ED files PMLA complaint against Sun Pariwar Group over ₹158 crore fraud

The Directorate of Enforcement (ED), Hyderabad filed a prosecution complaint under the Prevention of Money Laundering Act (PMLA), 2002, against M/s Sun Pariwar Vupadi Management Pvt Ltd. The Special PMLA Court of the Metropolitan Sessions Judge, Rangareddy, took cognisance of the complaint on December 10. The ED initiated its investigation following multiple FIRs registered by Telangana police against M/s Sun Pariwar, its promoter Methuku Ravinder, and his close associates for allegedly cheating investors under the guise of offering high returns through Sun Pariwar Group companies and Sun Mutually Aided Thrift and Credit Co-operative Society Limited. Investigators found that Ravinder and his associates collected approximately ₹158 crore from more than 10,000 investors, which has been classified as proceeds of crime. Investigations revealed that the accused floated several schemes promising returns of up to 100% per annum. Various companies under the Sun Pariwar umbrella, including Methuku Chit Fund Pvt. Ltd, Methuku Ventures Ltd, Metsun Nidhi Ltd, Methuku Herbal Limited, and Methuku Medical and Herbal Foundation, were used to collect funds, which were then siphoned off to acquire movable and immovable assets in the names of Ravinder and his associates. Further, ED found that Ravinder established additional entities, including M/s Pudami Agro Farm Lands, M/s Pudami Infra Projects (India) Ltd, and M/s Divine Infra Developers, under the names of close associates, and launched new ponzi schemes to continue luring investors. The proceeds from these schemes were also allegedly channelled into acquiring assets in the names of these entities. Earlier, the ED had attached movable and immovable properties worth ₹25.2 crore belonging to Ravinder, his family members and close aides. Further investigation is under way. Published - December 23, 2025 07:30 pm IST

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