Daijiworld Media Network- Mangalore (RS/SB)
Mangalore, Aug 26: Vinivinc Shastri alia K Shrinivas Shastri, infamous for multi-crore Vinivinc scam wherein he failed to pay Rs 203 crore to over 20,000 investors attended a hearing in the district court here on Thursday August 27.
He attended the hearing related to a case of fraud filed against him in the district court. Advocate S P Chengappa said that Vinivinc had a branch in the city as well. But this case of fraud against is false and baseless.
Shastri was released on a bail granted by the Supreme Court in the month of July on assurance that he would repay all his investors.