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Victims of Rs 700-Crore Mylapore Fund Scam Demand Fast-Track Court Proceedings

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A major financial fraud case has emerged around the Mylapore Hindu Permanent Fund Nidhi, a fund-based financial institution based in Chennai's Mylapore area. The scheme, allegedly worth Rs 700 crore, has left numerous depositors without access to their money. The fund was headed by entrepreneur and politician Devanathan Yadav, who has since been arrested in connection with the alleged scam. Victims are urgently calling for fast-track judicial proceedings, citing immediate financial hardship caused by their inability to recover deposited funds.

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