One more held in money racket

May 04, 2012 |

Hyderabad

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One more person was arrested in connection with money circulation schemes involving several organisations across the state. CID officers on Thursday raided the flat of the accused at Vijayawada and arrested one Gonugunta Prasad, who is the chairman of an organisation, named “Bharat Prem Sadan.”

The CID seized Rs 2.1 crore in cash, 70 grams gold and two Tata Safari vehicles. The Bharat Prem Sadan organisation is registered in Tamil Nadu, and operates in AP, Karnataka and TN. There are four criminal cases against this organisation. According to CID officials the organisation collected huge amounts promising to double investments.

Organisations like HIM Trust, Bharat Prem Sadan, Youth and Strength Christian Welfare Association, Youth Alive Society, Trogopan Formers Society, New Vision Foundation, Little Lamb Baptist Church Mission Trust, Jesus Preaches Association, Trinity Grace Ministry, Maranatha, Help to Poor International Trust, Centre for Women Solidarity, RMP Infotech and Online Survey World Organisation are involved in the scheme.

Man beaten to death by in-laws in Shivajinagar
In a shocking incident, a 28-year old man was beaten to death by his in-laws in Shivajinagar. The deceased has been identified as K. Ramesh, son of K. Narayana, resident of Rajannabowli, Shivajinagar. According to Chatrinaka police inspector N. Shyam Prasad Rao, Ramesh was attacked by his brothers-in-law, Prasad, Naresh and Sateesh, along with his father-in-law Ramesh, alias Sunkanna and mother-in-law Radha. The attack followed a family dispute.

According to his in-laws, Ramesh used to harass his wife Swathi and in-laws ever since he married her four years back. The fact that Swathi was pregnant made no deterrence to him and that seemed to be the main reason for the attack. Ramesh received severe head injuries and was rushed to Osmania General Hospital by neighbours. He succumbed to his injuries during treatment on Thursday. The police have registered a case of murder against Ramesh’s in-laws. No arrests have been made so far. “We were busy with the investigations and post mortem. We will make the arrests tomorrow,” the police official said.

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