ACB arrested 6 men from Karnataka who attempted to withdraw Rs 117 Cr from AP CMRF
By Newsmeter Network Published on 7 Oct 2020 8:20 AM GMT
Vishakapatnam: In a major break-through in the sensational fake cheque scams, the officials of Anti- Corruption- Bureau (ACB) of Andhra Pradesh arrested six persons from Dakshina Kannada (Karnataka) in connection with the Andhra Pradesh Chief Minister’s Relief Fund (CMRF) scam. The six miscreants attempted to withdraw Rs 117 crore using three fake cheques.
Investigation found, Three fake cheques were deposited in banks at Mangaluru in Karnataka, Kolkta and in New Delhi. The fraud came to light when the SBI officials, where the accused tried to encash the forged cheques, cross-checked the transactions with their counterparts in Velagapudi of Thullur mandal and Vijayawada main branch. The accused had deposited fake cheques bearing the same cheque numbers issued by the department in three banks.
The arrested have been identified as Yogish Acharya, Udaya Shetty Kantavara, Brijesh Rai, Gangadhara Rao and two others, all are native of Karnataka. A few days back, three persons were arrested in the connection with the case in Kharagpur of West Bengal. So far, nine persons were arrested and the hunt is on to nab another gang of Delhi in connection with the case.
The arrested persons created fake cheques which looked real, and tried to deposit it in the banks in three places. The massive fraud transactions were stopped when bank officials suspected something fishy, when the cheques were produced at the bank.
The bank immediately contacted officials in Andhra Pradesh, and learnt it was a scam. Meanwhile, all transactions of the AP CMRF account have been suspended.
The investigation has revealed that the scamsters forged cheques sanctioned to three people to withdraw Rs 117 crore. Andhra Pradesh chief minister YS Jagan Mohan Reddy directed ACB officials to get to the root of the scam and unearth details.
Yogish Acharya had allegedly tried to deposit a Rs 52 crore cheque at State Bank of India in Moodbidri. However, the fraudulent transaction was stopped and he was arrested. Based on his confession five others were arrested.
