Hyderabad IT Company Scandal: 600 Job Seekers Defrauded By False Promises

In a disturbing turn of events, a Hyderabad-based IT company has been exposed for defrauding around 600 job aspirants. Operating out of Ayyappa Society in Madhapur, the company allegedly collected Rs. 1.5 lakh from each individual with the promise of providing well-paying jobs after completing training.

The deceit unfolded after the company conducted its training sessions but failed to deliver on its promises. The firm assured candidates that they would secure jobs with an initial salary of Rs. 15,000 per month, with a future increment to Rs. 25,000. However, once the training was completed, the company neither offered placements nor paid any salaries. Shockingly, the business was abruptly shut down, leaving many aspiring professionals in the lurch.

Upon realizing they had been duped, the victims reported the incident to the Madhapur Police Station. The police investigation revealed that the fraudulent company also had branches in Bengaluru and Vijayawada, broadening the scope of the scam. The authorities have since registered a case and are actively investigating the matter to bring those responsible to justice.

This incident highlights a severe breach of trust in the IT recruitment industry, underscoring the urgent need for greater vigilance and regulation to protect job seekers from such scams.