Summary:
Stating that they put all their savings in the firm, the petitioners appealed for steps to get their money back. They said that other firms owned by the land promoter should also be included in the case so that their assets could also be sold and the money could be returned to the investors. It was alleged in the petition that the firm had collected ?1,137 crore from 12.27 lakh depositors across the State, and had cheated most of them. more-inOver 200 depositors and field workers of a Madurai-based land promoter submitted at petition at the Collectorate here on Monday, alleging that the promoter had collected money from them and failed to return it. Many had paid to buy land while some others deposited money for interest..