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Home Co-op News Snippets

EoW bid to sensitize PACS members in TN

Parasnath by Parasnath
April 1, 2015
in Co-op News Snippets
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Economic Offences Wing (EOW) and Commercial Crime Investigation Wing (CCIW) of police department and Revenue Department held a meeting at the primary agricultural cooperative rural development bank ,Thurinjapuram in Mallavadi village in Tamil Nadu to spread awareness on fraudulent financial companies, the Hindu reports.

Tiruvannamalai Tahsildar Murugan, Deputy Registrar of Cooperative Societies Nandhakumar, Primary Agricultural Cooperative Credit Society president Govindasamy, CCIW inspector B.Manoharan, Sub Inspectors Manonmani and Prema attended the meeting.

There was general consensus about stopping a sudden growth of financial companies that offered attractive returns. Many collect crores of rupees from people in the guise of online trading and vanish. Most of the victims happen to be daily wage earners, salaried class and pensioners.

Tags: CCIWcooperativesEOWMallavadipacstamil nadu
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