MYSORE: Despite creating awareness on fraudulent chit fund operators, gullible people still continue to put their money into them and lose it all.
One such incident occurred in Mysore, where Chandrikakumari Puttasomachari (45) of Jockey Quarters, Nazarbad, cheated around 200 people who had invested in her chit fund and cheated them of lakhs of rupees. Chandrika is the wife of Puttasomachari, a driver with the City Reserve police. People who had invested in the chit fund gathered in front of Chandrika's house demanding their money. On learning that she was missing, they staged a protest in front of the house.
Police took Puttasomachari into custody. Puttasomachari was also part of the chit fund scam.
A complaint was lodged at Nazarbad police station.
The police are in search of Chandrika, who is believed to have absconded with the
money.