The bank accounts of the Rashtriya Bima Sena party head accused in the fraud case have been frozen by the Mumbai Police

The Rashtriya Bima Sena Party chairman RR Pandian's bank accounts have been frozen by the RCF police in Mumbai after he was recently detained in a cheating case. Pandian, who claimed to be a director of the 'Apna Ghar' scheme, was detained along with a bank manager for defrauding roughly 39 investors out of Rs 1.11 crore, according to the police.

 

The Mumbai police have now asked various investors to come forward if they have been duped or enticed by any such offer made by the accused Pandian. Suresh Rathod, the bank manager at The Blue People Co-op Credit Society Bank, was arrested with him.

Balasaheb Ghavate, a Senior Police Inspector at the RCF Police Station, confirmed the two suspects' arrests, saying, "During the initial inquiry, we discovered that 39 victims had been defrauded of Rs 1.11 crore. However, there is more reason to question that they defrauded more than 200 people out of Rs 2 to 2.50 crore. Anyone who has been defrauded by such a scheme should contact the authorities "he stated

 

Both of the suspects have been placed in judicial detention, according to the police. The RCF Police have filed a criminal complaint against them under the Indian penal code and the Maharashtra Protection of Depositors' Interests (in Financial Establishments) Act, 1999. Pandian, a history-sheeter, is accused of more than 20 crimes, including housebreaking, forgery, cheating and forgeries, and attempted murder, according to the police.

 

According to the police, an advertisement concerning the Apna Ghar scheme was published in January 2013. Claiming to provide low-cost housing for the working class. "After a meeting, the accused drove the victims to Panvel's Koliwada neighbourhood. I'm going to tell them about a 350-square-foot apartment. Pandian also advised them to borrow money from The Blue People Bank. To receive the keys to the flat, the bank demanded that the victims pay Rs 3,573 each month in installments over five years" a police officer stated. The money was sent to a Pandian account for five years, according to the authorities. However, after paying the cash for five years, the victim discovered the deception because no keys were supplied as promised.

 

 

Image Courtesy: @mumbai mirror