DGP Sylendra Babu 
Tamil Nadu

Iridium investment fraud on the rise in TN, DGP warns

According to him, the gang is indulging in fraud by saying that if public invest Rs 5 lakh, they will get a profit of up to Rs 3 crore in the next 2 years.

Online Desk

CHENNAI: DGP Sylendra Babu on Friday released a video saying a fraud gang is deceiving the public in the name of Iridium Investment.

According to him, the gang is indulging in fraud by saying that if public invest Rs 5 lakh, they will get a profit of up to Rs 3 crore in the next 2 years.

He also said that similar fraud cases have been registered in Salem and Kanniyakumari districts and Kerala police have sent a few complaints to their counterparts in Tamil Nadu.

He appealed to people not to believe in these kind of investments and safeguard hard earned money.

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