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Partner of Indian company involved in fraud surrenders in USA

In a major boost to the ongoing investigation being done by the United States Department of Justice (DoJ) into a white-collar fraud involving an Indian BSE-listed company in USA, one of the four wanted partners has surrendered before a district court

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The DOJ will approach the Indian government to seek the extradition of accused siblings Satish and Madhavi Vuppalapati
The DOJ will approach the Indian government to seek the extradition of accused siblings Satish and Madhavi Vuppalapati

In a major boost to the ongoing investigation being done by the United States Department of Justice (DoJ) into a white-collar fraud involving an Indian BSE-listed company in USA, one of the four wanted partners has surrendered before a district court in Washington on January 18. mid-day had reported about the probe on December 18, 2017 in '4 desis indicted for cheating Pune NRI of $18 million'. The accused who recently surrendered is Guru Prasad Rao, who hails from Hyderabad and is based in New Jersey. He is one of the four wanted partners from Prithvi Information Solutions Ltd. (PISL), which is an IT services company incorporated in India that works with various American companies.

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