Hyderabad:Approximately 600 persons have reportedly lost Rs 150 crore that they had invested with RJ Ventures, which promised lucrative real estate investments in the name of apartments in Narayankhed, Ghatkesar and Patancheru. The victims initially approached Hyderabad CCS where they were directed to Cyberabad police citing jurisdiction issues. According to the complainants, RJ Ventures managing director Bhaskar Gupta and director …
A man has been arrested for defrauding two investors to the tune of ₹1.7 crore in a real estate scam. The accused, Udandapuram Narsimlu, introduced himself as an employee at the Shivampet Tahsildar office and assured the investors that he was in line for a promotion. He also assured them that he will provide the land to construct a temple. …
