Fake currency notes of Rs 2K, Rs 500 worth Rs 7.10 crore seized

News Network
April 19, 2018

Belagavi, Apr 19: The police have busted a massive counterfeit currency racket in Karnataka’s Belagavi. They arrested one person on Wednesday and seized fake currency notes adding up to Rs 7.10 crore face value, stocked for distribution among voters on the eve of the polling day.

Acting on the credible information received, police raided an abandoned Public Works Department (PWD) quarters building in Visvesvaraya Nagar in APMC police station jurisdiction.

They arrested one man identified as Ajitkumar Nidoni, a resident of Sadashiva Nagar in Belagavi. The police also raided an abandoned house. The fake cash was kept in the cupboard and was meticulously packed.

The police seized Rs 5.84 crore fake currency notes of Rs 2000 face value and Rs 1.26 crore fake currency of Rs 500 notes face value all adding up to a total of Rs 7.10 crore in fake money.

Police sources said the persons behind the racket had stocked the counterfeit currency with the intent to distribute it to voters on the eve of the polling day.

Police have booked a case of cheating, bribing the voters. This is the first instance wherein attempts have been made to distribute fake currency notes to lure voters.

The police investigations are yet to reveal where these currency notes were printed, how they were transported and they were meant to favour which candidate. APMC police are investigating the case.

Comments

Danish
 - 
Thursday, 19 Apr 2018

I was listening Modi's black money speech.. What a comedy.. He has good humor sense.. I feel pity on people who eleccted modi.. poor Sanghis

Feku
 - 
Thursday, 19 Apr 2018

“Agar ek baar ye jo chor lutero ke paisa videshi bankon me jama hain na…, itne bhi hum rupaye le aaye na to bhi hindustaan ke ek ek garib aadmi ko mufat me 15–20 lakh rupaye yu nh mil jayenge, itne rupaye hain. ye hamare MP sahab keh rahe the, kala dhan aa jaye to jahan chahe railway ...

 

- Modi

Danish
 - 
Thursday, 19 Apr 2018

authority saying 2000 rupees shortage.. for this no shortage.

Truth
 - 
Thursday, 19 Apr 2018

Instead of spending money for some votes atleast they can spend half of the money for poor people

Kumar
 - 
Thursday, 19 Apr 2018

Poll bound money leakage

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News Network
April 9,2020

Bengaluru, Apr 9:  Ministers and members of Legislature in Karnataka will take a 30 per cent cut each in their salaries and allowances to fund the fight against coronavirus in the state, for a year.

An ordinance to reduce the salaries of ministers and legislators by 30 per cent for one year to meet the exigencies arising out of COVID-19 pandemic was approved by the state cabinet headed by chief minister B S Yediyurappa on Thursday.

"... we have cut by 30 per cent salaries and allowances of all ministers, MLAs, MLCs, also speaker, deputy speaker, chief whip every one for one year from April 1, amounting to Rs 15.36 crore," Law and Parliamentary Affairs minister J C Madhuswamy said.

Speaking to reporters after the cabinet meeting, he said, "we have the consent from all the political parties for this, so we have passed the ordinance today."

The Union Cabinet on Monday had approved a 30 per cent cut in salaries of all Members of Parliament and a two-year suspension of the MP Local Area Development (MPLAD) scheme.

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News Network
February 9,2020

Uppinangady, Feb 9: Two members of a family were killed after the car collided with a tanker on the NH 75 at Bedrody near Uppinangady last night.

Police said on Sunday that the deceased have been identified as Jainy Saji (30) and her elder brother Jeeson (40).

Jainy and Jeeson were going to Uppinangady when a tanker, coming from the opposite direction, rammed into their car.
 

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News Network
February 14,2020

Bengaluru, Feb 14: Bengaluru Police on Friday said that it has busted a gang engaged in e-commerce fraud over the online marketplace who were involved in 200 of the 316 cheating cases registered last year.

"We registered 316 cases for cheating through online marketplaces last year. We have busted a gang operating from Rajasthan's Bharatpur and arrested 5 people. They are responsible for 200 out of 316 cases. We are questioning the accused," Bhaskar Rao, Commissioner of Police, Bengaluru told reporters here.

Explaining their modus operandi, the Police Commissioner said, "There were fictitious buyers and sellers on the online marketplace. These people used to call up prospective buyers and sellers. The products that were shown were two-wheelers, four-wheelers, electronic items and furniture."

"People used to send their money to these fraudsters using their QR code. The fraudsters were operating from Bharatpur in Rajasthan. A police team of 15 was sent to the place from where they were operating. Rajasthan police gave us full cooperation and we were able to arrest five persons," he added.

Rao said that these fraudsters had an idea about the loopholes in the e-commerce sector and exploited them.
"Some of those arrested were employed in the e-commerce and banking business and they had an idea about the loopholes in this sector," he said.

"We warn the citizens to ensure that they verify the antecedents of the buyers and sellers in this sector before spending money on these platforms," he added.

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