Nowhera Sheikh produced in RR Court

Hyderabad: Principal accused in the Heera Gold scam case Nowhera Sheikh was today produced before the Ranga Reddy District & Sessions Court at L. B. Nagar after a health check-up in a government hospital. The Kukatpally police brought the Heera Group of Companies founder to city from Chittoor Jail on PT warrant in connection with pending cases related to a Ponzi scheme.

Nowhera Sheikh was in judicial custody after the AP CID sleuths nabbed her at her native place in Chittoor District for duping customers in the name of Ponzi schemes. Criminal cases were filed by police in Andhra Pradesh, Mumbai and Karnataka States in connection with her criminal activities. She reportedly took many people for a ride and collected some Rs 6,000 crore from some 1.75 gullible people. Four more cases were pending against her in the city. Earlier, the CCS booked a case against her and arrested her.

Speaking to the media on the court premises, Nowhera Sheikh said those who filed cases against her were not investors and they deliberately filed cases on bogus charges. She also said she would repay the amounts taken from her investors. As the case was sub-judice, she would tell the facts to the Judge.