Quest Net officials may be detained under Goonda ActMay 13th, 2008 - 10:20 pm ICT by admin
Chennai, May 13 (IANS) Two of the arrested employees of the multi-level marketing company Quest Net, which has been accused of fraud, may be detained under the Goonda Act, the Tamil Nadu police said. The police have received 8,277 complaints from all over south India against the company, Police Commissioner Naanjil Kumaran told reporters here Tuesday.
So far, Rs.35 million in cash and 87 kg of gold and silver coins besides valuables worth more than Rs.100 million have been seized from the offices of the company.
Quest Net managing director Pushpam Appala Naidu and her assistant S. Augustine may be jailed for up to a year under the Goonda Act, said the police.
In all, seven employees of the company have been arrested on charges of cheating.
Quest Net’s principals in Malaysia have denied any wrongdoing on its or its subsidiary’s part.
Granted police custody by a local court until Thursday, Pushpam and Augustine have been taken to Hyderabad and Bangalore to facilitate opening of bank lockers, the police said.