5 months ago
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The Vissannapeta constabulary launched a hunt for ‘Life is Beautiful’ CEO Shivani, who allegedly duped the nationalist by promising jobs and bully returns for their deposits.
Victims alleged that Shivani and her hubby Durga Prasad (who ended his life) launched ‘Life is Beautiful’ steadfast 2 years agone successful Vissannapeta successful NTR district.
The mates assured to connection jobs to the members and bully returns for their deposits. Durga Prasad and his woman allegedly collected astir ₹20 crore from immoderate thousands of radical successful Andhra Pradesh and Telangana States, and closed the institution a fewer days ago.
Unable to carnivore the fiscal problems, Durga Prasad, who was the managing manager of the company, reportedly ended his beingness successful October 2025.
“The accused opened LB Mart successful Vijayawada. The MD and CEO said they person taken up immoderate 200 projects astatine assorted places, and the household members of the depositors would beryllium provided jobs successful their projects,” the complainants alleged.
The victims lodged complaints with the officials, and the Vissannapeta constabulary registered a case. “Special teams are making efforts to nab the accused who resorted to the fraud,” the constabulary said connected Tuesday (December 16, 2025).
