calender_icon.png 31 January, 2025 | 8:14 AM

Another White-collar crime?

31-01-2025 12:05:51 AM

A techie cheated under qnet marketing business! 

Metro India News | hyderabad

Father of a software techie, S Ravi Kumar alleged that one Abhiram Reddy and his team have cheated them promising profits on their investment. The techie, who is working in a software company in Hyderabad, has alleged that they have been cheated by Abhiram Reddy in the name of qnet marketing business.

S Ravi Kumar alleged that Abhiram, who is a classmate of his daughter, cheated them in the name of qnet business. He alleged that Abhiram Reddy called his daughter and forced her to invest the money in a “profitable marketing business”.

He alleged that Abhiram Reddy approached his daughter and told her that he is giving one opportunity of business model.  Abhiram Reddy said by simply investing Rs 5 Lakh one can earn a manifold per month. Abhiram Reddy also warned her against informing about this business to her parents, alleged Ravi Kumar. 

When the techie said she had no money to invest, Abhiram Reddy collected her salary slips and arranged a loan from IDFC bank. After getting the loan, he took Rs 2.5 lakh in cash and an additional Rs 2.5 lakh he got transferred to his bank account.

Ravi Kumar further alleged that in a zoom meeting, Abhiram asked the techie to introduce another 10 to 15 members to the qnet business, which is spread all over the world and is based in Hong Kong and Bangalore. Later, Abhiram and team went out of communication and the stock reply for all the messages was, “The money is invested in the business.”