The famous Pranav Jewelery Company of tamil Nadu, of which actor prakash raj was the ambassador, was involved in a big scam and put a cap of Rs 100 crore on the local people. A famous jewelery company in tamil Nadu, which featured actor prakash raj as its ambassador, has closed all its stores by putting a cap of Rs 100 crore on people. people invested money in some schemes of Pranav Jewelery for the desire of gold. Actor prakash raj was also featured in its prominent advertisements. However, when the people asked for gold for the money they had given, the owner of the jewelery company started giving rude answers. This scandal has come to light after this. After this, the investor filed a personal complaint with the police and an investigation was started. This jewelery shop collected 100 crore rupees from people for investment in gold. Now the jewelery chain has closed its stores across the state and fled. people have protested in tamilnadu on Tuesday. A lot of people have complained and the police have also started an investigation.
Trichy-based Pranav Jewellers, which has branches in Chennai, Erode, Nagercoil, Madurai, kumbakonam and Puducherry, has been raising investments from the public on the promise of higher returns and a higher incentive for investors of Rs 5 lakh and above. Most of the people had deposited money ranging from 1 lakh to 1 crore on the promise given by the jewelery shop.
However, doubts about this started to arise about two months ago when the jewelery store failed to pay the interest promised on the investment. When contacted by some investors, the jewelery store promised to pay the outstanding amount within a week. Those who had invested their money were shocked to find the shop closed in Trichy and other cities on tuesday and all efforts to contact the owner on phone failed. The information that the shop is closed has gone viral and those who have invested money are worried. After the protest, the fort police rushed to the spot and negotiated. Officials have received complaints from every investor and have promised to investigate the same.
click and follow Indiaherald WhatsApp channel