Fraud IT Company unveiled

Hyderabad, Sept 12: Another fake IT company has cheated the employees. A bogus IT company named as Richiees IT Infotech has duped its employees. Police said that the accused named Abdul Vaseem had started the company titled Riches IT Infotech six months ago on the fourth floor of the South India Shopping Mall Building in Gachibowli.

Around 47 employees are working in the company.Some employees have complained to the police on Monday, some of the employees demanded their salaries, some pleaded that at least their deposit money if should be given.

The accused has collected Rs.60000 per head from 25 Freshersand has duped the company after 2 months of training. He has appointed 22 senior employees. The Freshers have not yet paid any salaries till now. He paid a month's salary to senior employees and he was skipping out for six months.
 
On August 1, Waseem has given the cheques dated on Aug 15th to some employees. Those cheques bounced. Thus, the company's founder Waseem has disappeared a week ago. The employees claimed that Inspector Gangadhar told them to come on Tuesday.