Medchal Spouse Husband Escapes After Amassing Crores With Magnificence Parlor Franchise In Hyderabad

Magnificence Parlor Franchise in Hyderabad: A fraud dedicated by a husband and spouse and their relative in Medchal district has come to mild of late. The Kiladi couple have gone lacking after amassing Rs 3 crores collectively underneath the title of “Rose Gold Magnificence Parlour”. His spouse and sister additionally helped him. Police have recognized the accused as spouse Samina, husband Ismail and the opposite Jessica. There are allegations in opposition to them that they’ve cheated crores of rupees within the title of chit fund. It’s identified that lots of of victims fell prey to their fraud in Medak, Sangareddy, Siddipet and Kamareddy districts.

It’s identified that they’ve collected Rs.3.2 lakh for every magnificence parlor franchise. The quantity collected was spent. The couple Samina and Ismail used to draw clients by believing that they might get a wage of Rs.35 thousand per 30 days in the event that they took the franchise. The victims who believed of their tips and bought Mangala Sutras, took loans and took franchises got wage for 2 to a few months after which the accused stated that they might be forgiven tomorrow. Once they referred to as for salaries, the telephones have been switched off.

Suspicious, the victims went to the Pragati Nagar head workplace in Hyderabad, but it surely was locked. The victims understand that they’ve been cheated. Locals stated that the Pragatinagar department has been closed since six months. The accused filed a grievance on the Bachupally police station. Police have registered a case and are investigating.