Popular singer Mangli, known for her powerful voice and growing popularity in Kannada music as well, has landed in legal trouble following allegations of financial fraud amounting to nearly ₹10 crore. A case has been registered against her and her brother at the Punjagutta Police Station based on a complaint filed by a lawyer.
According to the complaint, Mangli and her brother are accused of collecting large sums of money from multiple individuals under the pretext of high-return investments. It is alleged that they were involved in a microfinance-like operation, where they promised lucrative profits to attract investors.
Reports suggest that nearly 100 people invested money after being assured of substantial returns within a specific timeframe. However, the complainants claim that neither the promised profits nor the original invested amounts were returned even after the agreed period had passed.
The complaint was reportedly filed by advocate Subbarao, who approached the police after being contacted by several alleged victims. The victims claimed that repeated attempts to recover their money were unsuccessful.
More seriously, the complaint also alleges that when the lawyer demanded repayment on behalf of the victims, Mangli and her brother Shiv issued threats. Based on these allegations, the police have registered a case under relevant sections of the Indian Penal Code, including provisions related to criminal intimidation and use of force.
Authorities are currently investigating the financial transactions and verifying the claims made by the complainants. Officials are also looking into bank records and other documents to trace the flow of funds and determine the scale of the alleged fraud.
Mangli, who has gained fame for her folk-style singing and energetic performances, enjoys a significant fan following, particularly in Telugu-speaking regions and parts of Karnataka. The allegations have come as a shock to many of her fans and followers.
Police officials have stated that further action will depend on the findings of the investigation. If the allegations are proven, strict legal action could be initiated against those involved.
The case highlights the risks associated with informal investment schemes that promise unusually high returns. Experts advise individuals to exercise caution and verify the legitimacy of financial ventures before investing money.
As the investigation unfolds, more details are expected to emerge regarding the alleged fraud and the number of people affected.
