Yet another fake investment company case surfaces in city

March 8, 2011

arrest

Mangalore, March 8: In yet another major fraud case, Mangalore police on Tuesday raided two offices of a city based fraudulent investment company and took a few people into custody for investigation.

A large number of investors have alleged that 'Dreamz Tours and Travels (DTT), which has two offices at Cee Dee Complex, in Pumpwell, cheated them after promising to help them make some quick money. Previously, the company had operated under the names of Unipay, Visa Rev, and Unigold.

With the hopes of doubling their investment in 10 months, a large number of people invested crores of rupees in an online trading chain scheme.

The development comes within a few days after police took action against Global Index Investment Company (GIIC), a similar fraudulent company following complaints lodged by its victims.

Victims have alleged that DTT, managed by one Sandesh Mascarenhas, not only failed to meet its promise of doubling the money but also deceived people by swallowing the entire deposit.

“They cheated us after assuring that they would invest the money in gold in Malaysia and other countries, which will result in high return” said, one of the victims.

Kankandy police are investigating the issue after sealing both the offices of DTT.


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News Network
November 27,2024

Mangaluru is set to witness its largest oncology conference as Kasturba Medical College (KMC) Mangaluru, celebrating its 70th year Platinum Jubilee, hosts the 44th Annual Conference of the Association of Radiation Oncologists of India (AROICON 2024). Scheduled from Thursday to December 1, the grand event will take place at the Dr. TMA Pai International Convention Centre.

Dr. B. Unnikrishnan, Dean of KMC Mangaluru, highlighted the conference's scale, stating, “With over 1,800 registrations from India and international delegates, AROICON 2024 marks the largest congregation in the event's history.” The Association of Radiation Oncologists of India (AROI), which boasts more than 5,000 members, brings together top experts, professionals, and researchers in the field of radiation oncology for this prestigious annual conference.

The inaugural ceremony on Friday will feature Dinesh Kumar Shukla, Chairman of the Atomic Energy Regulatory Board (AERB), as the chief guest, with Dr. H.S. Ballal, Pro-Chancellor of Manipal Academy of Higher Education, presiding over the event.

Participants can look forward to an impressive lineup of over 600 research presentations and 150 scientific sessions. The program includes engaging debates, panel discussions, postgraduate quizzes, and other educational activities, aiming to elevate expertise in radiation oncology.

Dr. Dilson Lobo, Joint Organising Secretary, shared that Thursday’s agenda features the Indian College of Radiation Oncology (ICRO) workshop titled IMPACT - Interactive Modules for Problem-based Assessment and Case-based Teaching. “This workshop alone is expected to engage over 400 participants,” he said.

A special highlight of the conference will be the distribution of over 100 awards recognizing exceptional contributions to scientific research, clinical innovation, and education. Additionally, more than 40 trade exhibitors will showcase cutting-edge treatment solutions, providing a platform for innovation and collaboration.

AROICON 2024 promises to be a landmark event, uniting the global oncology community in Mangaluru and underscoring the city's growing importance as a hub for advanced medical education and research.

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News Network
November 22,2024

Mangaluru: A man fell victim to an online scam, losing Rs 1.7 crore after fraudsters posed as officials from TRAI. According to a complaint filed at the CEN police station, the incident began on November 11, when the complainant received a call from an unknown number at 9:49 am.

The caller, claiming to represent TRAI, alleged that another mobile number registered under the complainant's name was involved in illegal activities in Andheri (East), Mumbai. The caller further stated that an FIR was lodged against the complainant for harassment under the guise of marketing. He was instructed to contact Andheri (East) police station immediately or risk his mobile service being deactivated within two hours.

The complainant was subsequently connected to an individual named Pradeep Sawant, who claimed the complainant was implicated in a money laundering scheme linked to the Naresh Goyal fraud case. Sawant alleged that a fraudulent bank account under the complainant's name was opened at Canara Bank, Andheri, and used to purchase a SIM card for illegal activities. He warned that the complainant could face arrest.

Later, the complainant was contacted via WhatsApp video call by individuals posing as Rahul Kumar (a police officer) and Akanksha (a CBI officer). They allegedly sent fabricated CBI documents to his WhatsApp number. The fraudsters demanded money to "resolve" the case. Fearing threats, the complainant allegedly transferred Rs 1.7 crore through RTGS in batches of Rs 53 lakh, Rs 74 lakh, and Rs 44 lakh between November 13 and 19. A case has been registered at the CEN police station and an investigation is ongoing.

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News Network
November 14,2024

Bengaluru: Karnataka Deputy Chief Minister D K Shivakumar on Thursday backed Chief Minister Siddaramaiah over his claim that the BJP had offered Rs 50 crore each to 50 Congress MLAs in an attempt to "topple" the state government.

Addressing reporters here, Shivakumar, also the Congress state president, said, “The BJP indeed lured 50 Congress MLAs with Rs 50 crore each.”

He defended Siddaramaiah’s statement and said the Congress MLAs were briefed about the BJP’s alleged 'Operation Lotus', a term used to describe the BJP's attempts to destabilise ruling governments through horse-trading.

“Some of our MLAs informed the Chief Minister about this matter, and he, in turn, shared it with the media,” Shivakumar said.

At an event in Mysuru, Siddaramaiah reiterated the claim that "none of the Congress MLAs had accepted the offer".

He also accused the BJP of filing false cases against him in a bid to "remove him and overthrow his government".

The BJP has yet to respond to the allegations.

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