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Builder Avinash Prabhu arrested for duping people of Rs 100 crore; Range Rover, Audi seized

News Network
January 4, 2019

Bengaluru/Mangaluru, Jan 4: A prominent entrepreneur hailing from Mangaluru has been arrested by the Central Crime Branch (CCB) for allegedly duping people of at least Rs 100 crore after promising to build flats for them.

The arrested is Avinash Prabhu, managing director of Skyline Constructions and Housing Pvt Ltd and Kalmane Koffee, a coffee shop chain. The police have recovered a Range Rover and an Audi car from him.

Police commissioner T Suneel Kumar said, “Avinash and his brother Dhiraj Prabhu collected crores of rupees from people saying they were constructing apartments at Hennur, Horamavu, Yelahanka and Mangaluru but deceived them.”

Kumar said, “He used to take customers to the location, show them around and collect a sum in advance. A few days later, he would pretend that the construction had begun and would again collect a large chunk of money but finally abandon the buyers. He neither repaid nor constructed the apartment.”

Christopher Regal recently filed a complaint with Hennur police claiming to have been duped by Avinash. CCB too received several complaints in this regard, following which Kumar transferred the probe to CCB. Additional commissioner of police (crime) Alok Kumar said after tailing him for a week, Avinash was arrested from his office on Lavelle Road on Thursday. Police have frozen 15 of his bank accounts and have launched manhunt for Dhiraj.

Police said the probe revealed that Avinash had collected at least Rs 100 crore from 200 people and bought five acres of land in Kengeri, 3 acres in Allalasandra, 3 acres in Hennur, 7 acres in Kanakapura, 8.5 acres in Mangaluru, half an acre in Chennai and invested money in Kalmane Koffee, which has 11 outlets in Bengaluru. He also has properties outside Bengaluru.

Comments

Alex
 - 
Thursday, 7 Feb 2019

Is he still in jail, or is he out on bail?

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News Network
January 8,2020

Udupi, Jan 8: Senior journalist Raviraj Valalambe passed away due to suspected cardiac arrest on Tuesday night at his residence in Kinnimulki, here. He was 50.

Raviraj was rushed to a hospital after he complained of chest pain. He breathed his last on way to medical facility.

He was the director of Prime TV, a local Kannada news channel.

He had worked as a reporter for ETV and Suvarna News channel earlier.

He is survived by wife and two daughters.

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News Network
June 11,2020

Bengaluru, Jun 11: Chief Minister BS Yediyurappa on Thursday allowed the Opposition Congress party's newly elected state president DK Shivakumar to have a formal swearing-in function.

He told media, “I have spoken to Shivakumar and informed him to conduct the event after taking precautionary measures against the spread of the COVID-19 disease”.

The move came after the state government received flak from the main Opposition Congress leaders, for refusing to permit the newly elected State Congress president to have a formal swearing-in function take reigns from his predecessor Dinesh Gundu Rao.

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coastaldigest.com news network
January 8,2020

Mangaluru, Jan 8: No bandh-like situation prevailed in the coastal district of Dakshina Kannada, despite a nationwide strike called by trade union employees. Day-to-day activities are not disturbed, as buses and auto-rickshaws are moving as usual. 

However, in Bunder area, one of the business hubs of Mangaluru city, most of the shops today remained shut. As a result business was partially hit in the coastal city.

In other parts of Mangaluru city business firms, and market places are also open. Schools and colleges have not declared a holiday. government offices are also functioning as usually.

However, branches of many banks, excluding SBI, are closed for customers.

Members of various trade unions took out a rally and staged a protest in front of the Town Hall in Mangaluru.

Along with minimum wages, cancellation of contract labour system, no privatisation, welfare of farmers and other demands were also highlighted by the protestors. 

Slogans were also raised against Prime Minister Narendra Modi and anti-labour policies of his government. 

Members of AITUC, TUCC, AIUTUC, AIDYO, AIBEA, BSNLEU, INTUC, AIIEA, and associations of Anganwadi workers, mid-day meal workers, medical representatives, KSRTC employees, gram panchayat employees, and others took part in the protest.

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