Bengaluru, Jan 18: Amidst the ongoing probe into the multi-billion IMA ponzi scam, another similar scam has come to light in the city wherein around 2500 depositors, most of them Muslims, are fearing that them may lose Rs 350 crore.
Shockingly, Shafiullah, Rafiullah, and Zabiullah, three brothers who run the Baraka Investment Consultant Private Limited, have accused the police of taking over 10 crore rupees bribe from them.
The depositors say that when they recently demanded their investments back from the accused the trio, they allegedly told them that they had paid the Central Crime Branch (CCB) and the RT Nagar police over 10 crores and they could collect that money from the police.
The aggrieved investors alleges that the RT Nagar police have charge-sheeted the three accused only on the complaints of 13 affected depositors who lost precisely Rs 97 lakh and the case is being probed under the Prize Chits and Money Circulation Schemes (Banning) Act, 1978 instead of Karnataka Protection of Interest of Depositors in Financial Institutions Act, 2004 (KPID Act) or the Banning of Unregulated Deposit Schemes Ordinance, 2019 (BUDS) Ordinance.
Aggrieved victims alleged that when the Baraka Investment Consultants had a Registration Certificate of Establishments from Department of Labour issued on November 28, 2017. The CCB took up a suo-motu case against Tellnet Computers on August 16, 2018, after they received complaints from Baraka investors.
Apparently, the CCB knew that Baraka Investment Consultants and Tellnet Computers was one and the same and operating from the same office, but they did not mention the name of Baraka in the case initially for reasons best known to them, said the victims of the Ponzi scheme. A few victims who wished to remain anonymous told BM that a CCB police inspector and one of the accused, Zabiullah, were childhood friends, neighbours and both hailed from Chikkaballapur. This is one of the reasons, they allege, the inspector has protected the accused by downplaying the scam.
The case registered by the CCB states that there are only 500 to 600 depositors who deposited amounts between Rs 50,000 to Rs 1 lakh expecting returns ranging from Rs 5000 to Rs 7000 a month, but in reality there are more than 2500 investors who have deposited amounts ranging from Rs 50,000 to Rs 50 lakh, expecting returns between 12% to 24%, said the victims. Despite this, the CCB was sitting on the case and making no investigations, the victims alleged.
It was later on in May 9, 2019, an FIR was registered by the RT Nagar police when many victims approached the police commissioner and petitioned him. “Even in this case, the accused Zabiullah was not arrested. Zabiullah’s two brothers, Shafiullah and Rafiullah, and his father Abdul Rahman were arrested, but were later granted conditional bails,” one of the victims Mohammed Yahya (42), a software engineer said.
Yahya had invested Rs 10 lakh with Baraka. “Though this case has been charge-sheeted, the police have not made any recoveries or they have not confiscated any properties of the accused,” alleged victim Habibur Rehman (42) who had invested Rs 5 lakh in Baraka. “There is clear-cut evidence that the accused was dealing in foreign exchange using the investors’ money without their knowledge and was offshoring and parking crores and crores in countries like Russia, Dubai, Malaysia, and Singapore. Though the police knew about this, they did nothing to stop it or bring it back,” said Azgar Pasha (44), a businessman who had invested Rs 41 lakh.
Comments
my dear hindu brother and sister dont blive in RSS they are not fighting for hindus they are fight to bring back the bristish rule bcoz they love thm bcoz they get everything wht they frm thm so they want thm back thz the reason they celebrate birth anniversry of killer our father of our nation tippu was curel for british and also for the people who support the british thtz y RSS says tht tippu is curel
India need another brave like Tipu sultan to eradicate RSS from the country.
RSS quotation itself proves that world has no matching personality like TIPPU for Nationalism and defence of country. For British - Tippu, Bhagat Singh, Sukhdev, Ashfakullah Khan, Ghandiji, S.C. Bose... the list is endless.... all were Terrorists. It was Timid Savarkar and Hindutva fascists joined hands with British, worked against mother India and responsible for the massacre of thousands of Freedom Fighters of India. Till today these anti-national forces neither recognised Secular India, nor constitution, tricolour flag, national anthem.. rather they use all these to destroy Secular India. Founder of RSS openly said NOT TO FIGHT AGAINST BRITISH and advocated his goons to fight against Muslims. This is the history of RSS & British
Why siddana and his chelas want to celebrate this coward tippu jayanti.......hope siddana want to make karanataka islamic state by apeasing minority community.....!
This is what RSS is , RSS didn't want independence coz they had a close with British , British even killed Bhagat Singh , Raj guru and sukhdev as traitor but we Indians still treat them as freedom fighters , I think RSS treat them as cruel ????
Shame on u bloody RSS people , you guys have no rights to be in india h better go to ur British bhais.
Dear Cheddies (Now Pantees),
who brought Silk from Persia to India....how many farmers are living beacuse of silk in India...just think it....
I think Cheddis were hand to hand with British against whome nationalist were fighting during independence
Britishers know that because of tipu. India got independence.
To British, Mahatma Gandhi was a traitor & an enimy !
Every patriot was an enimy !
Nathuram Godse was a murderer ! Why should anyone need a lesson by those who celebrate Mahatma's killers jayanti??
Now RSS and British are Bhai Bhai (Brother's).
We got Independent on 1947 But for RSS Chaddis they lost their Freedom on 1947.Wa Re Wa Chaddis.
What if the Tipu was a Hindu. The tune of RSS would be different.
Apna cheddy nahi Sambhal sake. Abhi pant per uthargaye.
All Indians fully understand that the RSS was actively in support of the British, and did ABSOLUTELY NOTHING to fight for India's independence from colonial rule. Its a known fact that USA has already enlisted RSS a terror group and has to be banned.
If he is cruel for british then of curse is hero for Indians.
If in front of RSS, Mahatma Gandhi is criminal, who else is good fro them.
RSS needs high level medical treatment. This is true not joke.
Whoever discussing any subject where RSS is involved, it is waste of time and finally it is stupidity to talk to them.
Just see what they did to Mahatma Gandhi and how they are glorifying his assassin Naturam Godse.
Unfortunately it is our unluck, still in India the majority of the people are their supporters therefore they were able to keep their puppet BJP in centre.
God, give them wisdom.
Who is British - Grand fathers of rss - they jointly involved in the cruel murder of our father of nation - GANDHI - they are the supporters for anti nationals and hindu terroristssss
British people considered all freedom fighters as cruel. Do you think all freedom fighters are cruel. in fact You guys are cruel. killed mahatma gandhi and other human beings in riots. RSS is following the foot step of Zionist, Nazism. they are deceiving people.
Oh yeah... Your savarkar / glovalkare was following British rules and they were feared of British rulers,. But Shahid Tippu was real tiger / hero of india / world. so british was too worried. Common man bloody RSS now wana prove based on British comments. hehehh.. shameless people. Being a tippu not a Savarkar
Yes ... This is the real face of the cheddis which was hidden for long time..the cheddis will follow their chachas (British) who want to rule over the people just like they used to rule over india and take all the resources and enjoy their life by making others to enslave them...
The hindus who think RSS is fighting for hindus is just a deception... U will surely see this in the near future...
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