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Gold scams are progressively emerging in our nation, after the kerala gold Scam. The police and customs authorities are both quite concerned that this is happening someplace in our nation. Authorities are concentrating their efforts on the airport because a huge gold fraud is being perpetrated out of Hyderabad. Steps are being taken extremely seriously here in the light of claims that certain important officials were engaged in Kerala. Not missing a single passenger by focusing on everyone.

The inquiry into the city's big gold fraud has sped up. The whole onslaught is being taken out on sri krishna Jewelers, which is well-known in Hyderabad, based on the DRI 2019 case on money laundering accusations. The investigation is based on a DRI case from 2019 claiming gold import violations. DRI agents have been known to arrest sri krishna Jewelers MD pradeep Kumar and his son Sai Charan in the past. In the morning, ED learned of a major controversy at sri krishna Jewelers in the Gems & Jewelers Park.

Sri krishna Jewelers is accused of diverting 1100 kg of gold, in addition to buying gold illegally from overseas. It was also discovered that crores of rupees in taxes had been avoided. Exports of jewellery were also shown to be fake. The diamond turquoises in the jewellery are not properly accounted for, therefore all of sri krishna Jewelers' stores in the city are doing comprehensive searches. srikrishna Jewelers presently has 35 stores in India.


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