Hyderabad: The six victims who died in the Swapnalok Complex fire had paid deposits amounting to Rs 22 lakh to QNet and its subsidiary, Vihaan Direct Selling Pvt Ltd — which was later found to be a fraudulent firm — for jobs. They were trapped by the CEO of Vihaan Direct Selling Pvt Ltd, Shiva Naga Malliah, and company manager …
The Enforcement Directorate has frozen 36 bank accounts holding more than Rs 90 crore after it raided various premises of a 'direct selling' company that is alleged to have duped numerous investors. The ED conducted searches at five locations in Mumbai, two locations in Chennai and two in Bangalore on Tuesday in connection with a money laundering case against Vihaan …
