Hundreds fall into deposit swindling

Hundreds fall into deposit swindling

More people are pouring in to file complaints against Sumanth Kumar Das, who started an investment firm and disappeared with the money on Saturday. The number of complainants has gone upto 150 and the amount involved is also increasing, today it was pegged at Rs 10 crore.

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After knowing about Kumar's disappearance, more and more people are coming to file complaints with the police.

"Sumanth seems to be from West Bengal. We have filed a case and investigation is on," said Commercial Street police.

Sumanth had offered many luring schemes like flat 10 per cent interest per month on deposits and share of profits from the ventures.

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