Another cheating case related to actress Gautami has resurfaced following investigations by the Enforcement Directorate in Chennai and Madurai. The case is linked to claims made against illegal transactions of assets worth around Rs 25 crore owned by the actress. The fraud case received a lot of publicity due to the involvement of a person trusted to manage his property. Officials are now examining financial transactions and property records linked to the allegations.
Allegation of abuse of authority against property manager
According to the complaint, Gautami had appointed film producer Algappan as her power of attorney years ago when she was dealing with health issues. As reported by News18, the arrangement was intended to assist in the management and protection of his property. However, the actress later alleged that the power given to her was misused. Instead of protecting his property, he illegally transferred several of his properties. The complaint also stated that some valuable land owned by Gautami was illegally disposed of, causing huge loss to her.
The land deal worth crores is under investigation
This includes the proposed sale of a 46-acre piece of land in Sriperamubudur, as well as a large tract of land in Ramanathapuram district. Gautami claimed that both these transactions were fraudulent and were done by several people. A police case has been registered against Algappan, his family members and other persons allegedly involved in such transactions. It is being investigated whether the money earned through these contracts has been invested in purchasing property in the names of relatives and others.
The aim of ED search is to trace the money trail
The Enforcement Directorate started the investigation after receiving various case papers, property documents and financial information related to the complaint. There are suspicions that illegal financial transactions involving the property in question may have occurred. Investigations are currently underway in Chennai and Madurai at various locations linked to the accused persons. Various financial documents and information are being studied to ascertain the degree of alleged fraud through this investigation. As investigations intensify, the case involving the Rs 25 crore property fraud has once again become a hot topic.Disclaimer: The financial figures mentioned above are based on publicly available information and affidavits and are estimates unless officially specified.
