Live
- PKL Season 11: Bengaluru Bulls looking to shore up defence for the clash against Puneri Paltan
- LinkedIn fined $335 million for privacy violations related to its tracking ads biz
- Akali Dal’s decision not to fight bypoll exposes political bankruptcy: AAP
- Money laundering is a Big Threat to Indian Online Gaming and Digital Economy: Digital India Foundation
- Data-Driven Debt Recovery: Leveraging Pega for Enhanced Efficiency
- Next-Gen Telecom: AI Algorithms Boost Efficiency in User Support Ecosystems
- Swapna Nadakuditi’s Journey in Data Analytics and Interoperability
- Cyclone Dana: Over 83,000 people in Bengal shifted to temporary relief camps, says Mamata Banerjee
- CM Revanth Reddy Reassures Government Employees, Promises Resolution of Pending Issues
- A day of show of strength in Jharkhand as over 100 candidates including CM Hemant Soren file nomination
Real Estate Scam in Hyderabad: Square and Yards Firm Involved in Major Fraud
Another real estate scam has surfaced in the city, with Square and Yards, a real estate company, at the center of a large-scale fraud.
Hyderabad: Another real estate scam has surfaced in the city, with Square and Yards, a real estate company, at the center of a large-scale fraud. The Cyberabad police have registered a case against the company’s management for defrauding customers under the guise of farmhouse villa investments.
The company’s owner, Baira Chandrasekhar, along with four others, was arrested for collecting a staggering Rs. 24 crores from unsuspecting investors, promising them double returns. Chandrasekhar lured investors by offering villas and farmhouses on the outskirts of Hyderabad, falsely promising high returns on their investments.
The scam came to light when several victims reported the fraud after receiving no returns or properties. Police have begun an investigation into the extent of the fraud and the involvement of additional parties. Further action will be taken as the case progresses.
