Doctor on bail in digital arrest case arrested again over Ponzi scheme worth crores of rupees

An Ayurveda doctor, Kitcha Veerbhadra Rao, was arrested in Hyderabad for allegedly cheating 270 investors of ₹30 crore in a Ponzi scheme. Rao was arrested and released on bail last year over a ₹5.85-crore digital arrest case. Under the Ponzi scheme, Rao promised monthly returns of 10-16% and placed a fake SEBI certificate in his office to mislead investors.