Hyderabad, Oct. 20 -- Veda Seethamma aka Seetha Veda, the prime accused in a Rs 16 crore chit fund scam, was arrested at the Hyderabad airport on Sunday, October 18.

Seetha, a resident of HMT Hills in KPHB, had allegedly collected the amount on the pretext of chit schemes and fled to the United States without repayment. Based on a complaint by the victims, the KPHB Police registered a case against the woman on August 24 for fraud.

On September 16, the KPHB Police arrested Seetha's husband, Ramana Reddy, in connection with the case. Since Seetha was abroad, a Look Out Circular was issued against her. Based on the significant amount, the case was transferred to the Economic Offences Wing (EOW).

When contacted, there was no response from ...