Thursday 20th, September 2018
canara news

Complaint filed against Chennai based chits company

Published On : 02 Jul 2018


Mangaluru: A complaint has beenregistered in the Economic and Narcotics Crime Police Station against Tirupur Chits Private Limited, a Chennai-based company, for allegedly cheating the public of Dakshina Kannada district to the tune of Rs 9 crore.

The company, which had collected money from the general public, used to function from their office in a building near Bunts Hostel Road. Arafat, a resident of city, has filed a complaint against this company. He has accused the manager, director and staff of this company as the fraudsters.

It is alleged that, in the beginning, the company returned the investments of the depositors in time in order to gain their faith. Then the customers started depositing huge amounts and the amount that needs to be returned to the customers reached Rs 9 crore. The personnel of the company escaped and the office of the company is locked since then.


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