12 firms cheated of Rs 70 crore

12 firms cheated of Rs 70 crore

Company owner, two workers missing

The RT Nagar police said Jayashree, proprietor, Phinolics and two of her workers - Rajashekhar and Kumar - closed down their office at Ganganagar and fled on Tuesday. Phinolics had started operations in January, 2009.

The firm used to buy garments from 12 Chennai-based companies and export them. Recently, cheques issued by Jayashree  had bounced, added the police.  Bamini Mohan, Proprietor, Wintex Enterprises, came to Bangalore to enquire about the cheque bounce issue on Tuesday.

She was shocked to see the office closed and approached the police. Police found that Jayashree’s house was also locked. The police have launched a manhunt for three absconding people.

Plaint against life threat

KR Puram police have taken one person into custody for allegedly raping and issuing life threat to a woman.

Accused Ramachandra (28) of Mulabagilur, who is employed at a cable network office in Shivajinagar, was introduced to a woman some six months ago.

A few days later, he started staying with her in KR Puram. He promised her to tie the knot. However, Ramachandra failed to keep up his promise and told her that he had decided to marry another woman. He gave life threat when the woman protested.  Based on her complaint that she was raped and threatened, the police have taken up a case and secured him for questioning.

One arrested

The SJ Park police arrested one person in connection with a case of cheating and recovered fake transaction slips of Canara Bank, salary slips, seals, printers and computers worth Rs one lakh.

The accused has been identified as Ishwar (38), a resident of Kempapura Hebbal. According to the police, Ishwar used to create the fake records at his One Stop Electronics in SJ Park and give them to the public to raise loans.

On Wednesday, Deepak, manager of a private capital finance company, lodged a complaint with the police. He stated that a person, Sundar had applied for a loan to buy an autorickshaw. He had enclosed documents issued by Ishwar. Deepak grew suspicious and during verficiation found them to be fake.

Immediately Deepak approached the police. Within hours after the complaint was lodged, police arrested Ishwar.

Woman robbed

An unidentified person robbed an elderly woman of her gold chain worth Rs 65,000 in Vivekanagar on Thursday morning.

The incident occurred when victim, Kalavathi (65), who stays at 3rd cross in Erappa Garden behind Ashirvadam Apartments was returning home after buying milk.
The accused followed her, snatched her chain and fled, said police.

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