 "US jury, Prithvi Information Solutions")
A grand jury in the United States has indicted promoters of an Indian listed company for alleged financial irregularities. The jury of a district court in Seattle has confirmed various charges brought against Madhavi Vuppalpati and her brother Satish Vuppalpati, promoters Hyderabad-based IT company Prithvi Information Solutions by a US-based financial service provider Kyko Global. Two other employees of Prithvi have also been indicted.
An indictment order dated December 13 said the grand jury charged “Together with their conspirators, Madhavi and Satish Vuppalpati orchestrated a factoring fraud scheme that resulted in millions of dollars of loss to a company
An indictment order dated December 13 said the grand jury charged “Together with their conspirators, Madhavi and Satish Vuppalpati orchestrated a factoring fraud scheme that resulted in millions of dollars of loss to a company
