Chennai, Feb. 5 -- The Economic Offences Wing (EOW) in Salem have arrested four members
of a Trust, including two women--both Founders--for cheating more than 200 depositors to the tune
of Rs 4.3 crores.
The EOW Team also seized Rs 12,68,42,850 cash, 3 kg gold jewellery and 13 kg silver articles from their possession.
An EOW release here on Wednesday said for the past two years, a trust named Saint Mother Theresa Humanitarian Charitable Trust has been operating at Ammapet in Salem district of Tamil Nadu.
It was functioning under the management of the accused individuals Vijayabanu, Founder of the Trust, Jayapradha, Co-founder of the Trust, Baskar, Participant of the Trust and Syed Muhammed, Member of the Trust.
The Trust conducted f...