CBI arrests ex-Karnataka Minister Roshan Baig in IMA ponzi scam
Bengaluru: Former Congress minister R Roshan Baig was arrested by the CBI here on Sunday in connection with the multi-crore I-Monetary Advisory (IMA) ponzi scam, the agency sources said.
Baig, a disqualified MLA of the Congress, was summoned to the CBI office on Sunday morning and "based on material evidence, he has been arrested," they said.
The former Shivaji Nagar MLA was produced before a court which remanded him to judicial custody, the sources added.
The multi-crore ponzi scheme run by Karnataka-based IMA and its group entities allegedly duped lakhs of people promising higher returns using Islamic ways of investment.
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Missing man found charred under bridge in Gadag; family suspects foul play
Gadag: A 28-year-old man who had been missing for four days was found dead in a burnt condition under suspicious circumstances in Gadag district.
The deceased has been identified as Chandru Kuri, a resident of Huyilagol village in Gadag taluk. According to reports, he had left his house on the night of March 24 after receiving a phone call and did not return.
Family members, who had been searching for him since then, later came to know that a body had been found in a charred state under a bridge on the outskirts of Hombal village.
Sources said the condition of the body indicates that it was set on fire, possibly to destroy evidence and conceal identity.
The family has alleged foul play, stating that Chandru may have been called out and murdered. They have also expressed suspicion over the involvement of certain individuals.
Gadag Rural Police have registered a case of suspicious death and initiated an investigation. Police said all possible angles are being examined to determine the exact circumstances of the incident.
