Hyderabad Man Faces Rs 670-Crore Investment Fraud Allegations Involving 7,400 Investors
Nanavath Bhupal Naik, a former mason and petrol pump attendant from Telangana, is accused of orchestrating a Rs 670-crore investment fraud involving about 7,400 investors across India. He allegedly promised nearly 4% monthly returns through two companies, Shares Bazaar Pvt Ltd and Kisaan Parivar Ltd, without proper authorization. The Cyberabad Economic Offences Wing is investigating multiple cases, tracing assets and receiving over 500 complaints. Authorities say Naik used new investors' money to pay earlier returns, a scheme that collapsed in 2025.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is negative (28/100). Lens Score 55/100.
Outlets measured: mint, economictimes. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (28–28/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
economictimes broke this story on 9 Nov, 06:38 am. Other outlets followed.