Major Gold Scam Uncovered in Wanaparthy District
A significant gold scam has been exposed in Atmakur, Wanaparthy district, leaving many residents shocked. A group of gold traders has been accused of running a fraudulent operation involving mislabeled gold and illegal trade practices.
Reports suggest that the traders have been selling 22-carat gold while falsely claiming it to be 24-carat, deceiving customers and making large profits. Adding to the controversy, it is alleged that they are also buying stolen gold from Kurnool and reselling it under false labels.
These fraudulent activities have caused serious concern among both local residents and authorities. Many customers who purchased gold from these traders are now questioning its authenticity and worrying about potential financial losses.
The authorities have begun investigating the matter and are expected to take strict action against those involved. Officials have also advised citizens to exercise caution when buying gold and to verify its purity through reliable sources.
