CBI arrests Kasargod Ponzi scam-accused on deportation from Saudi Arabia

coastaldigest.com news network
March 28, 2021

Kasargod, Mar 28: The Central Bureau of Investigation has arrested an absconding accused Sudeer Muhammed Cheriya Vannarakkal, an economic offender, at Delhi who was deported from Kingdom of Saudi Arabia. He was involved in five cases registered in CBI at Chennai.

CBI had got issued a Red Notice through Interpol against the accused. The accused was located in Saudi Arabia and with the close assistance and coordination with the authorities in Saudi Arabia through Interpol channels, he was deported back to India.

The arrested accused will be produced before a court at Ernakulam (Kerala).

CBI had registered five cases on the Orders of Kerala High Court and taken over the investigation of the cases, earlier registered at Police Station Kasargod (Kerala).

In four cases, it was alleged that the accused and others floated a private company based at Kasargod, made false promises and representations to the public at large with the assurance to return of investment with exorbitant rate of interest after 61 days of their investments and also promised to pay commission of 2 per cent per month to the agents who had mobilized the investments for the said company.

During investigation, it was found that from 2009-11, all the accused had entered into conspiracy at Kasargod and other places, floated a fraudulent scheme called Forex trade (trading with foreign currencies). They promised monthly returns of 7% on principal to the depositors and 2% to the agents for mobilizing the depositors.

They collected huge deposits in cash to the tune of around Rs 9,93,68,000 from depositors and cheated them by not repaying the assured returns as well as the principal amount, thereby causing huge loss to the depositors.

After investigation, a chargesheet was filed in the Court of Chief Judicial Magistrate, Ernakulam. The accused were declared as Proclaimed Offenders by the Court.

The fifth case was registered on the allegations that the accused induced the complainant to arrange Rs 50 lakh as deposit and promised to give monthly returns arising out of his business to the depositors. The Complainant allegedly invested Rs 19 Lakh in the year 2011 in the said company and the accused did not pay returns or the principal amount to the complainant.

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News Network
November 11,2024

Mangaluru: Six youths including teenagers have been arrested by the Bantwal Rural Police in connection with a brutal assault on 21-year-old Aboobakar (name changed to hide identity), an incident that was widely shared on social media after footage revealed the victim tied to a pole and violently beaten.

The arrested individuals, all from Kanchinadkapadavu, Sajipanadu village in Ullal Taluk, have been identified as Mohammad Sapwan (25), Mohammad Rizwan (25), Irfan (27), Anis Ahmad (19), Nasir (27), and Shakeer (18). According to police reports, the assault took place on November 7 in Kanchinadkapadavu.

The sequence of events began when Aboobakar was reportedly called to a residence in Kanchinadkapadavu by a female relative. Upon his arrival, he was confronted by the accused, who questioned his presence, tied him to a pole with ropes, and attacked him while he was shirtless. 

Aboobakar managed to file a police complaint the following day, detailing the assault. As his injuries worsened, he was admitted to a private hospital in Mangaluru.

While in the hospital, Aboobakar alleged that his attackers intended to kill him during the assault. This statement led to additional charges of attempted murder being filed. 

Police officials stated that the suspects were subsequently apprehended, charged with group assault and attempted murder, and placed in judicial custody. The investigation is ongoing, and further details are awaited.

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News Network
November 11,2024

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Mangaluru: In a deeply tragic turn of events, a 28-year-old woman named Ranjitha, who had recently given birth but tragically lost her newborn, ended her life by suicide on Monday. She reportedly leapt from the fourth-floor window of Lady Goschen Hospital’s luggage room.

Ranjitha, whose strength and resilience had carried her through a difficult pregnancy, was scheduled for discharge on Monday. Her journey to Lady Goschen Hospital began on October 24, when she was transferred from Karkala. She was a high-risk patient, battling both hypertension and diabetes. At the time of her admission, she was just 27 weeks pregnant.

Due to the complexities of her health, doctors made the difficult decision to perform an emergency C-section on October 30. She delivered a baby girl, premature and weighing only 960 grams. The newborn was immediately moved to the Neonatal Intensive Care Unit, where doctors did all they could. Despite these efforts, the baby passed away on November 3.

Ranjitha’s sorrow was profound. She stayed under hospital care even after her initial recovery and was preparing to go home on November 9. She had even requested a couple more days at the hospital, seeking time perhaps to cope with her unimaginable grief.

On the day of her discharge, a discharge card ready and her family eagerly waiting to take her home, Ranjitha reportedly made her way to the luggage room in the early hours. There, standing on a cot placed for patients' family members, she climbed to a window and fell from the fourth floor. Despite the attempts of another visitor to intervene, tragedy was inevitable. She was rushed to Government Wenlock Hospital, where doctors confirmed the worst—she was no more.

Dr. Durgaparasad M R, the Medical Superintendent at Lady Goschen Hospital, shared his grief and spoke of the ongoing investigation. A post-mortem is to be conducted, and the local Tahsildar will complete the necessary inquest procedures. Ranjitha’s exact reasons for taking this step are yet to be confirmed, though the weight of her recent losses paints a sorrowful picture.

If you or anyone you know is struggling emotionally, please remember that help is available. Reach out to mental health experts who can provide support and guidance. The toll-free helpline number 9152987821 is available to assist anyone in distress.

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News Network
November 18,2024

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Mangaluru: The Ullal police have arrested Manohar, the owner of Vazco Beach Resort, and its manager Bharath in connection with the drowning of three college girls from Mysuru at the resort’s swimming pool on November 17.

City Commissioner of Police Anupam Agrawal confirmed the arrests, stating that a case has been registered under Section 106 of BNS. The bodies of the victims, all in their twenties, have been handed over to their parents. The women had arrived at the resort for a weekend getaway on November 16.

Following the tragic incident, the resort was sealed by officials led by Mangaluru Assistant Commissioner Harshavardhan. The trade license of the resort, issued on June 13, 2024, has been suspended, and the tourism department has temporarily revoked the resort's registration. These actions prohibit the resort from engaging in any tourism-related activities until further notice.

Someshwara TMC Chief Officer stated that the suspension was due to the resort's failure to implement adequate safety measures, which resulted in the loss of three lives. Further investigations are underway.

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