Sunday, June 26, 2022
IndiaMr.Money YouTuber Forex Trading Rs.300 Crore Scam? FIR Registered Against Vimalkumar

Mr.Money YouTuber Forex Trading Rs.300 Crore Scam? FIR Registered Against Vimalkumar

Coimbatore police have registered a case against the husband and wife in connection with a scam involving more than Rs 300 crore across Tamil Nadu.

Coimbatore: Vimal Kumar hails from the Sundarapuram area of ​​Coimbatore. Vimalkumar, who runs the YouTube channel `Mr.Money ‘, runs Alpha Forex Markets. He trades in Forex, the stock market, cryptocurrencies and invests in it.

He has traveled not only through YouTube but also to Chennai, Madurai, Trichy, Thanjavur, Tirunelveli, Salem and Ramanathapuram to meet people and invest directly.

As a result, if an investor invests Rs 1 lakh, he is expected to pay Rs 1.80 lakh within a year. After this you said that if someone adds someone to the investment you will also get a commission.

Based on this, more than 1000 people across Tamil Nadu have invested crores of rupees in Vimal. Investors complained that some days went well and Vimalkumar did not pay as he had said before.

Vimalkumar went missing last year. The victims protested that Vimalkumar and his associates had embezzled more than Rs 30 crore. Murugan from Ramanathapuram Paramakudi area has invested Rs 16 lakh in Vimal.


Read Also | Shiv Sena leader Sanjay Raut says Ek Desh, Ek Vidhaan, Ek bhasha


However, he lodged a complaint with the Coimbatore Economic Crimes Division with the police alleging fraud in not paying the amount.

According to the complaint, Vimalkumar and his wife Rajeswari have been charged under 4 sections. Police also raided several places where they had intervened. A large number of documents and materials are said to have been seized.

We are conducting further investigation and gathering evidence and arrests will be made soon, police said.

Covid India Active Cases

India
93,934
Total active cases
Updated on June 26, 2022 7:24 am

DMCA.com Protection Status

Related Stories

Trending Stories

Vijay Varisu / Vaarasudu Movie 2023 First, Second Look, Trailer, Songs, Release ,Tickets Booking

Vijay Varisu / Vaarasudu First Look, Vijay Varisu / Vaarasudu Second Look, Vijay Varisu / Vaarasudu Trailer, Vijay Varisu / Vaarasudu Teaser, Vijay Varisu...

TN 10th, 12th Class Temporary Mark Sheet Download Online at www.dge.tn.gov.in

Tamil Nadu Class 10th, 12th Students after checking their Public Board Results 2022 now are looking to download their Provisional Temporary Mark Sheet Download...

Eat these dishes made of neem to stay healthy, know the recipe

Rich in properties like anti-inflammatory and anti-bacterial, neem leaves are very healthy, their consumption is capable of giving many other health benefits including removing...

Increasing Flight Ticket Price in India due to Hike Jet Fuel Rates

New Delhi: Russia's creation of Ukraine poses an economic threat to the rest of the world. Due to this, the prices of crude oil...

DMK MP Tiruchi Siva son BJP leader Suriyaa Sivaa arrested

DMK's state level MP Trichy Siva is also the Secretary for Policy Outreach. He is also the party's main leader in the Central Region. In...

Recently Popular

Sovereign Gold Bond Opportunity to buy gold cheaply from June 20, 2022 get extra discount

Sovereign Gold Bond: The government is once again going to give everyone a chance to...

Rashmika Mandanna & Varun Dhawan Dancing on Vijay’s ‘Arabic Kuthu’ song from BEAST Movie

Leading South actress Rashmika Mandana & Bollywood star Varun Dhawan has danced to the Arabic...

Dombivli Five members of the same family drowned in a mine

Dombivli, Thane: An unfortunate incident has come to light from Dombivli. Five members of the...

Smartphone gets overheating soon? These easy tips will remove your problem

Follow the steps & tips to avoid your smartphone overheating in a short period of...

$800 billion fall in crypto market, Ethereum founder said – ‘Investors need to pay more attention’

Gavin Wood, co-founder of Ethereum, the world's second largest cryptocurrency after bitcoin, has advised crypto...

WBJEE 2022 West Bengal Joint Entrance Exam Admit Card Released, Here’s How To Download

West Bengal Joint Entrance Examination Board (WBJEEB) has released the admit card for this entrance...

Recommended Stories

Trending Now