Noida CA arrested by Bengaluru police for cheating companies with Rs 168 crore fake bank guarantees
BENGALURU: A chartered accountant has been arrested for allegedly duping 11 private companies by giving them fake electronic bank guarantees worth Rs 168 crore, Bengaluru police said on Wednesday. The accused, 45-year-old Noida-based Ashish Roy alias Ashish Saxena, was detained by the immigration officials at the Indira Gandhi International Airport in Delhi after he returned from Kuwait, they said.
A lookout notice was also issued against him in February by the Bengaluru Police.
According to the police, the matter came to light after an official from National E-Governance Services Limited filed a case of cheating when it was found out that the e-bank guarantees submitted by these companies were fake.
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Investigation revealed that the accused used his professional network and approached chartered accountants and financial advisers of these private companies on the pretext of providing them e-bank guarantee certificates and received Rs five crore as commission. He was allegedly operating from Kuwait with the help of his accomplice who is yet to be traced, a senior police officer said. Among the 11 private companies, nine are based out of Bengaluru, he said. Police said two laptops, six mobile phones and 10 cheque books from different bank accounts have been recovered from his possession.
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Cyclone Fengal: Pondy govt issues heavy rain alert to residents via SMS
Puducherry (PTI): Puducherry experienced heavy rains on Saturday morning prompting the union territory administration to send SMS alerts to around 12 lakh residents cautioning them to remain vigilant as cyclonic storm Fengal is expected to make landfall near here later in the day.
District Collector A Kulothungan told PTI that all necessary steps have been taken to ensure that people remained safe.
"We have evacuated people from low lying areas and shelter homes are ready to accommodate them. Arrangements were also made to supply food packets," he said adding that National Disaster Relief Force from Arakonam has arrived to engage in relief and rehabilitation works.
According to the official, cyclone Fengal was expected to cross the coast in the evening. Control rooms have been opened in the collectorate and also in the line departments.
Toll free numbers 112, 1077 and also WhatsApp number 94889 81070 have been put in place to help people facing crisis to contact for help.
Cyclone Fengal is likely to cross between Karaikal and Mahabalipuram coasts close to Puducherry, official sources said. The government has advised people to stay indoors.
The entire stretch of beach road and also several tourist spots were closed to ensure that there was no movement of the people near the sea shore.
Schools and colleges remained closed today.
