Anchor Suma issues clarification amid real estate fraud
Published on Aug 7, 2024 4:58 pm IST


Popular anchor Suma has landed in a major controversy. A few years ago, Suma served as the brand ambassador of a fraudulent real estate company named Raki Avenues. Suma was featured in several advertisements in which Raki Avenues promised construction of 3BHK properties for Rs 26 lakhs in cities like Vijayawada and Rajahmundry.

Several middle-class people who saw the advertisements starring Suma invested lakhs of their hard-earned savings. However, Raki Avenues cheated the investors and didn’t lay even a single brick to date. The company’s founder and MD, Ramayya, is currently absconding after cheating his customers to the tune of Rs 10 crore. The distraught customers sent legal notices to Suma and Raki Avenues and also requested the government to bail them out.

In this scenario, Suma took to Instagram and issued a clarification. She said that she had offered her professional services to Raki Avenues from 2016 to 2018. “I would like to clarify that these advertisements are now unauthorized, and I do not in any instance represent Raki Avenues after the aforementioned period. I am addressing this issue and taking appropriate legal action against all related parties to resolve it,” the star anchor wrote in her post.

Suma concluded her post by requesting everyone to verify any advertisements, promotions, or videos directly from only official channels to avoid misinformation. She thanked everyone for their support and understanding.