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Hyderabad Couple Disappear After Telling Daughters They Were Flying to Switzerland; Police Probe Alleged ₹50-Crore Chit Fund Scam

Police are verifying travel and banking records as they investigate claims the couple collected nearly Rs 50 crore from more than 60 investors.

  • Hyderabad-Based businessman Pabba Chandrasekhar and his wife Swapna went missing during a vacation in Switzerland after departing on June 22, with police unable to confirm whether they ever boarded a flight.
  • Before leaving India, the couple allegedly collected nearly Rs 50 crore from more than 60 investors by promising attractive returns, citing personal and business-related financial requirements.
  • Their daughter, 23-year-old software professional Shreya, approached police to register a missing persons case after both parents became unreachable following July 8, with repeated contact attempts failing.
  • Investigators are now scrutinizing the couple's travel itineraries, immigration records, and financial transactions to establish a clear timeline of events and verify their entry into Switzerland.
  • Officials clarified that no formal cheating case has been registered against the couple yet, though authorities are keeping all possibilities open, including voluntary disappearance or financial motive.
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The Siasat Daily broke the news on Friday, July 10, 2026.
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