Cheating case against Chennai-based Tirupura Chits Private Limited
Rs 9 cr of 200 members of district swindled?
Mangaluru, July 1: A cheating case filed against Chennai-based Tirupur Chits Private Limited that the company has swindled the money of Rs 9 crore collected from over 200 customers of the district came to light now. A customer Arafat from Mangaluru lodged a complaint at Economic and Narcotics Crime Police station against the company. Amidst this, a number of customers who suffered from this issue, held a meeting in the city on Sunday and discussed it.
The company which was started a few years ago had collected money from the customers from the district including the city. In the beginning, the company returned the money on time. Later, they included the customers for more funds schemes and collected the amount on regular intervals before disappearing suddenly, the customers alleged.
Now, the branch office of the company situated at a building at Bunts Hostel Circle was also locked. So, the customers who lost their money are worrying. In spite of several instances of duping the customers by such companies, the people from Dakshina Kannada, known as the district of the intelligent, are being duped from such companies and this has become a challenge for the police department too.
The company had more than 150 branches across the country including 34 in the state and in Mangaluru, it has collected more than Rs 9 crore from 200 customers and it is said that the money collected from the customers across the country would cross more than 20 times of this amount.
Arafat, in his complaint, had mentioned company managing director PV Krishna Prasad, directors Sumana, Vasu K, Narayana Potti Balakrishna, Jayaprakash Basavaraj Uppin, Kurumbaiah Mandepanda Ganapathy, ME Venu, employees Raimo D’Silva, Shaji V, Devaraj MS, Jayaram M and Suraj K as accused in the case.
Arafat said that for the Rs 50 lakh fund, he had paid Rs 32,38,450 for 20 months and including its dividend, he should have got Rs 40,00,000. But it was inevitable to lodge the complaint as there was no sign of returning the amount by the company, he said.
Earlier, they were investing in Gokulam Chits Fund. Later, started investing in Tirupur Chits Fund. In the beginning, they joined for Rs 5 lakh fund and got the amount with dividend within two years. In the same confidence, they have invested for Rs 50 lakh chit fund. But they suspected the downfall of the company and stopped investment in last October. They had been to Chennai and the head office was also locked. They came to know that the MD and director (husband and wife) and seven other directors were also booked in the same case. The couple was arrested by the police, he said.
It is said that the company director Sumana who cheated lakhs of people across the country was hailed from Mangaluru. Now, other customers have also planned to lodge complaint against the company.
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ED raids Kolkata Police deputy commissioner, businessman in PMLA probe
Kolkata (PTI): The Enforcement Directorate on Sunday conducted raids at the premises of Kolkata Police Deputy Commissioner Shantanu Sinha Biswas and a local businessman as part of a money laundering probe against an alleged criminal and his linked syndicate in the poll-bound state, officials said.
Two premises of Biswas, including his residence in Ballygunge area and one location of the businessman named Joy Kamdar, Managing Director of a company named Sun Enterprise, have been raided under the provisions of the Prevention of Money Laundering Act (PMLA).
Kamdar has been taken by the officials to the local ED office for questioning. Biswas, chief coordinator and nodal officer of the West Bengal and Kolkata Police welfare committee, was not present at his premises, they said.
The action is linked to a money laundering case against an alleged local criminal named Biswajit Podder alias Sona Pappu, who is booked in multiple cases on charges of attempted murder and extortion.
The federal probe agency had conducted the first round of searches in this case on April 1.
The ED had then seized cash of Rs 1.47 crore apart from gold jewellery and silver valued at Rs 67.64 lakh and a country-made revolver from some premises that were searched.
The probe stems from a Kolkata Police FIR against against Podder for his alleged involvement in rioting, attempt to murder, criminal conspiracy and Arms Act violations. The accused, including Podder, were engaged in organised criminal syndicate activities in the state of West Bengal and generated funds illegally by way of syndicate operations, the ED said in a statement on April 9.
Podder is also wanted by the police in a case of violence in Kankulia road near Golpark of Kolkata and is currently on the run.
The ED has issued summons to Podder but he has failed to join the investigation so far, according to the agency.
West Bengal will have a two phase poll on April 23 and April 29.
