Three fresh complaints of fraud against Power Star Srinivasan

Bookmark and Share

Wednesday, May 01, 2013

Three fresh complaints of fraud against Power Star Srinivasan

Actor Power Star Srinivasan was arrested on charges of fraud and has been imprisoned in Vellore Central Jail.  In a development, three more complaints of fraud have been filed against Power Star Srinivasan. 


Devadasan, hailing from Kannanur, Kerala, filed complaint with Chennai Police Commissioner. The petition by Devadasan read: -

‘I am a shareholder in Kannanur jewellery shop.  I planned expanding my business. Christopher from Chennai introduced himself to me saying he is agent for Baba Trading Company owned by Power Star Srinivasan.  Also, he said that he would arrange for loan.  The next week, I met Srinivasan in Baba Trading Company and requested a loan of Rs 6 crore.  Following my request, Srinivasan enquired about properties I own.  Then, he said that he would arrange for loan of Rs 5.35 crore and that he should be given commission of Rs 21.50 lakhs. 

In August 2010, I presented him a cheque of Rs 21 lakhs and Rs 50 000 as cash.  Upon reception of the money, he guaranteed that I would receive the loan within ten days.  So as to receive the loan, I met him several times.  But, he did not get me the money.  In September 2010, he said he needs to look at the Jewellery Shop in Dubai.  I spent money of Rs 1.60 lakhs and took Srinivasan and two of his accomplices with me.  After returning, he promised that he would arrange for loan.  

Then, in 2012 May, I went to his office in Anna Nagar.  He presented me a cheque such that I could draw money from bank in Nungambakkam.  When I tried to draw money, they said that the signature has been forged and refused to give money.  Only then, I realized that Power Star had been cheating me.  The first week of last January, I told Srinivasan that I do not need a loan and asked him to return the commission of Rs 21.50 lakhs.  He presented me a cheque for Rs 20 lakhs such that I could draw money from Kotak Mahindra Bank.  When I deposited the cheque in the bank, it bounced as there was no money in the account.  So, action should be initiated against Power Star and his agent Christopher such that I get back my money.’

Chenna Krishnan from Hosur, Krishnagiri District, has filed complaint that Power Star defrauded him of Rs 10 lakhs promising him a loan of Rs 1 crore. 

Kalyana Sundaram from Anna Nagar, Chennai, has filed complaint that Power Star Srinivsan needs to pay rental balance of Rs 1.80 lakhs.  As complaints of fraud are pouring in, directors hesitate to sign Power Star Srinivasan for their upcoming flicks.  It is reported that directors are contemplating dropping out Power Star from their ventures.

Tags: three fresh complaints of fraud against power star srinivasan, Power Star Srinivasan Tamil movies Tamil Cinema News.


Post your comment about three fresh complaints of fraud against power star srinivasan







Latest Gallery