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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coastaldigest.com news network
June 29,2020

Mangaluru, Jun 29: Senior IPS officer Vikash Kumar Vikash today took over as the new commissioner of police of Mangaluru city.

He replaced Dr P S Harsha, who was recently transferred and posted as the Deputy Inspector General and Commissioner of Information and Public Relations.

Before coming to Mangaluru as city police chief, Vikash Kumar was the Deputy Inspector General of Police and Commander of Anti Naxal Force.

He had also served as the superintendent of police of Chikkamagaluru district.

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News Network
June 6,2020

Bengaluru, Jun 6: Karnataka Chief Minister B S Yediyurappa on Saturday said hotels and restaurants would be allowed to re-open, but the precautionary measures laid down by the Centre against coronavirus were mandatory.

The Chief Minister on Friday held a meeting with the tourism and transport department, also stakeholders, regarding revival of tourism in the state.

Hotels associations and transport companies have said they would follow the guidelines issued by the government, an official press release said here.

The Karnataka government had said it would go by the Centre's direction on opening religious places of worship, shopping malls, hotels, restaurants and other hospitality services on June 8.

Buses, hotels and taxi owners association placed some demands at the meeting, the release said, adding that Yediyurappa informed them that he would examine their demands and take appropriate decisions.

The Chief Minister also released a handout regarding the guidelines that need to be followed as the tourism department is opening hotels, guest houses and tourist destinations.

Deputy Chief Minister Laxman Savadi, Tourism Minister C T Ravi and senior officials of the department participated in the meeting.

The government had, on Thursday, said safaris, trekking, jungle lodges and resorts in areas that fall outside the COVID-19 containment zones can re-open provided they adhere to social distancing, hygiene as issued by the governments.

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News Network
April 4,2020

Bengaluru, Apr 4: Sixteen coronavirus cases have

been confirmed in Karnataka, taking the total number of the affected in the state to 144, the Health department said here on Saturday.

A 75-year old man, who is a resident of Bagalkote, who was confirmed positive on Friday and was being treated at a designated hospital in the district, expired last night.

"Till this evening, 144 COVID-19 positive cases have been confirmed in the state, which includes four deaths and 11 discharges," the health department said in a bulletin.

Out of the 129 active cases, 126 patients (including 1 pregnant woman) are in isolation at designated hospitals and are stable and three in Intensive Care Units (one on oxygen and two on Ventilators), it said.

Among the total of 144 cases detected and confirmed so far, eight are transit passengers of Kerala who landed in airports in Karnataka and are being treated in the state, it said.

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