LuLu Group’s M A Yusuff Ali richest Malayali in the World in Forbes’ rich list
Kochi: Forbes published the latest list of global billionaires in which eight Malayalis have found place among 2,153 richest people. Yusuff Ali M A, chairman of LuLu Group International, topped Malayalis with a net worth of $4.70 billion (Rs 32,981 crore), ranking 394, followed by Ravi Pillai with $3.90 billion net worth, ranking 529 in the world.
Others Malayalis in the list are: Sunny Varkey ($ 2.40 billion, rank 962), Kris Gopalakrishnan ($2.20 billion, rank 1057), S D Shibulal ($1.40 billion, rank 1,605), Shamsheer Vayalil ($1.40 billion, rank 1,605), T S Kalyanaraman ($1.20 billion, rank 1,818) and P N C Menon ($1.1. billion, rank 1,941).
Globally, Amazon founder Jeff Bezos topped the list with a net worth of $131 billion.
Among Indians, Mukesh Ambani topped the list with a global ranking of 13 and a net worth of $50 billion. His younger brother Anil Ambani is also in the list with a ranking of 1,349 and net worth of $1.7 billion.
Courtesy: timesofindia
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Man arrested for duping Delhi resident of Rs 2 lakh in online car sale fraud
New Delhi (PTI): Police have arrested a 32-year-old man for allegedly duping a Delhi resident of Rs 2 lakh on the pretext of selling a second-hand car online, an official said on Saturday.
The accused, identified as Aman Sethi, a resident of Shiv Puri Extension in east Delhi, allegedly impersonated an employee of a reputed online car sale platform to gain the victim's trust, the police said.
The case came to light after a complaint was lodged by Harish, a resident of Trilokpuri, following which an FIR was registered on April 16 under relevant sections of the Bharatiya Nyaya Sanhita (BNS). Sethi was arrested on Friday.
According to the complainant, the accused contacted the victim and offered to sell a second-hand car. He allegedly convinced him to transfer Rs 2 lakh as booking and processing charges.
After receiving the money, the accused neither delivered the vehicle nor refunded the amount and stopped responding to calls.
A police team conducted a detailed financial and technical investigation and traced the money trail to a bank account in the accused's name.
"Analysis of KYC details, account activity and digital footprints helped identify the suspect," a senior police officer said.
The police said the accused had vacated his known address and was evading arrest, but was eventually tracked down through technical surveillance and local intelligence after multiple raids in Delhi-NCR.
During interrogation, Sethi allegedly tried to mislead investigators but was confronted with evidence and subsequently arrested. Further probe revealed his involvement in a similar cheating case registered at the Krishna Nagar police station, indicating a pattern of such offences.
The police said the accused targeted people searching for second-hand cars online by posing as an employee of vehicle sale platforms, sharing photographs and details of vehicles, and demanding advance payments in personal bank accounts.
Two debit cards, two mobile phones and SIM cards allegedly used in the offence have been recovered from his possession, the police added.
