Two held for EV sales fraud in Karnataka
Bengaluru (PTI): Two men involved in the sale of electric vehicles in the city have been arrested for allegedly defrauding several people by offering two-wheelers at subsidised rates, claiming the benefit was under a central government scheme, police said on Saturday.
The accused have been identified as Hanumantha Bilkar and Rakesh, they said.
Police said an investigation was initiated after receiving two complaints against at the Peenya and Bagalagunte police stations last month.
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According to police, the accused convinced people to buy electric two-wheelers by claiming that they were available at subsidised rates under a central government scheme.
"However, no such scheme exists. The accused allegedly arranged loans in the names of the buyers and had the loan amounts credited to their companies, as per the complaints," a senior police officer said.
Police said the accused got loans sanctioned for nearly double the price of the vehicles and told buyers they only needed to pay the last three to four EMIs, while the 'companies' would pay the remaining instalments.
Initially, the 'companies' paid the EMIs but later stopped doing so, after which banks and finance firms began demanding payments from the buyers, they said.
The officer said the accused sourced parts of electric two-wheelers from Delhi, assembled them in Bengaluru and sold the vehicles through their showrooms.
He added that loans were taken in the names of several people and the investigation is ongoing.
"While vehicles were delivered to many buyers, the companies allegedly stopped paying the EMIs as promised. An investigation is underway to ascertain how many more people were cheated through this fake scheme," he added.
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RCB beat MI by 18 runs after batters fire
Mumbai (PTI): Royal Challengers Bengaluru skipper Rajat Patidar, Phil Salt and Virat Kohli blasted half-centuries as the defending champions beat Mumbai Indians by 18 runs in an Indian Premier League match here on Sunday.
Salt (78 off 36 balls) and Kohli (50 off 38 balls) stitched together a 120-run stand for the opening wicket before Patidar scored a rapid 53 off just 20 balls as RCB posted 240 for 4.
In response, Mumbai Indians were restricted to 222 for 5, with RCB spinner Suyash Sharma (2/47) putting the skids on the home side with a double strike in the eighth over, from which they could not recover.
Sherfane Rutherford top-scored for MI with an unbeaten 71 off 31 balls.
While opener Rohit Sharma appeared to be struggling with a hamstring issue and had to retire hurt on 19, his partner Ryan Rickelton made 37, while Suryakumar Yadav (33) and Hardik Pandya (40) were the other contributors for MI.
Brief scores:
Royal Challengers Bengaluru 240 for 4 in 20 overs (Phil Salt 78, Virat Kohli 50, Rajat Patidar 53, Tim David 35 not out).
Mumbai Indians: 222 for 5 in 20 overs (Sherfane Rutherford 71 not out, Ryan Rickelton 37, Hardik Pandya 40; Suyash Sharma 2/47).
