Gold Scam in Vijayawada

Vijayawada, September 20: A huge scam erupted in Vijayawada, after SBI employee Krishna Chaithanya, who deposited customers money in the famous company Manippuram from the loans of Bank account customers.The information was passed by the other employee of the bank officials to the CID officials. Then the officials raided the manipurram gold loans in Maachavaram.



From this aspect, the huge scam was emerged by the Krishna Chaitanya. The CID officials clarified that he had lent worth 3 crore property into the manipurram gold loans. Police took SBI staff Krishna Chaitanya and Manappuram staff into custody and are questioning them for further details.