7 directors of multi-level marketing firm arrested

February 09, 2013 / 17:39 IST

Kozhikode, Feb 8 (PTI) Seven directors of a multi-level marketing firm have been arrested for allegedly cheating the public across Kerala of Rs 52 crore, police said. They were arrested by the Economic offences wing police here on the charge of violating the Prize Chits and Money Circulation Schemes (Banning) Act. All of them surrendered before the Investigating Officer, after the High Court recently rejected their anticipatory bail, police said. PTI TKK APR PMS SS

first published: Feb 9, 2013 01:02 am

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