Hyderabad: Moghalpura Police registered a case of cheating against Sri Ram City Union Finance Limited located at Shah Ali Banda.
According to the report, the managers of Sri Ram City Union Finance kept gold ornaments as mortgage to give loans.
B. Harish Yadav, resident of Gawlipura lodged a complaint with Moghalpura Police station in which he said that he had mortgaged 72 gram of gold ornaments. When he went to take back his ornaments after repaying the loan taken, the managers of the company failed to return the ornaments.
Police registered a case of cheating and started investigations.