Rs 45 crore deal in 3 months: Fake entrepreneur taken into custody for duping businessmen
Preliminary investigations reveal that the accused allegedly had financial dealings amounting to Rs 45 crore in three months.
According to sources, the accused targeted wealthy individuals, projecting himself as a successful businessman. He would win their trust through persuasive conversations and invite them to his opulent bungalow in Jeppinamogaru. Impressed by his lifestyle and the setting, many agreed to engage in high-value real estate or loan transactions, said sources.
You Can Also Check:
Bengaluru AQI
|
Weather in Bengaluru
|
Bank Holidays in Bengaluru
|
Public Holidays in Bengaluru
It is suspected that once the initial talks were successful, the accused would demand large amounts, typically Rs 5-10 crore as "stamp duty" payments, claiming it was required to process deals worth Rs 50 crore or more.
Over the years, he is believed to have used this tactic to cheat multiple victims, with the total amount suspected to exceed Rs 200 crore. However, investigations are ongoing and the exact estimates are yet to be revealed.
Mangaluru city police commissioner Sudheer Kumar Reddy CH visited the spot and ACP (Cen crime police station) is investigating the case.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
13 minutes ago
- Hindustan Times
Ghaziabad: Man tied to tree, thrashed by locals in Dasna
In a chilling episode of mob justice, an unidentified man, later found to be mentally ill, was tied to a tree and brutally assaulted by a group of enraged villagers in Ghaziabad's Dasna early Friday morning. The assault – captured in a series of photographs by an HT photojournalist – ended only when a police team intervened and rescued the man. The man being assaulted by the mob on Friday. (Sakib Ali/HT Photo) On Friday evening, police arrested three people and filed a first information report (FIR) identifying 15 people, and listing another 10-15 people as unidentified. The incident took place when a 38-year-old man, a resident of Pahasu in Bulandshahr district, was found walking through Dasna village around 5am, police said. Residents, already on edge due to a recent spate of theft rumours and alleged 'drone surveillance' in the area, confronted him. Police said the man was unable to provide 'satisfactory answers' to the mob, prompting suspicion, investigators privy to the case told HT, asking not to be identified. Within minutes, dozens of locals gathered. Tensions escalated quickly. 'He couldn't give them any answers that made sense,' said the investigator cited above. An HT photojournalist, stationed about a kilometre away, rushed to the spot after hearing of the incident. When he arrived, he found the man – dressed in black trousers and a black shirt – bound around a tree with his arms stretched out to either side. He was being violently attacked by a mob – around a dozen men were repeatedly slapping, kicking, and striking him with sticks. Despite repeated pleas by bystanders and the photographer, the mob refused to relent. The photojournalist alerted the police, who reached the site around 20 minutes later and managed to rescue the man and take him away in a white SUV. 'The victim was beaten up and tied to a tree by the locals. After receiving a call, our team from Wave City police station reached the scene and rescued him,' said assistant commissioner of police (ACP) Priyashri Pal at Wave City circle. 'He was brought to the station, given first aid, and calmed down. Only then was he able to tell us that he was from Bulandshahr and had unknowingly wandered into Dasna.' The ACP added that police investigators managed to trace his family, who confirmed that the man had been missing for several days and was mentally ill. 'His family told us that he left the house a couple of days ago,' the ACP said. Police filed an FIR under BNS sections 190 (unlawful assembly), 191(2) (rioting), 127 (wrongful confinement), 115 (2) (voluntarily causing hurt), 352 (intentional insult to provoke breach of peace), and 351 (3) (criminal intimidation) was registered at Masuri police station based on a complaint filed by the victim's uncle. 'My nephew is mentally not well for past three years. He left home about five months ago, and all our efforts to search for him proved futile. Today, I found out about a video on social media and I identified my nephew in it. He was seen tied to a tree and locals were beating him with sticks,' the victim's uncle stated in the FIR. 'We registered an FIR and also arrested three persons in this connection. We are trying to trace other suspects as well, and they will also be subjected to legal action,' said Surendra Nathy Tiwary, DCP of rural zone. The three arrested people were identified as 32-year-old Shahzad, 20-year-old Farman, and and 24-year-old Anas (all identified by police by only single names). The incident, which unfolded in full public view, highlights the dangers of vigilante action fuelled by fear, rumour, and misinformation. 'This is a clear case of mob lynching,' said a senior police officer. 'The fact that the man had a mental illness and posed no threat makes it even more disturbing.' Officials said the man was being kept under observation, and arrangements were being made to reunite him with his family in Bulandshahr.
