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28 Mar 2024, Edition - 3180, Thursday

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Coimbatore

Mother, son get 10 years jail term for poultry scam

Covai Post Network

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A special court for the Tamil Nadu Protection of Interests of Depositors Act (TNPID) in Coimbatore sentenced a woman and her son to 10 years of imprisonment for cheating 76 depositors to the tune of Rs 1.15 crore in a poultry scam that had its roots in Erode in 2012. They were also ordered to pay a penalty of Rs 75 lakh.

Judge AS Ravi issued a non-bailable warrant against the mother-son duo G Mallika (41) and Mukesh (21), belonging to Salem, since they didn’t appear before the court on Wednesday.

Mallika along with her sons – Mukesh and Manoj Kumar (19), and husband SK Ganesan (47) had started two poultry companies in March 2012 – Raja Rajeswari Poultry Farm and Sri Raja Rajeswari Poultry Farm in Perundurai of Erode district.

They offered a scheme where if depositors paid Rs 1 lakh, they would get 375 chickens and fodder. They also announced that the companies would additionally give them Rs 7,000 as maintenance charge every month and a further Rs 8,000 as an incentive every year. They also promised the depositors that at the end of the third year, they would get back the invested money, all of which turned out to be castles in the air.

Post one VP Nachimuthu, 64, of Bhavani in Erode district, filing a complaint with the Economic Offence Wing (EOW) of the police department in Erode in November 2012, all were booked for offenses under Section 420 (cheating) of the Indian Penal Code and Section 5 of the TNPID Act and were subsequently arrested.

As Ganesan died two months ago, the case against him stands abated while the one on the younger son, Manoj, has been transferred to the Juvenile Justice Board in Erode.

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