Popular anchor Suma issues clarification amid real estate fraud controversy, denies any association with Raki Avenues since 2018.
Anchor SumaReal Estate ControversyRaki AvenuesFraudsCelebritiesReal EstateAug 07, 2024
Anchor Suma is caught up in a controversy surrounding a fraudulent real estate company named Raki Avenues, where she served as the brand ambassador from 2016 to 2018.
Raki Avenues promised construction of 3BHK properties for Rs 26 lakhs in cities like Vijayawada and Rajahmundry.
Suma has issued a clarification on Instagram, stating that she had offered her professional services to Raki Avenues from 2016 to 2018 and is not associated with the company anymore. She is also taking legal action against the company.
Ramayya is currently absconding after cheating his customers to the tune of Rs 10 crore.
The controversy highlights the need for caution and due diligence while investing in products or services and also serves as a reminder for celebrities to be responsible while endorsing products or services.
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MahaRERA has recently directed a real estate developer near Mumbai to disclose details about any pending litigation to the public. This highlights the importance of checking for legal issues before buying an apartment.