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Spotlight: Devineni Prasad Did Scam With 'Shankardada Zindabad'
Devineni Parasad Babu is the name that's heard with a scam of Rs 5 to Rs 8 crore. It is said that he took a Scorpio van from Sreekakulam to Bangalore and when discovered that the police of two states are searching for him, he left for Dubai .
Police said that Prasada Babu bluffed many distributors saying that he would work for getting the area wise distribution rights of Chiranjeevi's film 'Shankardada Zindabad'. Adding to this he also took money from many people. He gave a sum of Rs 10 lakhs as an advance to purchase the rice mill in Tekkali. It is also said that the Rs 10 lakhs he paid to rice mill owner is a debt taken from an advocate. Adding to this, he also took debts from many jewelry merchants as well.
Apart from this, the lady who stands beside him as wife is not a real wife but a dupe. It seems that Prasad Babu made an agreement with her for Rs 1 lakh to act as his wife.
Prasada Babu is a criminal of all sorts but his name is discussed well as he made scam with SZ.
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