Telangana Hyderabad IT Company Caught in 3 Crores Scam

SIBY JEYYA
Recently, there have been more instances reported of IT and IT corporations manipulating the system and underpaying their staff. Here's an illustration of one. prem Prakash, a 44-year-old native of Kadapa, resides at Sanathnagar in Hyderabad. He established a business in the Kondapur Western Pearl building with his friend Likith. The business is known as Santu Su.

This organization has been operating a sophisticated fraud scheme for the last year, hiring workers by demanding Rs 1-1.5 lakh from each of them with the promise of providing software training before hiring them. The employed individuals then received two months' worth of pay from the firm. Later, when the employees weren't paid their paychecks, things got worse. prem and Likith tended to provide illogical answers when questioned.

The victims subsequently went to the police and reported their incident. After conducting an inquiry, the police learned from Likith and prem that they were operating a fraud scheme and had acquired Rs 3 crore as a result. They are being held in jail and are being charged with several offences.


Hyderabad is now experiencing a severe downpour, and over the past few hours, the situation has gotten progressively worse. Authorities have declared a red alert in the city due to the flooding and have urged residents to stay inside.




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