Representative image 
Tamil Nadu

Rs 226 crore frozen by Economic Offences Wing in TN

These companies defrauded the public by getting deposits in unregulated schemes in MLM scam and promising double the amount.

DTNEXT Bureau

CHENNAI: Economics Offences Wing (EOW) of Tamil Nadu police have so far frozen bank accounts with money worth more than Rs 226 crore of financial firms who have cheated investors across the State to the tune of several thousand crores. Efforts are on to seize physical properties worth over Rs 300 crores, police said.

The top brass of the police headed by DGP Sylendra Babu had earlier reviewed the status of investigations on the scams orchestrated by Aarudhra Gold Trading Company, LNS International Financial Services, Hijau Associates and Elfin financial firm. Police have also sought Interpol’s help and issued red corner notices to the suspects who escaped to Singapore and Dubai.

These companies defrauded the public by getting deposits in unregulated schemes in MLM scam and promising double the amount.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

TNPSC Official cites hall ticket glitch, assures ample notice for re-exam

PM Modi takes Tamil to global stage only to get mudslinging from CM Stalin, alleges Nainar Nagenthran

Udhayanidhi Stalin inaugurates marriage hall, bus termini in North Chennai

Tamil Nadu gets nod to procure 1,500 MW power for long-run demand

UK leader's chief of staff quits over appointment of Mandelson as ambassador despite Epstein ties