A Tollywood film producer, Shaik Basheed, and two bank employees, K Ramaswamy and Sapai Rajesh, were arrested for a financial fraud of Rs. 40 crores in Hyderabad. They illegally debited money from the bank and diverted it to different accounts. Basheed used part of the money to buy luxury cars.
This post was last modified on 31 July 2024 9:41 am
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