad, said the a

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