Emu farm scam: 3 get 10 yrs in jail for cheating investors | Coimbatore News
Picture used for representational purpose only COIMBATORE: A special court for trial of cases under the Tamil Nadu Protection of Interests of Depositors (In Financial Establishments) Act, 1997, on Monday sentenced three people, including a woman, to 10 years of imprisonment for cheating 374 investors of Rs 5.62 crore through an emu farm scam. The convicts were identified as R Raja, his wife R Sasikala and their relative C Ranjith Kumar, residents of Salem district. They had started Abi Emu Farms and Abi Emu and Agro Farms India Private Limited in Salem in May 2012. The firms offered two inv...
Source: indiatimes.com