Realty boss accused of Rs 2.5 crore fraud: AV Infracon chief lured investors with promises of high returns; victims' statements recorded by EOW

Cyberabad EOW is investigating AV Infracon for allegedly defrauding investors. Madhapur police initially registered the case in November 2024. G Vijay, the company owner, is accused of promising high returns. Agents collected investments before Vijay disappeared. Victims reported losses of 2.50 crore. Cyberabad police are preparing to arrest the accused soon. The investigation is ongoing.

Most Recent