Missing Hyderabad Couple's Switzerland Trip Under Scrutiny as Police Probe ₹50 Crore Investment Allegations
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Summarized by AI; it may make mistakes. Check important info
A businessman and his wife from Hyderabad, who travelled to Switzerland for a holiday nearly three weeks ago, have been reported missing, with police also investigating allegations that the couple may have fled after collecting nearly ₹50 crore from investors.
The missing couple has been identified as Pabba Chandrasekhar (51), a businessman, and his wife Swapna (42), a homemaker. According to their daughter, the couple left for Switzerland on June 22 and remained in touch with family members until July 8, after which all communication abruptly stopped.
Daughter Files Missing Complaint
Concerned after repeated calls went unanswered, the couple's 23-year-old daughter, Shreya, a software professional, approached the police and filed a missing persons complaint.
According to the complaint, both Chandrasekhar's and Swapna's mobile phones have remained switched off or out of network coverage since July 8.
Police have registered a missing persons case and launched an investigation.
Police Verify Travel Records
Investigators are verifying the couple's travel itinerary, immigration records and financial transactions to establish their whereabouts and confirm whether they entered Switzerland as claimed.
Officials said all possible angles are being examined, including whether the couple voluntarily disappeared.
₹50 Crore Investment Allegations Under Scanner
Police are also looking into allegations that Chandrasekhar and his wife collected nearly ₹50 crore from more than 60 people over the past few years by promising attractive investment returns, as per reports.
According to investigators, the couple allegedly sought money from investors citing various personal and business requirements.
However, police clarified that no formal cheating case has been registered against the couple so far.
Investigation Continues
Officials said the missing persons investigation is ongoing and that all possibilities—including voluntary disappearance and potential financial irregularities—are being examined.
Police have appealed to anyone with information regarding the couple's whereabouts or recent movements to come forward.
