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The Hindu
The Hindu
National
The Hindu Bureau

Mokila suicide case: Man behind GSN pyramid scheme arrested

 

In a major development in a case in which a man ended his life after killing his three sons earlier this month, the Mokila police of Cyberabad on Saturday arrested the promoter of GSN Foundation. 

Gidijala Tirupathi Rao, 43, who was arrested in Vizianagaram in Andhra Pradesh, had collected a whopping ₹13 lakh from the deceased Ravi Kumar in the name of ‘GSN Money Circulation scheme’.

Back in December 2022, Tirupathi Rao had started GSN Foundation in the name of his late father Gidijala Satyam Naidu. The deceased Ravi joined the pyramid scheme and involved several locals who later started harassing him and his family for return of investments. Earlier this month, the Mokila police arrested Siripuram Srinivas Reddy, 29, a reporter with Vartha newspaper, Sanike Praveen Kumar, 32, a reporter with Sakshi newspaper and Aluri Raju alias Nagaraj, 48, a home guard from Shankarpally village, who had ganged up and allegedly threatened to publish an article against Ravi Kumar and had demanded ₹10 lakh from him.

The police had also named Mangali Srinivas from ABN, Kurma Srinivas from Eenadu and Vadde Mahesh from Namasthe Telangana among others as part of the gang which was threatening Ravi Kumar.

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