Time of India
an hour ago
- Time of India
High court upholds summons to Kangana Rananut in ‘Rs 100' tweet defamation case
Chandigarh: The Punjab and Haryana high court on Friday dismissed a petition filed by actor-turned-MP Kangana Ranaut challenging her summoning by a Punjab court in a defamation case, making it clear that the magistrate has duly applied mind to the material on record while summoning her. Justice Tribhuvan Dahiya, in a detailed 15-page order, said, "There are specific allegations against the petitioner who is a celebrity, that false and defamatory imputations by her in the retweet have dented the respondent's (Mahender Kaur) reputation and lowered her in her own estimation, as also in the eyes of others. Therefore, filing of the complaint to vindicate her rights cannot be termed mala fide." Ranaut is accused of defaming 73-year-old Mohinder Kaur, a farmer activist, through a tweet during the height of the farmers' protests against the now scrapped farm laws in 2020. Ranaut allegedly misidentified Kaur as Bilkis Bano of Shaheen Bagh fame and implied that such women could be hired to participate in protests for Rs 100. "Such remark, prima facie proves that the intent of the accused was to paint the complainant as a person of dubious integrity who is protesting without any cause and just for financial gains," the high court observed. Ranaut's counsel had contended that the trial court misconstrued provisions of Section 202 of CrPC and argued that she had only re-tweeted content by 'Adhivakta Gautam Yadav', who was not arrayed as an accused. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like She grew up to be America's sweetheart... can YOU guess? Watch More Undo The counsel pleaded that the retweet was made in good faith, without intent to harm Kaur's reputation, and in the absence of mens rea, the magistrate should not have proceeded. The order was passed on Feb 22, 2022. Senior advocate G K Mann, representing the complainant, argued that there was no dispute that Ranaut herself made the defamatory on the face of it retweet, which contains serious allegations against Kaur's character. Mann also said that Ranaut had shown no remorse or tendered any apology, suggesting intentional harm. The bench concluded that the summoning order was passed after due application of mind to the facts and preliminary evidence. The court also noted that it was not the petitioner's case that the retweet was not made by her. Regarding the complaint being filed solely against Ranaut, the judge observed, "Still further, because the respondent has filed a complaint only against the petitioner and not against the person to whom the original tweet has been attributed, in itself cannot be a ground to contend that the complaint is mala fide." 'Extra responsibility' on celebrities "As she (Kangana) holds a position of influence over the masses, she has extra responsibility on her shoulders to verify the truthfulness of the remarks made by her. It is evident from the evidence led by the complainant that the accused (Kangana) made the impugned defamatory remark without going into the truthfulness... She even failed to tender any apology to the complainant after knowing the truth." Justice Tribhuvan Dahiya Complaint was filed in 2021 The defamation complaint was filed on Jan 4, 2021, by Mohinder Kaur of Fatehgarh Jandia village in Bathinda. Kaur initiated the case in Bathinda court against Ranaut for her tweet (which was later deleted) that identified Kaur as Bilkis Bano of Shaheen Bagh fame and claimed such women could be hired for protests for Rs 100. Kaur had provided evidence asserting that Ranaut's words had damaged her image. The farmer stated that her family, owning 12 acres of land, found the accusation of protesting for a mere Rs 100 intolerable. MSID:: 123044276 413 |
Time of India
an hour ago
- Time of India
Govt orders probe into graft charges against Malaprabha Sugars
Belagavi: The state govt ordered an investigation in connection with the alleged financial misappropriation at Malaprabha Sugar Factory in MK Hubli. The investigation was ordered at the direction of the sugar minister, Shivanand Patil. The state govt appointed enquiry officers to investigate allegations of irregular activities and mismanagement in administrative and financial transactions alleged to have taken place at the Malaprabha Cooperative Sugar Factory in MK Hubli. Enquiry officers were appointed with the approval of textiles, sugarcane development and sugar and agricultural marketing minister Shivanand Patil. Realising the need for a detailed investigation into the alleged irregularities, illegal activities in sugar sales, and procurement of storage materials from 2018-19 to 2022-23, including all legal aspects, the govt ordered a joint investigation. Notices were issued to the persons concerned, seeking an explanation regarding the allegations, but they did not appear before the court. Therefore, the state govt appointed retired district judge SC Ingalagi and retired additional commissioner of the cooperation department SM Kaluti to investigate and instructed them to submit a report within three months. During minister Shivanand Patil's recent surprise visit to the Malaprabha Cooperative Sugar Factory, farmer leaders made serious allegations about the poor condition of the factory. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Dubai villas | search ads Get Deals Undo The management justified the losses by giving reasons. The negligence of the previous management board and the current management board was said to be the reason for the poor condition of the factory. The management board showed low sugar yield. A large amount of sugar was illegally stored and misused. The farmer leaders explained to the minister that this illegality was detected and a complaint was filed with the deputy commissioner. The chairman of the management board explained to the minister that the reason for the loss of this cooperative sugar factory was the increase in the number of sugar factories in the district and the conflict between farmer leaders. Hundreds of families are living in this factory. The workers appealed to minister Shivanand Patil that the govt should take appropriate measures and come forward to run the factory. When Rudrappa Mokashi's team took over the responsibility of the administration, the factory was in loss. Within three years, the factory's debts were paid off, and it was brought to profit, and Rs 15 crore was deposited in the bank. But farmer leader Basavaraj Mokashi explained that the factory suffered losses due to the mismanagement of those who came to power later. Farmer leaders urged the minister to immediately dismiss the management board responsible for the factory's current state, investigate the irregularities and recover the money, prevent the looting that has taken place despite the loss, run the factory with govt assistance, and appoint a govt official as the managing director of the factory.
