Delhi police nab swindler for duping people of Rs 8 crore
Darpan News Desk IANS, 18 Oct, 2022 11:35 AM
New Delhi, Oct 18 (IANS) The Economic Offences Wing (EOW) of Delhi Police has arrested a swindler who cheated people to the tune of Rs 8 crore in lieu of making business associates in an 'air cargo company'.
The accused has been identified as Balakrishnan Shivram Iyer, a resident of Puri Emerald Apartment, a luxury residential society in Gurugram.
"Six complaints were received wherein the complainants had alleged that Iyer misrepresented them saying he was the executive director in Bhagwati Airways Express Ltd and later signed 'franchise agreements' with them to make business associates in the cargo sector in Mumbai, Chennai and Coimbatore," said Ravindra Singh Yadav, Special Commissioner of Police (Crime).
"Iyer had also collected Rs 8 crore in cash from them in lieu of making them business associates, whereas he was not authorised to sign any agreement on behalf of the company," Yadav said.
"After preliminary inquiry, a case under relevant sections of the Indian Penal Code was registered and investigation was taken up. During the investigation, ROC records of Bhagwati Airways Express Ltd were collected and it was revealed that Dinesh Kumar Digga and Roop Kumar Baheti were the directors of the company," he said.
"Their statements revealed that Iyer was not authorised by the company to execute any agreement with the complainants. He misrepresented to the complainants that he was the executive director in the company, though he was just an employee who was not authorised to enter into any agreement on behalf of the company," the officer said.
"As Iyer was on the run, surveillance was mounted, and on October 14, Iyer was nabbed when he was covertly visiting his home in Gurugram," Yadav said.
Six gold bars weighing 699.5 grams and valued at Rs 37.30 lakh were detected and seized from a male passenger who arrived by Air India flight AI-952 from Dubai, Customs officials said. He had concealed the gold in his check-in baggage. Further investigation was on.
An order issued by the competent authority on Wednesday said that the services of five employees. In the past also, the J&K government has terminated services of its employees for the same reason.
Rajendra Shetty a.k.a Bannanje Raja is involved in 44 serious criminal offences including murder, extortion and kidnapping. Authorities had issued an Interpol red corner notice against Bannanje Raja, and he was nabbed in Casablanca in Morocco. Later, he was extradited to Karnataka from there.
The case pertains to a blast that occurred in District Court Complex, Ludhiana on December 23, 2021 in which one person died and six persons were injured. Initially, a case was lodged by Lidhiana Police in 2021 and later the probe was taken over by the NIA in 2022.
The protest, which was led by BJP Yuva Morcha's national secretary Tajinder Pal Singh Bagga and its national president Tejasvi Surya, started around 10.30 a.m. from the IP College to the Chief Minister's residence.
Union Home Minister Amit Shah on March 27 had announced that Central Civil Service Rules will be implemented for all employees under Chandigarh Administration. This decision has evoked sharp criticism from Punjab leaders who, cutting across party lines, termed it "an encroachment on Punjab's rights".
