Ponzi scam: SIT arrests IMA auditor Iqbal Khan

Agencies
June 14, 2019

Bengaluru, Jun 14: IMA Jewels auditor Iqbal Khan has been arrested by Special Investigation Team (SIT) in the IMA Ponzi scam in Bengaluru, the investigative team confirmed on Friday.

Iqbal Khan, a resident of Frazer town, has been the auditor of IMA for many years.

According to an immigration form, the main accused, IMA Jewels founder Mohammed Mansoor Khan, has flown to Dubai on June 8. As per SIT, efforts are being made to nab Khan.

The 11-member SIT headed by DIG BR Ravikanthe Gowda was formed by the Karnataka government to probe the alleged fraud by the firm, which has an estimated Rs 200 crore investment of Muslim women alone.

The SIT, which is a part of Karnataka Police, on Wednesday, arrested 7 directors of different entities linked to Mansoor Khan, who is accused of allegedly perpetrating financial fraud in Bengaluru.

The accused directors are - Nizamuddin, Nasir Hussain, Naveed Ahmed, Arshad Khan, Wasim, Ansar Pasha and Dada Peer.

The police officials confirmed that over 25, 000 complaints have been filed so far against the company.

It is alleged that IMA Jewels, with Muslims as its prime investors, has not paid interests on investments for the last three months.

Accused Mansoor Khan disappeared after sending an audio clip to some investors threatening to commit suicide due to what he alleged was "harassment" by some politicians and rowdies.

IMA founder Khan, in the said audio clip sent to investors, alleged that rebel Congress MLA Roshan Baig had taken Rs 400 crore and was not paying back. He has, however, refuted the allegation and termed it a "total conspiracy."

Currently, shops of IMA Jewels in Shivaji Nagar are closed.

Scores of investors staged protests outside IMA Jewels' office in Sivaji Nagar, demanding the firm to return their money.

Unfortunately, one of the investors in IMA Jewels died yesterday due to a heart attack. The investor, who has been identified as Abdul Pasha, had invested Rs 8 lakh in the firm for his daughter's marriage. He died in Bengaluru's Sapthagiri hospital.

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ABDUL AZIZ SHE…
 - 
Saturday, 15 Jun 2019

Really very sad people invest in these companies in lakls ,  without having knoweldge

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News Network
July 16,2020

Belgaum: Canon, Epson and Nikon reside in a house named "Click" in Karnataka's Belgaum district.

The newly built house of photographer couple Ravi and Krupa Hongal, which resembles a giant DSLR camera, has not only enamoured locals but has become quite a sensation on social media.

The three-storied camera-shaped house located in Shastri Nagar is an expression of passion and love for the art of photography of the couple whose children- three boys- have all been named after the iconic camera brands.

Their names ''Canon'', ''Epson'' and ''Nikon'' feature prominently on the house whose exterior resembles a camera. Just like a camera, the building has a glass window shaped as a viewfinder and another as a lens. It sports a wide film strip, a flash and even a memory card.

The walls of the house walls and its interior have graphics related to photography.

"I have been photographing since 1986. Building this house is like a dream come true. We also named our 3 children-Canon, Nikon and Epson. These all are three camera names. I love the camera and hence named them on camera companies name. My family were opposed to it, but we remain adamant," photographer Ravi told media persons.

Karnataka: A photographer couple, Krupa Hongal&Ravi Hongal, has built a camera-shaped house in Belgaum. Krupa (pic3) says,"It's a dream come true. We also named our 3 children-Canon,Nikon&Epson." Ravi (pic4) says,"We borrowed money for it&also sold our previous house."(14.07.20) pic.twitter.com/8Mkh1JOUk1

— ANI (@ANI) July 14, 2020
The photographer says the couple had to borrow money from relatives and friend for constructing the house. "We also sold our previous house to build this house," he added.

Krupa said that it was their cherished dream to build a house like a camera.

"My husband is a photographer. It was our dream to build a house like a camera. We planned and built this house. We feel like we are living inside a different world, inside a camera. I am very proud of my husband," she said.

Canon, their elder child said, "My friends used to ask me whether it was my real name. Now, I tell them yes, photography is my father's passion and hence he named me Canon."

On social media, the picture of the unique shaped house has been shared widely.

"This is called love for the passion," said one user on Twitter.

Another user commented: "A camera-obsessed photographer from India builds a camera-shaped house! 49-year-old Ravi Hongal has spent over $95,000 building the 3-story house, which looks like a camera in the town of Belgaum in India."

The family seems to be indeed living a picture-perfect dream.

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coastaldigest.com news network
May 22,2020

Bengaluru, May 22: Karnataka reported 138 fresh cases of coronavirus on Friday, taking the state tally to 1743.

26 patients have been discharged on Friday and in total, 597 people have been discharged in Karnataka while total number of active cases in the state is 1,100. 41 people have succumbed to the virus, informed the state health department.

Out of the 138 cases, 111 are returnees from Maharashtra.Out of the 138 cases, 47 are from Chikkaballapura alone, 10 cases from Raichur eight cases each from Bidar and Mandya, five cases each from Bengaluru Rural and Bengaluru Urban, and 14 are from Hassan.

From Bengaluru Rural, three patients are returnees from Maharashtra. A fifty-five year old female from Bengaluru Rural, has contracted the virus and has been diagnosed with a history of SARI. She is currently under observation at a designated city hospital.

Five patients have tested positive from Bengaluru Urban. A 42-year-old woman tested positive in Bengaluru Urban and has been diagnosed with a history of Influenza-like Illness (ILI). She is currently under observation at a designated city hospital.

Two men, who have tested positive from Dharwad are returnees from Delhi. Both of them are currently under observation at a designated hospital in Hubli. A seventy-five year old male who has contracted the coronavirus has returned from Jharkhand.

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News Network
May 21,2020

Shivamogga, May 21: An FIR has been registered against Congress interim President Sonia Gandhi in Sagar taluk of Shivamogga district of Karnataka over tweets on May 11 by the party's official handle about PM-CARES fund.

The FIR, registered under Sections 153 (wantonly giving provocation with intent to cause riot) and 505 (statements conducing to public mischief) of the Indian Penal Code (IPC), identifies Gandhi as the handler of the social media account.

The complaint by advocate Praveen KV alleged that the Congress party, through the tweets, has made rumourous statements against the Government of India and Prime Minister Narendra Modi and was trying to provoke the people against the government.

According to the FIR, the Congress party had on May 11, 2020, made false and baseless allegations, claimed misappropriation of PM-CARES Fund and cast aspersions on the Government of India through the tweets.

"A Twitter account handled by All India Congress Committee headed by Sonia Gandhi had on May 11, 2020, published tweets terming PM CARES Fund as PM CARES Fraud. They had claimed that the PM CARES fund is not being used for the public," Praveen KV told ANI on Thursday.

He said that he has collected all the details related to the tweets and account from the handle and filed a complaint in the matter, following which a preliminary enquiry was conducted and an FIR was registered in the matter.

"They had also said that the Prime Minister was enjoying and going to foreign trips with this fund. This is clearly rumourous news against the Government of India in this COVID-19 pandemic situation. In this regard, I had filed a complaint. After a primary enquiry, the Sagar Police has filed an FIR against Sonia Gandhi, who heads the INC Twitter account," Praveen KV said.

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