Categorized | International

A Fraud of 100 Crore with the People of Kerala

A Fraud of 100 Crore with the People of Kerala
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One of the biggest real estate fraud that was happened to the non-residents of Kerala, India is about the fraud of 100 crore rupees and they are now looking for the help of chief Minister of Kerala Mr. Oommen Chandy to bring them out from this situation. The fraud is about a company which is known as “Apple-A-Day” Kochi-based company which collected almost 100 crore rupees from different people and also showing the 125 Indian expatriates of Middle East.

According to the company they had attractive flats, bungalows and villas at the most busiest place of the city where no one can imagine to invest. For this, they took the help of clever fraud companies and gathered money from innocent citizens and when they failed to complete their recent 11 projects, people claimed them as a fraud.

According to a victim Abdul Hameed, it is almost everyone’s biggest wish to get a dream property where he/she can avail all facilities of life and for this he invested 45 lakh rupees just like others but even after 5 years he got nothing from that company.

Soon after this news revealed on a local TV channel the famous film and drama directors went underground and up till now more than 160 FIRs have been registered by different claimers against that fraud. According to the latest update, the cheaters have also withdrawn the whole money from their bank accounts so that no body can reach them easily. For this, the court of India has passed a look out notice as well.

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About Nancy Raven

Nancy is the main writer for the International section of the website. Sometimes she also helps Drew out on the Finance/Mortgage section as well.

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