Home Hyderabad, Telangana Singer Mangli Accused in ₹150 Crore Microfinance Scam: Tribal Leader Alleges ‘We Were Cheated’
Hyderabad, TelanganaCrime

Singer Mangli Accused in ₹150 Crore Microfinance Scam: Tribal Leader Alleges ‘We Were Cheated’

Singer Mangli faces serious allegations in a ₹150 crore microfinance scam. Tribal JAC leader claims she and her brother cheated people.

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Mangli scam news, Ramavath Madhu case, microfinance fraud Telangana, singer Mangli allegations, ₹150 crore scam India, Cyberabad police case
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Hyderabad:
Popular folk singer Mangli has come under fresh scrutiny as serious allegations emerge linking her to a massive microfinance scam reportedly worth over ₹150 crore.

Girijana JAC President Sampath Naik has accused Mangli and her brother of cheating several people, claiming they were directly involved in the fraudulent activities.


⚠️ ‘Mangli and Her Brother Cheated Us’

Addressing the media, Sampath Naik alleged:

  • Mangli, along with her brother, played a direct role in the scam
  • Victims were lured in the name of microfinance schemes
  • Large sums of money were collected with promises of returns

“Mangli and her brother together cheated us,” he claimed, adding that she is now trying to escape responsibility.


🔍 Main Accused & Scam Details

The case revolves around the prime accused Ramavath Madhu, who was recently arrested by Cyberabad Police.

  • The scam allegedly involved collecting nearly ₹150 crore
  • Operated under the guise of microfinance and investment schemes
  • Multiple victims across regions were targeted

Sampath Naik alleged that Mangli had a key role alongside Madhu in executing the scheme.


🔥 Allegations of Cover-Up

Naik further claimed that:

  • Mangli is attempting to shield her brother from legal action
  • She is making false statements in media appearances
  • Efforts are being made to mislead the investigation

💰 ₹80 Lakh Collection Claim

In a sensational claim, Naik also alleged that:

  • Around ₹80 lakh was collected from the grandson of a former Karnataka minister
  • This indicates the scam targeted even high-profile individuals

🧾 Previous Developments in the Case

Earlier reports in the case revealed:

  • Cyberabad Police arrested Ramavath Madhu after he remained absconding
  • The arrest is expected to uncover key details and financial trails
  • Allegations were also raised against Mangli and her brother by advocate Subbarao

Investigators believe the case could involve a larger financial network, and Madhu’s custody may help reveal:

  • How funds were collected
  • Where the money was routed
  • Who else was involved

⚖️ Legal Status & Investigation

  • Police are currently probing all angles, including Mangli’s alleged involvement
  • No official charges have been conclusively proven against her yet
  • Authorities are examining financial records, victim statements, and digital evidence

📊 Conclusion:

The controversy surrounding Mangli has intensified with fresh allegations from community leaders. While the investigation is ongoing, the case has raised serious concerns about fraud in the name of microfinance schemes and the involvement of influential individuals.

The coming days are likely to be crucial as investigators work to establish the full extent of the scam and verify the claims made against the singer.

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Written by
Indra Shiva - Editor in Chief

Indra Shiva is the Founder and Editor-in-Chief of IMN India, a Delhi-based national digital news media network. He oversees editorial strategy, breaking news coverage, and content standards across the platform. Alongside his media venture, he is the Founder and CEO of Luxury Shukra, a premium women’s ethnic wear brand. His work focuses on delivering timely, accurate, and trustworthy news content, contributing to the growth of independent digital journalism in India.

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