[Resolved]  5m-tech heads — Fraud company ...taking 1 lakh as refundable but they shut down the company without giving money Director: Dr.B.Narsimha Rao and CEO: B.surya prasad

Address: Hyderabad, Andhra Pradesh

NO use of this complaint to CCS police station in hyderabad.Hundreds of students life spoiled because of this company and till now they didn't pay back money.
I have each and every document what they given to me as a employee of that company.As my family is poor family,I joined this company by taking 1 lakh money from my relatives.

HYDERABAD: The chief executive officer (CEO) of 5 M Tech Heads (software company) B Surya Prasad, 42, and its vice-chairman Sita Kumari, 63, were arrested on Saturday for duping hundreds of engineering graduates. They were arrested by the White Collar Offences wing attached to the Central Crime Station (CCS).

On June 26, police received a complaint that 5 M Tech Heads software company located in Begumpet had conducted campus selections at various engineering colleges in Chittoor, Khammmam, Tirupati and other places and recruited B Tech students as software trainees and duped the graduates.

At the time of appointment, the company collected Rs one lakh from each employee as security deposit. In all, 200 graduates were recruited and Rs two crore was collected from them. They were told that the security deposit would be refunded on completion of one year, according to an official release issued here on Saturday.
After taking on the software trainees, the management ran the company for three to four months and paid less than what was mentioned in the appointment orders. Later, they closed the company, but did not refund the security deposits, the release said.
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Aug 13, 2020
Complaint marked as Resolved 
 
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They given documents are:
1) IndusInd bank check for 1 lakh, I have check bounce statement.
2) They given bond for 1year agreement for refundable deposit i.e 1 lakh.
3) They given another bond like if they didnt refund money within this date u can proceed legally and sell all my properties like that.
4) we gave a complaint to CCS police station in Hyderabad and they register case on them.I have FIR statement also.
5) But they came out from court recently because we don't know any idea on court rules.So court given clearance for them but 200 students life gone.

How can I get my money from that fellows.
Dr. B. Narasimharo: he is the doctor for skin specilist in bangalore.
Hospital details: BNR Skin Hospitals, G-1,
Sadath Court, Opposite Shoppers Stop
Magrath Road, Bengaluru, Karnataka 560025
ph No:[protected],[protected]
He given bond for us like U can sell my property if I won't refund money like that.I have that document.His son CEO B.suryaPrasad collected all the money and given checks for us.
Please help and suggest me.I came from very poor family I have to return that money.so, please tell me, How can I get this money from them.They are very happily enjoying outside.But I am I lost my carrer and hopes on job, and upto now I can't repay money back for my relatives from 2 years onwards I am suffering for that money.
hi

Even I was duped by these people as they told us that they are recruiting biotechnology and bioinformatics students in campus placements in the oncology research department in their BNR skin hospital, bangalore. the college management and these people together took Rs. 21000/- as first month's refundable salary deposit.All this mess happened in 2009 in my final year of engineering in Salem, tamil nadu, India. struggled a lot, but finally was duped and cheated by the thugs, the college management and the BNR director and CEO doctors together. I didn't take the money back from college management like my other friends because the travelling expences to go to my college and the expences involved would cost me the same as I was from different state. I can explain my vain during that period when I was totally submerged in dippression. We all together should take some kind of action on them to teach them a good lesson in life, to make them understand the pain of poor students like us whose parents work day and night shedding their blood in the form of sweat for our bright future. I feel sorry for the poor parents who do not utter a single word or yell at us out of love they have for us. Wish they should be punished brutally for cheating innocents like us.

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    5m-tech heads
    Hyderabad
    Andhra Pradesh
    India
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