The racket used to send threatening letters to people on the letterpad of non-existent KLF, demanding money.
“If you want to live a long life with your family take this very seriously and do not inform anyone about this or else our punishment is direct death,” read a letter of KLF, demanding Rs 30 lakh from a Bangalorean.
The police arrested three persons, employees of a security service company, Prime Corporate and Allied Services.
Afroz Ahmed Nehavi (40), a resident of Indiranagar and a native of Rawalpura in Jammu and Kashmir, started the racket, said the police. Chandramohan alias B M Krishna (49), resident of Vinayakanagar and a retired military hawaldar of Maratha Light Infantry, and Rounak Sunil Narang (20), resident of Cambridge Road, Halasuru, were also arrested with Nehavi in the case.
Prime Corporate took security contracts of many organisations and gathered information about money-matters. Based on the information, they identified victims. The racket was busted before succeeding in such attempts.
