Senthil Kumar (42) and Ganeshan (32) were running Sri Sakthi Emu farms in Perundurai in Erode District. Investors deposited money under various schemes proposed by the company. Five persons including Vellaichamy (63) from Andipatti in Theni district deposited up to Rs.12 lakhs.
Even after the maturity period this company did not return the depositor's money. As there was no response Vellaichamy filed a complaint with the Perundurai police on 8.6.2012. The case was transferred to the Erode economic offences wing.
The police filed FIRs under the sections of Cheating (420-B) and The Tamil Nadu Protection of Interest of Depositors Act 5(1). Police arrested the owners of the emu firm Senthil Kumar and Ganeshan.
The case came up for hearing at the Coimbatore, the Tamil Nadu Protection of Interest of Depositors (TNPID) court. Evidence was collected from 19 persons on behalf of the government. The final hearing of the case was held by Magistrate, Babu. Senthil Kumar and Ganeshan were proven guilty. They were awarded five years sentence and a fine of Rs.12 lakhs. The judge also declared that out of the 12 lakhs a sum of 11 lakhs should be distributed among the investors and the remaining amount should be aid at the government. Lawyers Thangaraj and Manickaraj appeared on behalf of the government in this case.