Hyderabad, April 27 -- The death toll in the alleged illegal microfinance scam in Telangana's Nalgonda district rose to four after another victim died on Monday, April 27.

According to local reports, Pathi Ramesh, a resident of Pathi Thanda in Peddavoora mandal, reportedly died of a heart stroke. Family members said he had fallen into depression after suffering heavy financial losses in the scam.

The case pertains to an alleged high-return investment fraud, in which the accused, Ramavath Balaji Naik and Madhu Naik, are said to have collected money from hundreds of people by promising monthly returns ranging from 10 to 18 per cent.

Police have arrested the two accused in Nalgonda. Preliminary investigations suggest that the scam involve...