Jewellery shop owner dupes investors of crores

Coimbatore | Thursday | 21st February, 2019

Summary:

He has cheated more than 1,000 investors of crores of rupees. But the firm did not return any money and closed the shops. Its managing director Kurinchi and his partners are absconding,” he said.As the economic offences wing (EOW) police has not taken any action against the firm, they decided to approach the city police, the investors said.“Kurinchi has political connections. AIADMK ministers had inaugurated his shops. We hope that the city police will register a first information report (FIR) against Kurinchi and others and will arrest them soon,” said C Ramasamy of Kalappatti, who had invested Rs 2.46 lakh in the firm.The city police have promised to launch an investigation..