The Bachupally police arrested a man for allegedly cheating around 137 unemployed youth by promising jobs in reputed multinational companies through a fake recommendation-based recruitment scheme.
The accused and his associates are suspected to have collected nearly Rs 50 lakh from the victims.
Police said the case was registered on February 14 following a complaint from Kasula Jagadeesh (34), a resident of Nizampet.
According to the complainant, three persons — Ajay
Jakkula, Sravani Kondaji and Sadgun Sadhula had claimed they could arrange jobs in companies such as Cognizant, JPMC, Amazon, EPAM, Qualcomm and Wells Fargo.
Police said the suspects had convinced job seekers that they could secure placements through a recommendation appointment scheme and demanded payments ranging from Rs 20,000 to Rs 90,000 depending on the post.
Police said about Rs 47.20 lakh was transferred through different accounts, while the total number of victims identified so far stands at 137.