Sridhar Rao Arrested Fraud Charges: Details Emerge
HYDERABAD/DELHI: In a dramatic twist, Sridhar Rao arrested fraud charges have sent shockwaves through Hyderabad. The managing director of Sandhya Convention, Sridhar Rao, faced arrest by Delhi Police in a coordinated operation with Cyberabad authorities. This took place just before his scheduled departure from Rajiv Gandhi International Airport. Rao has a troubling criminal history and stands accused of defrauding a Delhi businessman who is closely related to a Bollywood star.
Delhi’s special commissioner of police for crime, Ravindra Singh Yadav, confirmed the arrest. He highlighted that Rao allegedly conned the businessman out of several crores of rupees. Investigations revealed that the businessman was duped in 2020, leading to the previous arrests of three individuals last year. The businessman informed the police that these suspects attempted to fraudulently sell his properties. Yadav stated, “During the investigation, we identified a gang targeting wealthy individuals across India, employing various deceptive methods.”
Investigation into Sridhar Rao Arrested Fraud Charges
Authorities will delve deeper into Sridhar Rao arrested fraud charges as they examine his connections to other fraud cases involving celebrities. The police have requested documentation related to these allegations and plan to question additional individuals. A Cyberabad police officer stated, “Delhi Police had been monitoring Sridhar’s movements. They apprehended him at the airport with our assistance. He faces charges of cheating and other criminal offenses.”
Following his arrest, Rao appeared in a court at Rajendranagar. Delhi Police sought a transit warrant, which they secured before transporting him back to Delhi by flight. This is not the first time Rao has faced serious legal issues. He has been implicated in multiple cases, including cheating property investors, land encroachment, and assault.
As the investigation unfolds, more details may surface about the extent of Sridhar Rao’s fraudulent activities.
