Two arrested in cybercrime, forgery case
Allegations have emerged that the company collects crores of rupees monthly without issuing proper receipts, raising concerns about nationwide GST evasion. A recent GST raid on Shri Sai Pawan Agency in Visakhapatnam further intensified suspicions.
Police investigations revealed that Gutti Praveen Kumar, an employee of MFCWL, was the mastermind behind the forgery scheme.
Others named as co-accused include Chelli Raju, Jayaprakash Reddy, Vishwanath Reddy, Sangeetha Kannan, and Mohammed Aminuddin. They created fake email IDs, stamps, and logos on behalf of Ravindra Reddy, committing fraud amounting to Rs 1 crore.
FIRs have been filed, and the public is calling for the swift arrest of the remaining suspects and a thorough investigation into the nationwide operations of MFCWL.
Authorities are extensively investigating the case to identify other culprits involved in this large-scale financial fraud network.
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Economic Times
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