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.
At a meeting with the Punjab Revenue Officers Association here, the minister assured representatives of the association that all their demands will be considered sympathetically, while asking them to immediately join their offices in larger public interest.
Chairing a high-level review meeting with officials of the NRI Affairs Department and members of the NRI Commission, he issued directions that the appointment of the nodal officers should be made in a transparent manner and working of these officers should be reviewed by the Deputy Commissioners on a regular basis.
On March 24, the police received a tip-off that two members of this cartel -- Dinesh and Nazir -- have collected a big consignment of heroin from Jharkhand and would come to Delhi to deliver the supply of contraband to one of their contacts.
Presiding over the valedictory function of three-day Punjabi cinema, television and theatre mega show jointly organised by the Punjabi Film and TV Actors' Association and Punjabi University here, he reiterated his government's firm commitment that no student would be bereft of higher education due to paucity of funds.
Nishad, the main accused has reportedly fled the country. Property worth Rs 36.62 crore belonging to Nishad and others were earlier attached by the ED. Gafoor, the director of Stox Global Brokers Private Limited, was arrested as Rs 39 crore which was reportedly proceeds of crime was transferred through his firm. The ED has claimed that his firm is basically a shell company.
