Hyderabad police last night arrested film producer Mr Nandi Srihari for duping gullible people to the tune of Rs.90 Cr through a multi level marketing scheme.
Mr Srihari is the producer of the movie ‘Nagaram Nidrapotunna Vela’ which flopped at the box office. He is producing another movie with Jagapathi Babu and Real Star Sri Hari in the main roles. But with his arrest, the shooting of the movie is bound to be abandoned mid-way.
Task force police said Mr Nandi Srihari had launched a multi level marketing firm in the name of Gurudev Marketing and collected crores of rupees from the innocent people. The scheme involved selling of real estate plots at various levels.
He would be produced before the Nampally criminal court today.
