Mysore/Mysuru, May 20 -- Investigation expands across Karnataka; KPID Act invoked

The Mysuru City Crime Branch (CCB) has received more than 200 complaints within just four days in connection with the multi-crore gold fraud allegedly committed by Soundar Raj alias Chinnathambi and his associate companies, SDJ Gold Company, DGF Gold and Diamonds and Dhanaganapathi Finance.

On May 16, the City Police had appealed to the public to approach the CCB office with relevant documents to assist in the ongoing investigation into the large-scale fraud.

Soundar Raj, proprietor of Dhana Ganapathi Golden and Diamond Firm (DGF), is accused of cheating customers by promising to purchase gold ornaments at premium prices and provide loans at low interest ...