Overview
- The CCS Special Investigation Team, which carried out coordinated raids Monday, arrested 32 suspects across Telangana, Andhra Pradesh and Karnataka.
- Those held include 11 women and many current or former IT employees who police say recruited, trained and expanded the network.
- Police say the group pitched e‑commerce investments in Hitec City hotels with promises of Rs 3–4 crore on Rs 5–10 lakh from software workers, unemployed youth, business owners and homemakers.
- Investigators report the company hid its identity and called delivered products gifts while diverting victims’ money into those purchases.
- Officers describe a binary model that pays mainly for new enrollments, which they say violates the Prize Chits and Money Circulation Schemes (Banning) Act, 1978, and they have logged four CCS cases with 11 known victims losing about Rs 75 lakh as they pursue absconding suspects.