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This story is from August 12, 2013
Businessman dupes relatives of Rs 2 crore
Promising high interest, a cellphone shop owner duped several of his relatives to the tune of Rs 2 crore at Kushaiguda.
Venu from Saket Township in Kushaiguda, borrowed amount ranging from Rs 1 to Rs 5 lakhs from 15 of his relatives in one year. Till July 2013,
He collected nearly Rs 2 crore as his relatives fell for the high interest rate that he promised to pay.
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