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AgriGold VP Avva Sitarama Rao arrested over ₹6,380-cr scam
short by Manaya Bagga / on Thursday, 24 May, 2018
Andhra Pradesh's Crime Investigation Department has arrested AgriGold Vice President Avva Sitarama Rao, a key accused in the ₹6,380-crore scam. Sitarama Rao is the brother of company's Chairman Avva Venkatarama Rao and had been absconding since 2014. The company had lured over 32 lakh customers in 9 states, including Andhra Pradesh and Telangana, by promising higher returns on their investments.
read more at The News Minute