Hyderabad CCS police have filed charge sheets in the Nampally court on the Karvy stock broking irregularities. Upon the complaints from investors, police have registered four cases for cheating the former by taking loans in a bank. The police found that a total of Rs 3,520 was unearthed.
Evidence has also been gathered that these scams were committed within eight years. ACPSV Harikrishna submitted evidence containing 5,000 documents to the court three days ago. Police have arrested eight people, including Karvy Stock Broking chairman P Partha Saradhi. Parthasarathy, who is currently lodged in the Bangalore jail, will be presented to the court after being brought to Hyderabad under a PTI warrant.
