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.
Locals present at the programme thrashed Abhishek Yadav before handing him over to the police.
Comments
ye log muslim ko badnaami ke har koi moke nahi chodna chahte
Chakka saala.......narens and virens brother.....both are missing.
This is how these saffron goons attack temples and rape Hindu girls and blame it on muslims.....and some fools to react... they are attacking our nation in disguise......
Hopeless fellows. People Should be punished with this kind of mindse
Ththese kind of people make our countrys strength week. We shd all fight agnest these kind of idiots
HIJDA caught wearing burkha, may be an agenda of RSS
He is an FAH....
First of all this sangh parivar goonda should be punished heavily in such a way that he will do the mischief ever again. Secondly the gathering of muslim in the name of religious duty is not recommended. Allah will definitely punish those who go against Him. Maatam is not recommended in Island. Rather it is recommended to do good things and fast two days. People instead of following it correctly, are practicing unnecessary and unauthorized activities.
Sikandi Baba in action.. haha,.. may be like his leader he is also confused with his gender..
It seems that our Hindu Brother is very much attracted to the Burkha. May Allah bless him with Hidayath.
Whenever such incidents happens the Culprits are caught...
9/11 done by the zionist... daily YT exposes with more proof.
Godse done the same act of disguising as muslim and killing Gandhi but was identified in the same day.
Here one more cheddi got caught...
I now Wonder, if all the bomb blast were done by this same ENEMIES who change their identity to spread corruption in the land to keep the masses in fear.....and rule those who are unaware of the CREATOR of all that exists
When caught, they will definitely say he is mentally ill ..... This is the nature of those who worship the devils.
I feel pity on those hindus who still fall trap to these DECEIVERS..
It is not surprise. Sangha Pariwar is always doing these kinds of anti-human act.
There may be VHP/ ABVP protest in Mangalore over beating their brother.
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