Miyapur land scam took a new turn with family members of Goldstone Prasad writing letters to PMO, ED and SEBI about frauds committed by him. In the letter, they said Prasad cheated banks in the US by 30 million dollars. After he came back to India, Prasad set up shell companies in involved in land scams.
Coming to know about Prasad, former Chief Minister YS Rajasekhara Reddy informed to the UPA government but no action was initiated against him. It is learnt that he had close links with UPA leaders.