Rs.2,438 cr TN ponzi scam: Probe reveals producer R K Suresh is linked to scam

Another actor Russo who was already arrested in the case took Suresh's name

April 1, 2023

Tamil director-turned-producer R K Suresh linked to Aarudhra Gold Trading scam

The Tamil Nadu Economic Offences Wing (EOW) in its probe into the accused in the Aarudhra Gold Trading scam, has learned that director-turned-producer R K Suresh is linked to the ponzi scheme case. Actor Russo, who was arrested in connection with the case, revealed the involvement of Suresh.

During the investigation and analysis of the CCTV footage, police found the actor, and producer reaching the Arudhra corporate office in Chennai. Sources in the police told IANS that the probe regarding Suresh’s link in the case is on.

Aarudhra Gold Trading Pvt Ltd has cheated the public into Rs.2,438 crore. There are several cases against Arudhra for collecting funds from more than 1 lakh investors in the period between September 2020 to May 2022. Many ordinary people including those from the lowest strata of society had deposited their savings in the Aarudhra company as they were promised high-interest rates. The fly-by-night operator walked out of the commitment thus leaving lakhs of these investors in the lurch.

Criminal cases were filed across Tamil Nadu against the owners of the company.

Three directors of the now-defunct company are in judicial custody. Arrests have been made in this case and the probe is being undertaken swiftly.

[With Inputs from IANS]

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