Parmesh AS Jain
The electronic city police on Monday arrested a gang of five who cheated several businessmen in the city offering huge amount of business loan and escape with the one per cent commission which runs up to at least one crore .
Senior officer told reporters,Based on a complaint filed by vincent,a garment businessman,who stated in his complaint that,The duo met Vincent offering him RS 100 crore business loan and demanded RS.1 crore commission in advance after fake paper work at a star hotel in Electronic city on January 29.
The accused promised him that he would get the money to his bank account through online transaction and tried to slip but vincent who got suspicion on their behaviour did not let them go and until he gets the money in his account.
The accused then called their local associates for help,who rushed to the hotel and forcibly took Tiwari and Shukla from the hotel after threatening Vincent and got Rs 4 lakh in return.
After collecting details a team of police led by Inspector Anil Kumar,and his team with technical inputs track down the gang and arrested them from Mumbai and Madhya Pradesh .
During Investigations it was revealed that the accused have cheated four such businessmen using similar modus operandi but they have not filed complaint so far.
We will question them and get their statements too for further investigations.
A detailed investigation by the team it has revealed that the prime accused Santosh Tiwari , is a former manager with a private bank who was terminated from service for irregularities .
He used his banking experience to cheat people and pocket commission offering them huge amount of business loan.
Tiwari used his associate Sanjay Shukla to get the gullible clients using his network across the country.The accused used to stay in a posh hotel and using their charm cheat businessmen.
We suspect that they might have committed similar cheating in other states and we are trying to contact the counterparts of different states to check their criminal antecedents,a senior police officer,said .
Finally Bengaluru police commissioner,Kamal Pant has appreciated Addl CP East, Subramanyeswara Rao,DCP Southeast,Srinath Mahadev Joshi,ACP,Pavan N,PI,Anil Kumar HD, PSIs,as,Aiyappa RV,Mahesh Mallaiahanavar, Eshwar Vannur,and crime staff as, Veeresh,Nagesh M,Raghu NS,Nagaraj,Srisaila Etagi, Manjunath,Parvathreddy,Manjunath Talwar,Vittal B Nimbargi,Ladji Bhagwan, Basangowda Rajpur, Basavaraj Shelikari and others has been appreciated for nabbing the Notorious cheating gang and a suitable reward will be given to the team he added.
