All India Christian Rights Movement (AICRM) lodged a complaint with the City Police Commissioner stating that a private trust had duped investors to the tune of `7 crore, on Monday. The complaint said that Heavenly Interdenominal Mission Trust (HIM), a trust based out of Pattabiram, lured investors offering lucrative returns on monthly and annual basis.
Twenty AICRM members enlisted 19 persons who had lost their money to HIM. In one scheme, the one-time investment was `2,100 for which the monthly return was `1,250, and the annual matured amount was `13,750. In another scheme, by paying `5,250, a monthly return of `3,000 was offered and `33,000 on annual maturity. AICRM charged that not a single rupee was returned, while the trust and the agents through whom they had collected the money had absconded.