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Cheating case : Kamalakshi Co-op Society Chairman gets conditional bail

Cheating case : Kamalakshi Co-op Society Chairman gets conditional bail


mangaloretoday.com

Udupi, Jan 16, 2023: The arrested chairman of Kamalakshi Multi-Purpose Co-operative Society of Udupi B V Laxminarayana  has been granted conditional bail by the District Court. Laxminarayana is facing charges of cheating several hundreds of customers of the Society of nearly Rs 100 crores.

 

B V Laxminarayana


So far seven depositors of the society have lodged complaints regarding the cheating. Apart from Laxminarayana,  the directors of the Society, B V Balakrishbna, Bhasker Upadhya, Ravi Upadhya, Uday Upadhya, Radhika and Sujatha have been named the accused.


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