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Who is Ananthu Krishnan, the man behind multi-crore fraud in Kerala?

Business Standard LogoBusiness Standard1d ago

Who is Ananthu Krishnan, the man behind multi-crore fraud in Kerala? - Business Standard

Quick Summary:

Early applicants actually received the two-wheelers and the laptops at the promised price which was the investment to win the people's confidence.

He allegedly defrauded people of several crores by promising scooters, sewing machines, home appliances, and laptops at half price.

The confederation was offering scooters worth Rs 1.20 lakh at Rs 60,000, and laptops worth Rs 60,000 at Rs 30,000 and the test of the MRP was promised to be met through the CSR fund that the NGO confederation was supposed to bring in from corporates.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 17:22:05 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 653 words

Reading Time: 4 minutes read

Sentences: 36 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26024549

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 351 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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