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flag DB Stock Broking manager arrested for defrauding investors of ₹7 crore through fake schemes.

flag Vijji Jagadeesh Chandra Prasad, a manager at DB Stock Broking in Hyderabad, has been arrested for allegedly defrauding around a dozen investors of ₹7 crore through false investment schemes promising high returns. flag Alongside owner Deepankar Barman, Prasad closed the operation in July 2024, leaving investors without their money. flag The Telangana Police have issued warnings about such fraudulent schemes following this incident.

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