2 Directors Get 27 Years In Jail For Cheating Depositors In Tamil Nadu
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Paazee Forex Scam: The Court also slapped a fine amounting to Rs 171.74 crore on them. (Representational)New Delhi: A court in Tamil Nadu's Coimbatore on Friday sentenced two directors of Paazee Marketing Company to 27 years of imprisonment and slapped a fine amounting to Rs 171.74 crore on them in a case related to cheating public depositors to the tune of Rs 870.1 crore.The CBI in the press statement said that the Court sentenced K Mohanraj and Kamalavalli both directors of private firms to undergo twenty-seven years of rigorous imprisonment (consecutively for all sections) with a fine of Rs 42.76 crore each and imposed a fine of Rs 28.74 crore each on three private firms...Paazee Forex Trading India Private Limited, Paazee Trading Inc. and Paazee Marketing Company.The agency sa...