Bommarillu Farms director arrested
Vijayawada: Crime Investigation Department (CID) officials on Saturday arrested Allamsetty Raja Rao, one of the directors of Bommarillu Farms and Villas Private Limited, in Machilipatnam in connection with the cheating cases.
Mangalagiri CID officials went to Machilipatnam and nabbed the accused in cheating cases and sent to judicial remand in Mangalagiri.
The accused Raja Rao is one of the key persons of the company, which ran real estate business and chitfund business. Some chit fund customers lodged a complaint with Chilakalapudi police for non-repayment of maturity amount related to chitfund in 2014. Machilipatnam police registered a case and it was later transferred to CID.
Cheating cases were registered against Raja Rao in some parts of Andhra and Telangana. Police, who were on hunt for Raja Rao, nabbed him in Machilipatnam.