CID arrested 2 RMP directors-search for absconding directors

Hyderabad:Crime Investigation Department (CID) officials on Tuesday arrested two directors of RMP Infotec Private Limited on charge of organising money circulation scheme in the guise of some products.

A laptop, hard disks and documents were seized from the company’s head office in Chennai and customer care centre in Hyderabad, the CID Additional DGP, T. Krishna Prasad, said. While Rajesh J. Chandhan and Dileep J. Chandhan were arrested, two other directors -Praveen J. Chandhan and Dhawal J. Chandhan- were absconding.

The quartet started the company headquartered at Chennai claiming that they were distributors for some products. They enrolled persons purchasing products from them as distributors and offered money as incentive.

They claimed that RMP meant “Resource Money Power” and lured people to enroll with the company offering weekly payments ranging from Rs. 1,000 to Rs. 1.3 lakh based on the number of members the buyers manage to get inducted in the company.

The company was indulging in money circulation scheme by luring the public, Mr. Prasad said. Eight cases were registered against the company following complaints from Guntur and Prakasam districts.

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