The Jubilee Hills police arrested a woman MBA graduate on charge of duping several hundred people, promising them jobs or flats. Police say her husband, the co-conspirator, has escaped.
G Pawani, 32, is a MBA grad who married G Vamsidhar four years ago. Both are said to be averse to toiling 10 hours for a pittance. After marriage they took up residence at Flat no 30-b in Banjara Hills Road No 12. Vamsidhar, also said to be an engineering graduate, began real estate business with his friend Vamshikrishna.
In 2008 Pawani started Media Point, a private agency, at Flat no 163, Prashasan Nagar, Road No 72 in Jubilee Hills. It was purported to be a manpower recruitment agency.
It promised quick and well-paid jobs to the qualified. The catch was that the candidates must undergo work-experience training for a few months before appointing them in various companies, explained Saidulu, sub-inspector, Jubilee Hills police station.
Saidulu found out that she had given advertisements in local English and Telugu newspapers about the venture. Hundreds of jobless applied and she promptly collected `1 lakh from each. Thus, Pawani coolly collected some `80 lakh — most of it from M.tech and B.tech graduates eager to begin their career.
Meanwhile, her ‘enterprising’ husband was not idle.
Vamsidhar and his friend Vamshikrishna started a venture in the Muncharla village of Kandukur, in the outskirts of the City. “Sahasara Real Estate Agency, it was named. They promised the public that they will provide good flats on easy installments with no hassles as one faces when one seeks a bank loan. Many who hate procedural demands flocked. Some 70-75 came in and paid `20 lakh. Soon the agency vanished, lock, stock, and barrel.
In the last four years, the Jubilee Hills police have registered four cheating cases against her, Vamsidhar and his friend but no action followed. Finally, the police stepped in and raided their Banjara Hills flat.
Pawani’s game was known to the police for long and until pressure came from some influential quarters, things did not move.
And, even now the police could not seize any cash from them.
“I have mortgaged my flat to get money for the job,” a victim, told Postnoon. Police did not do anything till now, why? He wanted to know.
Only a thorough probe will reveal where all the money have gone and whose backing enabled the couple to operate with impunity.
—Source: Postnoon