Rs 60 lakh, revolver seized from racket kingpin

HYDERABAD: Days after Haryana-based Future Maker Life Care Global Marketing Private Ltd came under for running a

multi-level marketing

(MLM) business, Cyberabad police investigators conducted raids on the residences of prime accused, chief managing director Radheshyam and other accused on Friday. Apart from Rs 60 lakh, a

revolver

and three SUVs were recovered.

“Sleuths searched the house of Radheshyam and others. Searchs were also conducted at the godowns/ warehouses. We also conducted searches at Future Maker head office and corporate office at

Hisar

in Haryana-,’’Cyberabad police said in a press note.

Radheshyam and national distributor of his company Sunder Singh, 35, were arrested on September 8.

The firm was collecting Rs 7,500 from every customer, who will have to add two more customers. For the money paid, customer is eligible to purchase Rs 5,000 worth apparel and medicines. The company claims it will pay Rs 2,500 every month to the customer for two years.