The lawyer wrote in her complaint that she and her mother were cheated of Rs25,000 by Singhania, who introduced himself as a customer care executive of HDFC Bank
New Delhi: An MBA graduate, who went to jail in 2006 in a case of kidnapping for ransom, was arrested for allegedly cheating people on the pretext of helping them open bank accounts and getting loans, reports PTI.
Ranjeet Kumar Gautam, 26, who posed himself as Dinesh Kumar Singhania, was arrested based on a complaint filed by lawyer N Sahar.
The lawyer wrote in her complaint that she and her mother were cheated of Rs25,000 by Singhania, who introduced himself as a customer care executive of HDFC Bank.
The mother-daughter duo waited for a few days to get some information from the bank and approached the bank later which informed them that they were cheated.
Through technical surveillance of Gautam's mobile phone, police tracked down his address where he ran a firm, “RK Financier Pvt Ltd”, on behalf of HDFC Bank.
“Further, it was found that Dinesh Kumar had employed 13 people for field job whose duty was to visit the residences of prospective customers. He ran his business for two months and abruptly stopped going there when the rent was to be paid for the second month,” a senior police official said.
Born in a poor family, Gautam did his graduation from BR Ambedkar University, Agra and completed his post graduation in management (MBA) from National Institute of Sales in Delhi.
“His quest of earning easy money dragged his into criminal activity. He was arrested in 2006, in a case of kidnapping for ransom. After coming out of jail, he did not go to his home and started working for the bank,” the official said.
The attachment order, under criminal provisions of the PMLA is the third by the agency after it issued two separate attachment orders of Rs51 crore and Rs71 crore earlier
Hyderabad/New Delhi: The Enforcement Directorate (ED) has attached assets worth Rs143.74 crore in connection with its probe in the money laundering case against YSR Congress party chief Jagan Mohan Reddy, reports PTI.
The attachment order, under criminal provisions of the Prevention of Money Laundering Act (PMLA), is the third by the agency after it issued two separate attachment orders of Rs51 crore and Rs71 crore earlier, in this case.
The agency, according to sources, has few more similar orders in the pipeline as it plans to build a water-tight case against Jagan and his associates.
"Immovable properties and movable assets worth Rs143.74 crore under section 5(1) of PMLA are being attached. The properties attached from Ramky Pharma City (India) Ltd are about 135.46 acres of land and deposit of Rs3.20 crore in mutual funds and fixed deposits for Rs10 Crore from Jagati Publications Pvt Ltd (held by Jagan Reddy)," the attachment order said.
The agency is probing the case on the basis of the FIR filed by CBI to investigate alleged disproportionate assets amassed by Jagan especially during the tenure of his father—the late Andhra Pradesh chief minister YS Rajasekhara Reddy
An ED attachment is an enforcement action under anti-money laundering laws to restrict the accused from taking benefit out of the properties or assets they have created through illegal means.
The accused parties can appeal against the order at the Adjudicating Authority of the PMLA based here.
During the course of investigation, the ED alleged, “It was revealed that Ramky Pharma City (India) illegally sold land falling in greenbelt area and acquired a sum of Rs133.74 crore. In lieu of the favour from the state government of Andhra Pradesh, A Ayodhya Rami Reddy, chairman of Ramky Group paid a sum of Rs10 crore in equity of Jagati Publications Pvt Ltd (a company owned and controlled by Jagan Mohan Reddy).
“The payment of Rs10 crore was kickback for the favours done by the state government. Thus, the investigation under PMLA has so far revealed that shareholders of Ramky Pharma City (India) are Ramky Infrastructure, Ramky Estates and Farms Ltd and APIIC,” it alleged.
The ED further said that “Ramky Pharma City (India) had sold the plots in non-SEZ area and leased out plots in SEZ area in the Pharma City named as Jawahar Lal Nehru Pharma City. In the illegal sale and lease of land falling under the greenbelt area, by sale of 23 plots in non-SEZ area and eight plots in SEZ area the generation of proceeds of crime was to the tune of Rs 133.74 crore.
“Ramky Pharma City (India) was illegally benefited by this amount as a result of criminal activity. Further payment of Rs10 crore by Ramky Group of Companies to Jagati Publications is the proceeds of crime which was transferred as equity contribution in the company. Thus, total amount of the proceeds of crime is Rs143.74 crore,” the ED alleged.
An ED attachment is an enforcement action under anti-money laundering laws to restrict the accused from taking benefit out of the properties or assets they have created/earned through illegal means.
The accused parties can appeal against the order at the Adjudicating Authority of the PMLA.
CBI told the high court that it would file a charge-sheet against four RPF personnel by 31st January during the hearing of a PIL filed by social activist Samir Zaveri
Mumbai: The Central Bureau of Investigation (CBI) on Tuesday told the Bombay High Court that it would file a charge-sheet against four Railway Protection Force (RPF) personnel by 31st January for their involvement in the fake bail bond scam at suburban Kurla railway station, reports PTI.
A division bench of justices AM Khanwilkar and KK Tated was hearing a public interest litigation filed by social activist Samir Zaveri alleging that certain RPF personnel were releasing persons booked for trespassing and crossing railway tracks on fake cash bail bonds.
The court had last year transferred probe in the case to CBI.
Additional solicitor general Kevic Setalvad, appearing for the CBI, today told the court that 23 RPF personnel have been identified as being involved in the scam.
“The investigating agency has sufficient evidence against nine officials who are the main accused. Out of the nine, sanction for prosecution needs to be taken from the government for five officers. Charge-sheet against the remaining four will be filed by 31st January,” he said.
Accepting the statement, the bench asked CBI to file proposals for sanction of prosecution of the five officers immediately and directed the government to decide the proposals expeditiously.
The agency, after getting sanctions, will file supplementary charge-sheets.
In his PIL, Zaveri had alleged that a head constable acted as a magistrate and granted bail to the alleged offenders and the money collected was misappropriated by the RPF personnel themselves.