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IMA ponzi scam: Maulvi, who convinced people to invest in IMA, arrested

News Network
July 12, 2019

Bengaluru, Jul 12: A popular maulvi, who allegedly misled people by advising them to invest in IMA, has been arrested by the Special Investigation Team probing into the multi-billion Ponzi scam.

According to a release, the accused is Haneef Afsar Azeezi, a priest at the Masjid-e-Beparian in Shivajinagar.

Azeezi had allegedly misused the religious faith of the people and encouraged them to invest in IMA. Going by his words, hundreds of people invested in I Monetary Advisory.

It is said in 2017, Mohammed Mansoor Khan, the now absconding founder of IMA, had reportedly gifted Azeezi a house worth Rs 3 crore at HBR Layout in exchange for luring people to invest in his company.

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News Network
August 4,2020

Bengaluru, Aug 4: The Central Crime Branch-Bengaluru conducted raids at 35 locations in Hennur and Banaswadi areas on Tuesday morning and arrested seven foreign nationals without valid passports and visas.

The Crime Branch also recovered fake currency during the raid, which is currently underway, informed the police.

"Central Crime Branch-Bengaluru conducted raids at 35 locations in Hennur and Banaswadi area today morning and arrested seven foreign nationals without valid passports and visa, fake currency also recovered," Sandeep Patil, Joint Commissioner of Police, Crime, Bengaluru said.

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News Network
May 3,2020

Bengaluru, May 3: Renowned Kannada poet KS Nissar Ahmed passed away on May 3.

Winner of several awards including Karnataka Sahitya Akademi Award for Poetry, Rajyotsava Award, Padma Shri among others, Ahmed died at the age of 84

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coastaldigest.com news network
May 13,2020

Mangaluru, May 13: Karnataka revised its standard operating procedure (SOP) for international passengers to allow pregnant women, children and senior citizens to entre home quarantine if they test negative for covid-19. 

The development comes after former minister and Mangaluru MLA U T Khader urged the government to follow the Kerala model in handling the repatriates and take extra care of pregnant women and senior citizens at Mangaluru and Bengaluru Airports.

Passengers will be initially dived into two categories. Category A includes passengers symptomatic on arrival while Category B passengers are those asymptomatic on arrival. 

While category A passengers will be directly shifted to covid-19 hospital, category B passengers will be sent to 14-day institutional quarantine.

If there are pregnant women, children below 10 years of age and senior citizens in category B, they will remain in institutional quarantine until they obtain a negative report (after throat swab testing for covid-19). It may take one or two days to get the throat swab testing report. 

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