Complaint against DMK councilor for fraud of Rs 4 lakh Dinamalar

by time news

Velwar: Krupakaran, 35, a cloth merchant, belongs to Sathuvachari Kagipattarai, Velwar district. He has said in the complaint filed yesterday at the Vellar District SP office: Satishkumar, 30, a member of Vellar Corporation, 27th Ward DMK, Councilor Sathuvachari, is running a fund called Stock Kings, which gives high profits if he invests in the stock market. came
I invested 4 lakh rupees with him on 8th February last year. From March to June, he paid monthly interest at the rate of 8 thousand per one lakh rupees and 32 thousand rupees per 4 lakh rupees. It has not paid interest since July, citing the collapse of the stock market.
If you ask for the original money, he threatens to kill you. He has asked to take action against him and recover the money. When Sattuvachari police went to question Councilor Satish Kumar, he was found to be absconding. The police are looking for him.

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