Nationwide Manhunt Underway for ₹9 Crore Fraud Mastermind

Quick Summary:

• The Sri Sathya Sai district police are conducting a manhunt for Moramsetty Suresh alias ‘Dall Mill Suri’, 46, and his brother Pandu for allegedly running a ₹9 crore cheating racket nationwide.
• The brothers reside in Kothacheruvu mandal of the Sri Sathya Sai district.
• Superintendent of Police (SP) V. Ratna stated that mr. Suri lured small and medium businessmen into fraudulent multi-pulses trading ventures before failing to settle payments.
• The gang operates across southern states as well as uttar Pradesh, Madhya pradesh, Chhattisgarh, and West Bengal.
• Mr.Suri is reportedly involved in 36 criminal cases including cheating, extortion, land grabbing, atrocities against SC/STs, bodily offences, and white-collar crimes.
• SP Ratna emphasized the threat posed by Mr. Suri’s activities to public peace in Rayalaseema districts despite previous warnings.
• Under the A.P. Prevention of Hazardous Activities Act (1986), Mr. Suri has been classified as a “Goonda,” with Preventive Detention act orders issued on June 25 by the District Collector.
• Bank accounts connected to Mr. suri’s group have been frozen while lookout notices were issued across India in coordination with Enforcement Directorate investigations into his business “Sri Venkateswara dall Mill.”
• Reports indicate victims were silenced through intimidation; SP Ratna encouraged whistleblowers to confidentially report details via phone or email with guarantees of anonymity and potential rewards.

Indian Opinion Analysis:

The crackdown on moramsetty Suresh highlights ongoing challenges in combating white-collar crime and organized fraud within india’s economic framework involving small businesses-key drivers of economic activity at grassroots levels across diverse regions like Rayalaseema districts or northern states mentioned in this case.

The designation under Andhra Pradesh’s “Goonda” law reflects escalating criminal influence tied strongly social-economic stakes intertwined potentially undermining trust*emplacement tighter regulatory dynamics coupled targeted enforcements likely reassuring.significant