Fraud Committed under the Pretense of Self-Help Groups in Pollachi

Women victims from Pollachi have filed a petition against Ramya, who cheated them by promising benefits via women’s self-help groups, facing threats of murder for demanding their rightful documents.


Coimbatore: A group of women from Pollachi have lodged a formal complaint with the Coimbatore West Zone Police Chief against a fraud allegedly committed by a woman named Ramya under the guise of operating a self-help group. According to the complaints, Ramya procured funds from them promising financial returns through self-help initiatives. She collected documents such as unfilled cheques and Aadhar cards as collateral.

These individuals were initially paying weekly installments to Ramya's company, Jothi Capitals Private Limited. However, they faced demands for additional payments in subsequent weeks. When the victims confronted Ramya about the payments, she allegedly threatened them with severe consequences if they did not adhere to the company’s directives.

Eventually, even after completing the original payment agreement, Ramya refused to return their documents and allegedly took out additional loans in their names, charging exorbitant interest rates. The victims, who raised concerns, were then threatened with murder by Ramya and members of her family, according to their testimonies.

In an interaction with journalists, a lawyer from the group representing the victims stated, "Ramya collected Rs. 950 a week against Rs. 25,000, totaling over 40 weeks. Despite settling the amounts, the victims who demanded their documents back faced refusals and threats of murder from Ramya and her family. Thus, it is crucial for the authorities to investigate and take necessary action to deliver justice to the affected individuals."

Health Center to Drainage Works: coimbatore Peelamedu Ward 27 Gets Inspection

Coimbatore Corporation North Zone Ward 27 Councillor Ambika Danapal conducted field inspections of the primary health ce...

Heavy Rain Warning: Paralikkadu Ecotourism Temporarily Closed

Paralikkadu ecotourism center under Karamadai forest range has been temporarily closed for this entire week as a precaut...

Coimbatore Corporation Commissioner Orders Immediate Removal of Public Space Encroachments

Coimbatore Corporation Commissioner M Sivaguru Prabhakaran has ordered construction companies and residents associations...

Industry Body Recalls TN’s ₹12 Lakh Crore Investment Growth; Urges New Govt to Continue the Momentum

K.E. Raghunathan, National Chairman of the Association of Indian Entrepreneurs, has urged the Tamil Nadu government to m...

Collector Inspects Desilting Works at Kurichi Dam Canal

Coimbatore District Collector Pawan Kumar Giriyappanar and Corporation Commissioner M Sivaguru Prabhakaran inspected des...

Tamil Nadu Forms 65 Anti-Narcotic Task Force Stations Under CM's Direct Watch

Tamil Nadu government establishes 65 dedicated Anti-Narcotic Task Force police stations across all districts and city co...