Monday, April 24, 2017
Chief Minister Nara Chandrababu Naidu distributed cheques worth Rs.27.31 crore to the victim of VR Chit funds, Visakhapatnam at Secretariat today on Monday.
Speaking on the occasion, the Chief Minister warned of serious action against those companies that dupe the people. The companies collect deposits promising high returns and offer attractive packages. The government would not tolerate collection of deposits promising high returns and attractive packages.
He said that large number of people suffered loss with AgriGold and some more companies and some of them even committed suicide. The government would act sternly on fraudsters and appealed to people not be carried away by the false promises of these bogus companies.