Co-op. Society accused of cheating RD and FD money of share holder

Co-op. Society accused of cheating RD and FD money of share holder

July 7, 2022

Mysore/Mysuru: A Co-operative Society of the city has been accused of cheating a share holder of RD (Recurring Deposit) and FD (Fixed Deposit) money.

Fifty-year-old Sowbhagya, a teacher from Akkihebbal in K.R. Pet taluk of Mandya district, had deposited Rs. 3 lakh as FD and monthly RD of Rs. 2,000 at Vajragiri Souharda Co-operative Society located on D. Subbaiah Road in city a few years ago.

As the terms of both the FD and RD expired in January 2019, Sowbhagya sought repayment of money. But the Co-operative Society, of which she is a share holder, failed in returning the money due to her, following which Sowbhagya lodged a complaint with the jurisdictional Lakshmipuram Police accusing the Society President, Vice-President and other Directors of cheating her.


Mysuru’s favorite and largest circulated English evening daily has kept the citizens of Mysuru informed and entertained since 1978. Over the past 45 years, Star of Mysore has been the newspaper that Mysureans reach for every evening to know about the happenings in Mysuru city. The newspaper has feature rich articles and dedicated pages targeted at readers across the demographic spectrum of Mysuru city. With a readership of over 2,50,000 Star of Mysore has been the best connection between it’s readers and their leaders; between advertisers and customers; between Mysuru and Mysureans.


Academy News Papers Private Limited, Publishers, Star of Mysore & Mysuru Mithra, 15-C, Industrial ‘A’ Layout, Bannimantap, Mysuru-570015. Phone no. – 0821 249 6520

To advertise on Star of Mysore, email us at

Online Edition: [email protected]
Print Editon: [email protected]
For News/Press Release: [email protected]