Chennai, June 3 -- In a significant breakthrough, the Tamil Nadu Crime Branch-CID
wing has unearthed a multi-crore Iridium Copper scam by the culprits posing as RBI
officials and arrested six people in this connection.
A CB-CID release here on Tuesday said those arrested included five from Tamil Nadu and
one from Telangana and several incriminating materials were seized from them.
It was a case of cheating of public by some groups across Tamil Nadu and neighbouring
states by collecting unauthorized deposits claiming that several thousand crore rupees
has been received from the central government through RBI for the sale of iridium copper.
They also con them saying service fee has to be paid to RBI and commission has to be
paid to ...