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States » SouthPosted at: Apr 16 2024 8:11PM


Hyderabad Police arrest MD and Director of M/s Sandstone Infra India Pvt Ltd for Fraud

Hyderabad, April 16 (UNI) The city police have apprehended the Managing Director and Director of M/s Sandstone Infra India Private Limited for defrauding the public of Rs 86,75,500.

Following a complaint, the Economic Offence Wing, CCS, DD, detained Malikireddy Chandra Sekhara Reddy (51), Managing Director, and his wife Ms Yeruva Srilaxmi (44), Director, of M/s Sandstone Infra India Private Limited, for making false promises regarding high returns on investments in "Spring City Phase-I" & "Spring City Phase-II" projects at Sultanpur Village, Ameenpur mandal, Sangareddy District, and collecting large sums from seven victims.
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