Close X
Thursday, November 28, 2024
ADVT 
India

Multi-crore rupees scam: Punjab cops nab fugitive Mumbai fraudster's dad from Gujarat

Darpan News Desk IANS, 06 Dec, 2023 05:37 PM
  • Multi-crore rupees scam: Punjab cops nab fugitive Mumbai fraudster's dad from Gujarat

Chandigarh/Mumbai, Dec 6 (IANS) In a fresh twist, the Punjab Police have arrested Shailesh Mehta – the father of absconding Mumbai scamsters Ashesh Mehta and his wife Shivangi Lad-Mehta – in a new fraud case registered by the SAS Nagar Police, an official said on Wednesday.

According to Sohana Police (formerly, Mohali) official Mukesh Sinha, the accused Shailesh Mehta, 71, was nabbed from his purported hideout at an old-age home in Ahmedabad following a FIR registered after a complaint lodged by Punjab businessman Viresh Singhal.

"We have arrested the accused (Shailesh Mehta) last Saturday and brought him to Punjab. A local Magistrate has remanded him to police custody for four days and further investigations are on," Sinha told IANS.

Incidentally, the Mehta family is now under the radar of the police of Maharashtra, Madhya Pradesh and now Punjab, with the possibility of more complaints of cheating of investors surfacing from other parts of the country, official sources in Mumbai said.

Singhal, 78, had lodged a complaint of cheating against Shailesh Mehta and his son Ashesh Mehta (who is untraceable along with his wife Shivangi, since over six months from Mumbai), by luring him to invest Rs 1.20 crore in their 'Bliss Consultants Trading Co' in the past three years, on the promise of huge profits.

However, when Singhal wanted to exit from the company last June, he encountered serious problems withdrawing his investments plus profits, and later the accused were not available.

Suspecting something fishy, Singhal finally lodged a complaint with Sohana Police in November, which sent a team to Mumbai for probe but returned empty-handed, and subsequently traced the accused in Ahmedabad.

Ruling Shiv Sena Spokesperson Krishna Hegde said in Mumbai that the Mehtas' (above) company has allegedly cheated more than 4,000 gullible investors of thousands of crores of rupees in the past few years, and then Ashesh and Shivangi Mehta fled from Mumbai.

"I had complained to Chief Minister Eknath Shinde in July and he ordered a detailed probe into the matter. In September, the Mumbai Police have frozen five residential properties and 11 bank accounts of the fugitive couple and their companies, totalling an estimated Rs 175 crore," Hegde told IANS.

He rued that though the Mumbai Police seemed to have done nothing in the matter, the Punjab Police has managed to nab one of the family members of the accused Mehta couple.

The lid blew off the scam – which was prominently highlighted by IANS in June-July – after suspicious withdrawals-transfers of huge amounts of around Rs 180 crore to multiple accounts of the scamster couple's associates or other entities, all of which are being probed. The Shivpuri Police Station in Madhya Pradesh, stumbled onto the scam they were probing a narcotics case there linked with the Mehta couple, and other frauds of money-laundering, illegal ponzi schemes, gypping investors and common masses tumbled out, estimated to be over Rs 1,000-crore.

Police teams from Mumbai, Madhya Pradesh and Punjab have done multiple rounds of the Mehta couple's home in a posh society in Goregaon where they were last seen over six months ago.

In July, both Mumbai and Madhya Pradesh Police had issued Look Out Circulars against the couple but they remain untraced and investigators apprehend the duo may have sneaked out of the country to an unknown location.

MORE India ARTICLES

CAT holds order in favour of Sameer Wankhede in a case raising allegations on conduct of raids in Aryan Khan drugs matter

CAT holds order in favour of Sameer Wankhede in a case raising allegations on conduct of raids in Aryan Khan drugs matter
Wankhede, who is an Indian Revenue Service (IRS) Officer of the 2008 batch, is currently serving as an Additional Commissioner under the Department of Revenue, Ministry of Finance. In this case, Wankhede (respondent number 1) had filed an application seeking quashing of a report dated June 16, 2022. 

CAT holds order in favour of Sameer Wankhede in a case raising allegations on conduct of raids in Aryan Khan drugs matter

Soon Delhi will be among cities having maximum electric buses: Kejriwal

Soon Delhi will be among cities having maximum electric buses: Kejriwal
Delhi Chief Minister Arvind Kejriwal, along with Lieutenant Governor V-K Saxena, flagged off 400 new electric buses from the IP Estate Depot here on Tuesday. Speaking on this occasion, Kejriwal said the new buses are part of the subsidy scheme of 921 buses.

Soon Delhi will be among cities having maximum electric buses: Kejriwal

India's government replaces 'India' with ancient name 'Bharat' in dinner invitation to G20 guests

India's government replaces 'India' with ancient name 'Bharat' in dinner invitation to G20 guests
Indian President Droupadi Murmu is referred to as “President of Bharat” instead of “President of India” in the invitation sent to G20 attendees. The nation of more than 1.4 billion people is officially known by two names, India and Bharat, but the former is most commonly used, both domestically and internationally.

India's government replaces 'India' with ancient name 'Bharat' in dinner invitation to G20 guests

Countdown for India’s rocket mission to the Sun begins at 12.20 pm

Countdown for India’s rocket mission to the Sun begins at 12.20 pm
Interestingly, India on August 23 reached the Moon with its lander safely landing on the lunar soil in a textbook style. Later the rover rolled down and started doing experiments. The Aditya-L1 -- named after the Sun God in Hindu mythology -- will be carried by the Indian rocket Polar Satellite Launch Vehicle-XL variant (PSLV-XL). On Saturday, the rocket will blast off at 11.50 a.m. from the Sriharikota rocket port in Andhra Pradesh, the ISRO said.

Countdown for India’s rocket mission to the Sun begins at 12.20 pm

Delhi Police arrests man on the run for last 12 years

Delhi Police arrests man on the run for last 12 years
A 45-year-old man evading arrest for the last 12 years was nabbed by police near Delhi’s Sarai Kale Khan area, an official said on Friday. The Deputy Commissioner of Police (South) Chandan Chowdhary said that on Wednesday a tip-off was received that a declared proclaimed offender would come at Surya Ghadi Park near Sarai Kale Khan.

Delhi Police arrests man on the run for last 12 years

Air India has recruited more than 650 pilots since April 1, says CEO Campbell Wilson

Air India has recruited more than 650 pilots since April 1, says CEO Campbell Wilson
The Air India group has successfully hired and brought on board a total of 650 pilots since April this year, Air India CEO Campbell Wilson said in his Friday message. His message comes days after the Directorate General of Civil Aviation (DGCA) had suspended simulators training for A320 pilots at Air India's Hyderabad facility and Boeing pilots at the Tata Group-owned airline's Mumbai facility.

Air India has recruited more than 650 pilots since April 1, says CEO Campbell Wilson