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Nov 24, 2023 · Synopsis. A special court in Chennai has handed out a 20-year prison sentence to R Subramanian for duping hundreds of investors of Viswapriya India and siphoning off their investments through numerous shell companies. Though a compensation of INR180 crore has been ordered, a long journey lies ahead for investors.
Nov 25, 2023 · R. Subramanian, the mastermind behind the retail giant Subhiksha, has been sentenced to 20 years in prison for orchestrating a sophisticated fraud that duped hundreds of investors.
Nov 24, 2023 · R. Subramanian, the promoter of the retail venture Subhiksha, an alumnus of IIT and a graduate from IIM, has been sentenced to 20 years in prison for defrauding investors.
Nov 25, 2023 · R Subramanian, the founder of the retail chain Subhiksha and an alumnus of IIT with a degree from IIM, has been sentenced to a 20-year prison term for defrauding investors.
Nov 25, 2023 · Subramanian and the directors of his firm were arrested by the Economic Offences Wing (EOW) of Tamil Nadu Police in the fag end of September 2015 after police started receiving complaints against Viswapriya.
Nov 26, 2023 · According to the court judgement of November 20, 2023, renowned engineer Subramanian of IIT Madras, received a conviction from a special court in Chennai of defrauding hundreds of investors and using different shell firms to redirect their assets.
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Nov 25, 2023 · A Special Court for cases under the Tamil Nadu Protection of Interests of Depositors Act (TNPID Act) has sentenced R. Subramanian, promoter of financial institutions and retail ventures such...
