Woman held for cheating

Bhagya, a resident of Nagappa Street, Palace Guttalli, was into chit fund business some 10 years ago. Hundreds of people had invested their money in her business as she had promised them higher rate of interest.

After staying there for some, Bhagya sold her house at Nagappa Street and settled down at Kallasandra at Konanakunte. She fled from there also, in order to escape the wrath of the people who had invested their money in her business.

Bhagya’s husband Narayan and daughter Jayashree were also a part of her business. They are said to be absconding. Narayan, a fireman in Fire Services Department, was serving at Doddaballapur. Jayashree is a practicing advocate. More than 60 persons have filed complaints against Bhagya. The police have secured her for interrogation for 14 days after seeking court’s permission, the police said.

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