Mangaluru Police seek custody of prime accused in multi-crore fraud case
Mangaluru (PTI): The Mangaluru City Police have filed a formal petition before the jurisdictional court seeking custody of the prime accused in a multi-crore investment fraud case, officials said on Tuesday.
Roshan Saldanha, a resident of Bajal in Mangaluru, is currently in judicial custody, they said.
He is accused of duping investors of several crores of rupees through fraudulent investment schemes that promised high returns, police said, adding that multiple complaints have been lodged against him by victims from various parts of Dakshina Kannada and beyond, alleging that they were misled by Saldanha's schemes and guarantees.
According to Police Commissioner Sudhir Kumar Reddy, in one case, Rs 10 crore has been fleeced from an investor.
The case involves the use of forged documents, shell companies, and sophisticated methods of financial manipulation, sources said.
The police now seek custodial interrogation to uncover the full extent of the fraud, track the flow of funds, identify accomplices, and determine whether more victims are involved.
Investigators in the police department believe that Saldanha may have operated through multiple channels to project legitimacy, thereby gaining the confidence of unsuspecting investors. The case has garnered widespread public interest given the high value of the fraud and its ripple effect on individuals and families across the region.
Meanwhile, authorities have urged the public to come forward with any additional complaints or information related to the case.
The investigation is ongoing and further revelations are expected once custodial interrogation commences.
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Justice Swarana K Sharma starts contempt case against Kejriwal, Manish Sisodia over excise posts
New Delhi (PTI): Delhi High Court judge Justice Swarana Kanta Sharma on Thursday initiated criminal contempt proceedings against AAP leaders Arvind Kejriwal, Manish Sisodia, Durgesh Pathak, Sanjay Singh, Saurabh Bhardwaj and others over their "vilifying" social media posts against her in relation to the excise policy case.
Justice Sharma said the former Delhi chief minister "orchestrated a calculated campaign" of vilification against her on social media instead of pursuing his legal remedies and clarified that the CBI's petition against the discharge of all accused persons would now be taken up by another bench.
The judge took exception to several social media posts by the proposed contemnors that attributed "political allegiance" to her and allegedly targeted her by posting a misleading "edited" video of a speech given by her at an educational institution in Varanasi.
"Arvind Kejriwal sought to destroy my reputation instead of availing legal remedies after I refused to recuse and a deliberate attempt to lower the court's authority can't be permitted in guise of free speech," Justice Sharma said.
She clarified that she was not recusing herself but was only transferring the case to another bench as she has initiated the contempt proceedings.
Solicitor General Tushar Mehta, appearing for CBI, thanked Justice Sharma for upholding the institution's dignity.
