Group of realtors duped of Rs 90 lakh by conmen

A group of realtors were duped of Rs 90 lakh by three men who were posing as Central Crime Branch officials on Friday.

Published: 26th November 2016 02:37 AM  |   Last Updated: 26th November 2016 02:37 AM   |  A+A-

By Express News Service

BENGALURU: A group of realtors were duped of Rs 90 lakh by three men who were posing as Central Crime Branch officials on Friday. The victims had planned to make money out of the demonetised notes after deciding that they had enough time to exchange them.

A senior police officer said the complainants Shivaram, Satish and two of his friends, who run a real estate business, alleged that one Akshay had contacted them over phone repeatedly and claimed that some of his
friends had the demonetised Rs 1,000 and Rs 500 notes totalling Rs 1.25 crore. He had offered them 20 per cent commission if they were ready to exchange the notes for Rs 90 lakh.

Believing him, Shivaram, Satish and 14 of their friends pooled in Rs 90 lakh in Rs 2,000 and Rs 100 denomination notes. On Thursday evening, they called Akshay to come to Satish’s house in JP Nagar. Akshay had told them he wanted to confirm that they had new currency notes and later he called his friends asking them to bring the money.

Meanwhile, three men came to Satish’s house in a Skoda car and entered the house claiming to be CCB police officials.

On the pretext of seizing the cash, they loaded the cash bundles into the car and asked Shivaram and his friends to come to the police station.  

Shivaram and Satish were forced into sit in the rear and were forced to get off on the way.
It was then that they realised they had been duped by Akshay and his gang and approached JP Nagar police and registered the case. A special team has been formed to nab the accused and call records details are being verified.

Stay up to date on all the latest Bengaluru news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp