Financial fraudsters have increased in Palamaneru, 20 kilometers away from the states of Tamil Nadu and Karnataka. They are committing frauds in an innovative way. Many people have been financially devastated by their actions. Recently, QR codes were sent to traders asking them to pay the pending trade license fee. Due to the lack of police surveillance… and the lack of alertness of the public, such frauds are increasing.
A year and a half ago, Rajesh, an outsourcing employee at Palamaneru Municipality Mepma, got hundreds of people into chain link business through an app called ‘Dai App’. As he had initially said confidently, he did not receive a large amount of income, and the money paid by the people also disappeared. The police registered a case based on the complaint of the victims. Still, no justice has been done to the victims. Within a year, more than 10 people in Palamaneru borrowed lakhs of rupees and finally got IP.
Now, a businessman named Venkata Rao from Palamaneru took a large amount from the people in the name of tickets and loans. The amount to be repaid is over Rs. 13 crore. He filed an IP stating that he was unable to pay those loans after incurring huge losses in his business. More than 200 people were victims in this incident. They approached MLA Amaranatha Reddy for justice. Despite going around the police station several times, there was no result. The fact that the organizers do not pay the money to those who cast tickets is not only in Palamaneru town.. It has also become a norm in nearby villages. The victims are keeping quiet because they have nothing to do. There are incidents where the organizers also lose money because some people who cast tickets do not pay the money properly. They recently called traders asking them to send the pending trade license amount to the QR code they were sending. They also sent a QR code asking them to clear the dues through UPI.
When such frauds come to light, the police are in a hurry. There is criticism that they do not pay attention to them after that. Otherwise, if we keep an eye on such people and take legal action, we can curb frauds to some extent.