Southern States - Tamil Nadu-Chennai   

Gold Quest chief surrenders passport

By Our Staff Reporter

CHENNAI SEPT. 20. The director of Gold Quest International Private Limited, which was recently proceeded against for `defrauding' customers, has surrendered her passport to the Metropolitan Magistrate Court at Egmore as part of the bail conditions.

According to a police press release, Pushpam, along with the company officials here, Joseph Augustine, Pushpendra Kumar and Feroze Khan, who were all arrested in connection with complaints of multilevel marketing irregularities, were granted conditional bail.

While Ms. Pushpam has been directed to stay at Coimbatore and sign before the judicial magistrate court there, others have been asked to sign at the Central Crime Branch office here daily.

Criminal proceedings were initiated against the company, engaged in minting gold coins of numismatic value, following complaints that it had collected Rs. 24,000 each from thousands of customers but failed to give them the promised gold goods.

The police have already sealed the company premise on McNichols Road at Chetpet.

Printer friendly page  
Send this article to Friends by E-Mail

Southern States

News: Front Page | National | Southern States | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts: Classifieds | Employment | Obituary |

Stories in this Section

• `Prohibit school authorities from calling in police'
• Mobile distribution of Yellow Pages
• Probe Koyambedu land ownership, TNCC tells CM
• Strokes of compassion
• Discharge of Advani regrettable: Elangovan
• ELCOT, SETS to work on secure systems
• Decision on original licence deferred
• SHRC notice to Boys director, producer
• Red Sanders seized
• Gold Quest chief surrenders passport
• BDS counselling on September 23
• CMDA advt. violative of norms: architects

Copyright © 2003, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu