Prasiddhi Chit Funds Complaints & Reviews

I have been investing in two chit funds of this company since from last two years. I have received one chit and other chit they have not made payment.

The rangaswamy of this company along with mrs nirupama mahesh, took a loan of two lakh from me in month of september 2016. They have returned half of the loan and kept on promising of payment from that time till date.

Now none of these people are reachable....

Prasiddhi chit funds, malleshwaram, bangalore have not paid many prized subscribers and completed subscribers from june 2016. After a year of high drama, the directors mahesh, nirupa mahesh and ravi kumar are absconding. Their office in malehwaram is closed and the board is also removed. Many of their staff are absconding as well. There are 100s of subscribers who lost money and the total fraud may run to the tune of many crores. Police complaint...