Man involved in multiple financial fraud cases nabbed in Mangaluru
Mangaluru (Karnataka), Jul 18 (PTI): A man involved in multiple financial fraud cases involving hundreds of crores was arrested here, police said on Friday.
Roshan Saldana had allegedly been absconding for a considerable period, they added.
Acting on a tip-off, the Central Crime Branch team led by the ACP arrested him from his house, where he was found hiding, they said.
According to police, a preliminary investigation has revealed that Saldana allegedly lured high-net-worth individuals by pretending to offer loans worth hundreds of crores, collected 1-2 per cent of the promised loan from the victims in the name of stamp duty and commissions, and subsequently defrauded them.
Several incriminating items, including cheques, forged documents, jewellery, expensive liquor, and a diamond ring valued at Rs 2.75 crore were seized from him, a senior police officer said.
The total seizure value exceeds Rs 6.5 lakh, police said, adding that an excise case has also been registered for possession of liquor in excess of legal limits.
His financial records show over Rs 40 crore in transactions in the last four months, he said.
Two FIRs have been registered against him in Mangaluru and one in Chitradurga, police said.
The accused is suspected of duping victims in cities including Delhi, Mumbai, and other parts of the country, police said, adding that a detailed investigation is underway.
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Udhayanidhi accuses BJP of not releasing funds for TN
Gobichettipalayam (PTI): Tamil Nadu deputy chief minister Udhayanidhi Stalin on Saturday charged the BJP government at the Centre with not releasing funds to the state and accused it of "snatching" TN's rights.
Addressing a poll rally at Gobichettipalayam in the western Erode district, the DMK youth wing chief claimed the Centre has not released funds to the tune of Rs 3,000 crore for education.
"They (union government) have snatched all our rights," he charged.
With regard to the Centre's proposal for delimitation, he said chief minister M K Stalin was the first person in the country to raise the voice against the union government's move. He claimed that it was a "huge victory" for the INDIA alliance, as the bill was defeated for lack of majority after the opposition voted against it in the Lok Sabha.
Listing out various welfare measures implemented by the DMK government, he said the existing "Kalaignar Magalir Urimai Thogai" (monthly financial assistance for women) will be doubled to Rs 2,000 if DMK was voted to power again.
The deputy chief minister charged that the BJP and AIADMK have tried to stall it by moving the court. "At present more than 1.3 crore women have benefited from the scheme", he said.
"Similarly, the breakfast scheme for the government school students will be extended till Class VIII", he said adding "more than 35 lakh college students across the state will be getting free laptops once the DMK government is formed".
Udhayanidhi also pointed out at the "Illatharasi" poll promise, providing Rs 8,000 worth of coupons to non-income tax paying women where they could buy or replace any household appliances of their choice.
Elections to 234 Assembly seats in Tamil Nadu will be held on April 23 and the results declared on May 4 following counting of polled votes.
