Akshara Chit funds: Akshara Chit Fund, attaching property to Akshay Township

Akshara Chit funds: Karimnagar Police has come out of private finance chit fund companies, which have been deposited in the name of private chit funds and collected by cheating and cheating. In Karimnagar Rajiv Chowk, the government has issued orders to attach assets related to “Akshara Chit Funds Private Limited” and “Alphabet Town Private Limited”.

Telangana Financial Establishment Depositors Protection Act, 1999 (Act No. 19 of 1999) under Section 5 of 1999, Akshara Town Ships Private Limited ”

After examining the details of the cases, Karimnagar district, who illegally earned to do justice with the victims by the deposits paying the “Akshara Township Private Limited”, 50 acres of land in Vedira village of Vedira, and Rs 2 crore Rs 70 in the village of Velichla village, lakh 66 thousand 66 thousand rupees, the government has issued a total of 24,606 square yards in valuable survey number 129/A and 130/A, with Rs 14 crore 27 lakh 27 lakh 66 thousand. The property of is attached. 689.

Arrest of representatives of the company in the past….

Native of Hanmakonda Perla Srinivasa Rao, Akshara Chit Fund and Akshara Township Pvt. Parla Shri Vidya, A3. Pappala Rajendra. A5. Alavala Varaprasad, A6. In February last year, Ramesh was arrested and arrested.

Many employees and retired employees have been cheated at high interest. Along with the income collected from the deposit lane, he bought land at many places and also his property. Police found that the victims were not given money to the victims who wanted to pay back.

The police have filed a complaint with a large number of victims of affordable crime wing established by CP Abhishek Mohanty and have registered several cases against six representatives of alphabet organizations under various sections of the police.

Karimnagar Police Commissioner Abhishek Mohanty has asked the government to attach the property through DGP, CID and Hyderabad. On the request of CP, the government has issued a total of Rs 14 crore 27 lakh 66 thousand 689 assets.

(Reporting KV Reddy United Karimnagar District Correspondent Hindustan Times Telugu)