Mangalorean woman flees Oman after duping USD 10 mln from investors

September 2, 2013
Dubai, Sep 2: A Mangalore based woman has allegedly duped a number of Indian investors to the tune of USD 10 million in Oman and fled the country, according to a report.
cheating

According to the victims, the swindler lured them by showing forged ministry papers claiming to be the in-charge of several projects, the Times of Oman reported.

"She lured us into the trap. She even produced forged papers claiming she was responsible for executing many projects. She wanted money and offered us interest. Trusting her, we gave her money after taking cheques," said an investor, who has lost 350,000 rials.

"She used to pay us interest in the beginning but after a few months she defaulted on payments. When we tried to enquire about her antecedents, she had already vanished," he said.

The victims said the woman fled Oman in May with at least USD 10.3 million (4 million Omani rials) and is said to "enjoying life" in Mangalore.

Victims of the fraud say the woman has duped several people and details now available with them prove that over 4 million rials were siphoned off within months.

"She used to visit the church and school meetings regularly to widen her network. By visiting these places regularly, she gained our confidence. We never thought that she will run away with our hard earned money," wife of one investor said.

The couple has registered a case with the police and approached the court too.

"In one case, the court has given a verdict in our favor. We are now planning to file more cases. We want the authorities to nab her, retrieve our money and send her behind the bars," the investor was quoted by the newspaper as saying.

Another investor who lost 78,000 is looking at the options available through the local police.

"We have moved the court. We are planning to file more cases. We are also talking with our lawyers for options to seeking Interpol's help as she has left Oman," he said.

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News Network
October 7,2024

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Mangaluru, Oct 7: In a heartbreaking turn of events, the search for Mumtaz Ali, chairman of Misbah Group of Educational Institutions, ended with the discovery of his mortal remains in the Phalguni river near Kulur. The somber discovery came after an exhaustive search, leaving a community in shock and sorrow.

He is the younger brother of former MLA Mohuiddin Bawa and former MLC B M Farookh. 

The incident has taken a deeply distressing turn with the filing of an FIR against six individuals, including a woman, who are accused of pushing Ali to a tragic end. 

The accused allegedly blackmailed Ali, fabricating a story about his involvement in an illicit relationship with the woman. Reports suggest that they extorted Rs 50 lakh from Ali and were unrelenting, demanding an additional Rs 50 lakh from him, casting a shadow over his final days.

The complaint, lodged by Ali’s grieving brother, accuses these individuals of driving him to despair through relentless blackmail and false accusations, ultimately leading him to take the tragic step.

In the early hours of Sunday, Ali left his home at 3 am, heading towards Suratkal, perhaps seeking some solace. A minor accident occurred when his car collided with a private bus near MCF. Despite the mishap, he offered a heartfelt apology to the bus driver and conductor—a gesture that now echoes with the pain of his unspoken struggles. After the collision, Ali made a U-turn near Panambur circle, driving back towards Kulur bridge, where his journey came to a sorrowful end.

Ali’s last moments hold an even deeper sadness, as he left behind a voice message in Byari, naming an individual who had been tormenting him mentally. Sent to his daughter and a close friend, the message revealed the unbearable burden he was carrying, hinting at his final decision to end his suffering.

This tragic loss has left the community and his loved ones grappling with unanswered questions and a profound sense of grief. As the investigation unfolds, the memory of Mumtaz Ali lingers, a reminder of the silent battles that too often go unseen.

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