Tomy and Shiny, a couple originally from Kerala, have been accused of orchestrating a massive financial scam in Bengaluru through their company, ‘A&A Chits and Finance’. For 25 years, they operated this chit fund institution, enticing investors with promises of high returns ranging from 15 to 20 percent. Initially, the couple built trust by delivering consistent returns, which encouraged more people to invest their savings. However, the situation took a drastic turn when the payouts abruptly stopped, and the couple became unreachable.

The scheme’s collapse has left at least 300 investors in distress, many of whom had invested significant amounts of money. Some victims reportedly sold properties or used funds earmarked for crucial expenses like children’s education and medical needs. The sudden disappearance of Tomy and Shiny has sparked a police investigation, with authorities launching a manhunt to locate the couple. Reports indicate that they may have liquidated their assets before fleeing, leaving investors in financial ruin.

The incident mirrors the plot of the Bollywood film ‘Phir Hera Pheri’, where characters fall victim to a similar get-rich-quick scheme. In this real-life scenario, the victims are grappling with the harsh reality of losing their life savings. The police are actively pursuing leads to track down Tomy and Shiny, who are believed to have left Bengaluru. The case highlights the risks associated with high-return investment schemes and serves as a cautionary tale for potential investors.