Chennai businessman cheats people of Rs 100 crore, held

The economics offences wing CID on Tuesday arrested Sivan Narendran, chairman of Rafoll Retails (OPC) Pvt. Ltd, for cheating more than 1,000 people of Rs 100 crore through deposit schemes offering attractive returns. A court later sent him to jail.

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Sep 23, 2021 - 10:50
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Chennai businessman cheats people of Rs 100 crore, held
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The economics offences wing CID on Tuesday arrested Sivan Narendran, chairman of Rafoll Retails (OPC) Pvt. Ltd, for cheating more than 1,000 people of Rs 100 crore through deposit schemes offering attractive returns. A court later sent him to jail.
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