Cyberabad police arrests four in connection of 11 Cr fraud, high-end car seized from accused

The police seized gold and silver ornaments worth Rs 50 Lakhs, seven mobile phones, five high-end cars ( 3-BMW, 2-Ford) and Rs.2 lakh from the possession of the accused persons and remanded them to judicial custody.

The cops acted on the complaints of P Veera Reddy, a resident of Bachupally.

In his complaint, the victim said that he got acquainted with one Vijay Kumar Reddy, who posed as a provisionally selected Indian Police Service officer (IPS) and currently running a Business of Travels (72 Buses ) and owns 32 acres parking area for their buses. In addition, the complaint was also introduced to Smriti Simha who posed as Chair-person of the International Human Rights Commission for entire South India. They appeared to be the couple to the complainant.

Through the couple, Veera Reddy was introduced to more conduits comprising of Raghava Reddy (Father of Vijay), who posed as Deputy Commissioner of Police in Central zone of Hyderabad, Ranadhir Reddy, Abhilash Reddy (Younger brother of Vijay), A.Pravalika as a cousin of Vijay and Ramakrishna Reddy (Relative of the Vijay).

According to the complainant, the accused trapped the complainant in the name of false and fake status and fictitious and concocted stories and by impersonation, fake and forged references gained huge amounts from him and cheated him to a tune of approximately 11 crores.

Further, the complainant stated that the above-said persons conspired together with deceitful intention to meet their extravagance and luxurious life and, by way of inducing him, extracted huge amounts from him and caused wrongful loss to him.

According to police, in reality, Vijay Kumar Reddy was a Computer Programme installer, and Smriti Simha was separated from her husband and running a supermarket in the Borabanda area. Both were in a living relationship. While they were facing financial problems, the duo hatched a plan to cheat Veera Reddy in order to meet their lavishness and luxurious life.

"They hatched a plan, and the remaining accused joined the conspiracy. Anki and Smrithi shifted their residence to APR Praneeth Antilia, a gated community in Bachupally where they made friends with neighbour Veera Reddy, the complainant, by posing themself as wife and husband," said the Police.

Later on February 5, Vijay Kumar Reddy died by suicide at his parents flat at Pragathinagar. Police said that the accused took this step due to their exposure of cheating which is under investigation.

On February 23, the sleuth of Bachupally Police arrested Smriti Simha, Raghava Reddy, Ranadhir Reddy and Rama Krishna Reddy, who jointly with common intention to defraud complainant Veera Reddy, with criminal conspiracy on the name of false and fake status and fictitious and concocted stories and by impersonation and fake and forged references cheated him in the limits of Bachupally PS, Cyberabad.

Two of the accused, Abhilash Reddy and A Pravalika, are absconding.