Folk singer Mangli booked for Rs 10 crore investment scam, threats
Hyderabad, April 11 -- A case has been registered at the Punjagutta Police Station against popular Telugu folk singer Mangli, linking her to an alleged investment scam and threats to a complainant.
Advocate Subbarao has accused Mangli and others of defrauding him and several investors of nearly Rs 10 crore. According to the complaint, they allegedly lured around 100 to 150 people into a microfinance and business investment scheme by promising high returns through ventures in real estate, trading and import-export.
The victims claim that neither the promised profits nor their original investments were returned.
Threat allegations surface
The case took a more serious turn when the advocate alleged that he received death thre...
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