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Rahul Dravid files police complaint against ponzi firm

Agencies
March 18, 2018

Bengaluru, Mar 18: Former Indian cricket team captain Rahul Dravid has lodged a complaint against a Bengaluru-based firm for allegedly cheating him of Rs 4 crore, police said.

"Dravid had lodged a complaint with us two days back against Vikram Investment Company for cheating him of Rs 4 crore," Sadashivanagar police inspector Naveen told PTI here.

Though there were reports of many sportspersons and other celebrities being duped by the company, Dravid has been the first to lodge a complaint.

A couple of weeks ago, the police had arrested five persons, including a former sports journalist, for allegedly duping several people of crores of rupees through Vikram Investment Company.

The company's owner Raghavendra Sreenath and agents Sutram Suresh (a former journalist), Narasimhamurthy, K C Nagaraj and Prahlad were arrested, Naveen said.

Dravid, in his complaint, alleged that he had invested Rs 20 crore in the company in 2014 on assurance of getting higher returns, but was yet to get back Rs 4 crore to match his principal investment.

"Dravid has got Rs 16 crore, but he is yet to receive the remaining Rs 4 crore. The cricketer has submitted relevant documents in this regard," Naveen said.

A case was registered against the company and the five persons on the basis of a complaint lodged by one of the investors P R Balaji, who owns an incense sticks company.

The complainant alleged that the agents assured him guaranteed profits in commodity trading, but did not honour it.

Sreenath had set up the company and appointed a few men including Suresh as agents promising them enhanced returns on investments, police said.

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News Network
January 29,2020

Hamilton, Jan 29: India defeated New Zealand in the third T20 International via Super Over to take an unassailable 3-0 lead in the five-match series here on Wednesday.

India posted a competitive 179 for five at Seddon Park after being sent into bat. Opener Rohit Sharma top scored for India with a 65-run knock while skipper Virat Kohli contributed 38 runs in team's total.

Later, skipper Kane Williamson smashed a 48-ball 95 but New Zealand faltered in the final over to take the match into the Super Over.

Needing nine runs of the last over, New Zealand lost Williamson and Ross Taylor to finish at 179 for six and tie the match.

In the Super Over, New Zealand scored 17, a target which India overwhelmed in the final ball with Rohit smashing Tim Southee for two consecutive sixes.

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News Network
July 17,2020

Bengaluru, Jul 17: Bruhat Bengaluru Mahanagara Palike (BBMP) Mayor, M Goutham Kumar on Friday called for an extension of lockdown in the city for one more week due to rise in the COVID-19 cases.

"It will be better if we get more time to tackle COVID-19 cases, we wish for the extension of lockdown for one more week. We have given the proposal to the government," said M Goutham Kumar, BBMP Mayor.

"After the number of cases increased in Bengaluru, BBMP started antigen test in containment and hotspot zones of Bengaluru to tackle the cases which have crossed 2,000 mark," he added.

Along with Mayor, BBMP Commissioner Anil Kumar has also proposed the state government to extend lockdown in Bengaluru for one more week.

"The number of cases in Bengaluru increasing in Bengaluru rapidly. BBMP has inaugurated more than 200 vehicles in Bengaluru for the use of the antigen test," said Anil Kumar, Commissioner BBMP.

According to the Union Health Ministry, there are 51,422 COVID-19 cases in the state.

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News Network
May 15,2020

Bengaluru, May 15: The novel coronavirus infection tally in Karnataka state on Friday crossed the 1,000-mark with 45 new positive cases.

The tally has risen to 1032 with 35 deaths.

At present, there are 520 active cases, while 476 have been discharged following recovery

A maximum of 16 new cases are from Dakshina Kannada, followed by 13 in Bengaluru Urban.

Five cases are from Udupi, three each from Hassan and Bidar, two from Chitradurga and one each from Bagalakote, Shivamoga and Kolara, respectively.

A three-year-old is among the six minor infected by the virus.

Among the new cases, nearly 20 have a travel history to Dubai, four to Mumbai, and three to Chennai.

The rest of the patients are contacts in the Containment zone and those who tested positive earlier.

Medical Education Minister Dr K Sudhakar said that there is no community transmission as yet.

New cases reported: 45

Total active cases: 520

Total discharges: 476

Total covid deaths: 35

Death of covid +ve patient due to Non-Covid cause: 1

Total positive cases: 1032

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