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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Bengaluru (PTI): Two men were arrested for allegedly sexually assaulting two minor girls, recording the acts on mobile phones and uploading the videos online as child sexual abuse material, police said on Thursday. 

The accused have been identified as Kiran Kumar (29), hailing from Chitradurga district, and Aditya M K (20), hailing from Shivamogga district, they said. 

A probe was initiated after information was received from the NCRP portal regarding a suspected instance of creation of Child Sexual Abuse Material (CSAM) for online dissemination, police said. 

Accordingly, a case was registered at Kaggalipura Police Station under relevant sections of the IT Act on May 10, they added.

Investigation revealed that two minor girl victims were exploited and videos were created and uploaded to the internet. The child victims have subsequently recorded their statements as per procedure and further necessary legal steps have been taken, Pronab Mohanty Director General of Police, Cyber Command, said in a statement.

Based on the statements of the victims, the accused persons, who allegedly assaulted the minors, recorded the acts on mobile phones and uploaded the videos online, were arrested, he said.

Following the probe, sections 65(2) (rape) and 70 (gangrape) of the Bharatiya Nyaya Sanhita, along with relevant sections of the POCSO Act, have been added to the FIR, police said.

Officials collected relevant information and on May 12, arrested the accused persons and seized three mobile phones belonging to them, in which the videos had allegedly been recorded, he said.

The accused were later produced before the court and taken into police custody for further investigation, he added.

According to him, in CSAM cases, police usually apprehend offenders who have downloaded such content or have kept them in their possession after obtaining them from elsewhere, usually the internet. 

"The present case is one of the very few instances where content creators and uploaders have been apprehended," Mohanty added.