2 Hyderabad-based companies face probe for 670 cr ‘investment fraud’

Cyberabad police are investigating two Hyderabad-based companies, Shares Bazaar Pvt Ltd and Kisaan Parivaar Ltd, for fraud. The companies allegedly promised high returns, luring approximately 7,400 investors nationwide. Victims have reported losses exceeding Rs 70 crore, with major complaints filed by retired military personnel. Five individuals, including the main suspect Bhupal Naik, have been arrested as part of the ongoing investigation. 

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