Cyberabad: Con woman arrested for cheating man of Rs 3.06 crore
The accused was identified as Panuganti Indira Devi Reddy, a resident of Nallagandla, Serilingampally, Hyderabad
By Newsmeter Network Published on 17 July 2024 9:43 AM GMT
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Hyderabad: The Economic Offences Wing (EOW) police of Cyberabad arrested a woman who was involved in a cheating, Criminal Breach of Trust, and collected money from a person to the tune of Rs 3.06 crore in the name of financial assistance and high returns.
The accused was identified as Panuganti Indira Devi Reddy, a resident of Nallagandla, Serilingampally, Hyderabad. A case has been registered under Crime No 21/2024 U/s 406,419, 420, 120 (B) IPC of police station, EOW, Cyberabad.
The police also seized two cars and an i-phone from the accused. The accused was previously involved in a similar offence in Madhapur police station, wherein she took one crore rupees from the complainant of the case with the same modus operandi.
Case details
EOW Cyberabad Deputy Commissioner of Police (DCP) K Prasad said that the accused introduced herself as an NRI, currently running a beauty parlour and a food industry under the name of Devi Foods in Nagole. She claimed fake ownership of several properties in gated community apartments in Madhapur, Gachibowli and Narsingi and one individual apartment in Nagole, he said.
The DCP said that the accused took an amount of Rs 3.06 crore from the complainant identified as S. Satyanarayana, a resident of Madinaguda, Hyderabad. On pretext of financial assistance and high returns. The accused also took the complainant's two cars and mortgaged them with someone.
Indira Devi introduced her two friends as police officers and bought two i- phones and one one plus mobile with Satyanarayanaās money. When he found out about the accused, he asked her to return his money and vehicles, but she did not respond, threatened and blackmailed him that she would implicate him in false cases, Prasad said.
Advisory to the public:
The Cyberabad EOW Police hereby advised the public to be aware of fraudsters and not to give money to anybody without knowing them properly in the name of high returns. The department is committed to prosecuting fraudsters and cheaters and ensuring justice for victims.
