Stock Market Investment .. 20 crore rolled graduate

by time news
Police have arrested an MBA graduate, a stock market broker, in a Rs 20 crore fraud case in Karaikudi, Sivagangai district.

Soma Ganesan (35) hails from DD Nagar, Karaikudi. An MBA graduate in engineering, he started a company called Cape Stokes and was a stockbroker. In this situation, relatives and educated friends complained that 61 people had been defrauded of Rs.

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Following this, Somaganesan disappeared. Meanwhile, Karaikudi North police have filed a case against Saravanan, a resident of Karaikudi, for allegedly defrauding Soma Ganesan of the money he had bought from him.

In this situation Somaganesan’s wife Valliyamai filed an appeal in the Madurai branch of the High Court claiming that she could not find her husband. Following this, Somaganesan appeared in court yesterday. After leaving the court, Somaganesan was arrested by the Karaikudi North police in a fraud case, brought to Karaikudi, produced in court and remanded in custody.

Correspondent: Muthuramalingam (Karaikudi)

Published by:Ramprasath H.

First published:

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