IIT dropouts caught in a Rs.30 cr fraud

Either they were college dropouts or otherwise but whatever talent in possession was grossly misused when four IIT dropouts of Khadagpur were nabbed for duping Rs.30 crore by floating a fake multi-level marketing company in Cyberabad in Hyderabad. The four accused have been arrested by the Cyberabad police. The thugs enrolled about 40,000 distributors who had coughed off Rs.4,000 each for enrollment.