A ₹10 crore microfinance fraud case has gone viral involving Mangli.
Some people alleged that her name was used to attract investors in a scheme promising high returns.
Police registered cases (FIRs), and the issue became a big legal fight.
👉 Mangli’s response:
She strongly denied all fraud allegations, saying she has no connection with such business deals.
⚖️ Case getting more serious
Both sides have filed complaints → dual FIRs registered.
There are also claims of:
threats
manipulated videos
reputation damage
Recently, Mangli filed a new complaint accusing extortion and intimidation.
Popular Telugu folk singer Mangli (Satyavathi) has been named in a police complaint alleging a ₹10 crore fraud linked to a microfinance scheme in Hyderabad. The complaint alleges investors were misled by promises of high returns, while Mangli has filed a counter-complaint, denying involvement and alleging harassment by the complainant, an advocate.
Key Aspects of the Alleged Scam:
Case Details: The Punjagutta police in Hyderabad booked a case against Mangli and her brother, Shiva, for alleged cheating and criminal intimidation.
The Allegations: An advocate filed the complaint, alleging that around 100 people were lured into investing money in a fraudulent microfinance scheme that promised high returns.
Initial Reports/Controversy: Early reports or rumors suggested a much larger, roughly ₹150 crore scam, though the official case centered around a ₹10 crore fraud.
Mangli’s Response: Mangli has vehemently denied any involvement in the scandal, calling the allegations fabricated, and filed a complaint against the lawyer accusing her, claiming he is trying to tarnish her image and is threatening her.
Victims’ Claims: Several people have claimed that the accused used the singer’s reputation and celebrity status to gain trust and secure investments.
