Hyderabad, September 11: Another software company duped its employees at Madhapur area and its promoter closed the company and allegedly fled. It must be recalled that this is the second incident within 10 days in Madhapur where the software company is indulged in cheating.
According to reliable sources a software company named Tancoz solution was founded 6 month ago and 50 thousand to 1 lakh were collected from each candidate promising training and job. The owner of the company Motilal Chandu allegedly shut down the company and fled.
The number of victims of the company is said to be 4 to 5 hundred who have not been paid salaries from the past 6 months and the cheques given to them as salaries have bounced.
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