Investigation Intensifies in ‘Neo-Max’ Scam as Separate DSP Appointed
Virudhunagar: In the ongoing investigation into the ‘Neo-Max’ scam, a separate Deputy Superintendent of Police (DSP) has been appointed to intensify the efforts. The special police force is currently searching for the brother of the main police officer involved in the case, as well as the absconders linked to the scandal.
The real estate company ‘Neo-Max’ operated its headquarters in Virudhunagar district. The company enticed investors from various districts by offering additional interest and doubling the amount paid. However, numerous complaints were raised alleging that several crores of rupees were embezzled. Following the victims’ complaints, the Madurai Economic Crime Police registered a case against the directors of ‘Neo-Max’ and its subsidiary companies.
Currently, nine individuals have been arrested, including Devakotta Simon Raja, Madurai Kapil, Thoothukudi Ishakhimuthu, Sakayaraj, and Madurai Bypass Road LIC officer Padma Naban. Also arrested were Virudhunagar District Meenakshipuram Marichami, Sivagangai District Kumarapati Malaichami, who acted as directors in this case. However, Simon Raja, Kapil, and Padmanabhan have been granted bail.
While the victims of ‘Neo-Max’ were initially reluctant to file a complaint, they recently organized a complaint mela in Madurai and Virudhunagar to collect grievances. However, the police have revealed that the agents collecting money are preventing victims from filing complaints.
To ensure a thorough investigation, a separate DSP named Manisha, along with a team of sub-inspectors and SIs, has been assigned to the case. The previous investigation was led by Madurai Economic Crimes Division DSP Kuppusamy and Inspector Kamarnisa.
“The main individuals involved in this case, such as Kamalakkannan, Balasubramanian, and Veerashakti, are still absconding. We are utilizing special forces to locate them. Shockingly, the brother of a high-ranking police officer is also implicated in the corruption surrounding the company,” said a police spokesperson.
It has further emerged that the name of the police officer’s brother appears on the list of blocked bank accounts linked to the individuals involved in the scam. Authorities are taking steps to confiscate the company’s assets in order to provide relief to the victims. The police urge all victims to come forward and cooperate without hesitation.