QBengaluru: Sania, Dravid May Be Victims of Big Ponzi Scheme

Catch the top headlines from in and around Bengaluru.

3 min read
Saina Nehwal, Rahul Dravid and Prakash Padukone  among the victims of the Ponzi scam.

1. Big Bengaluru Ponzi Scam: Sania, Dravid, Prakash Among Victims?

In a huge scandal that has emerged from Bengaluru, it now appears that at least 800 people were duped by a ponzi-scheme that was being run by city-based Vikram Investments. While the scam came to light after a local businessman complained, many prominent film and sportspersons have also been duped by the scheme.

These include bigwigs like Rahul Dravid, Saina Nehwal and Prakash Padukone, Banashankari inspector Puttuswamy confirmed.

So far, there are 66 complainants who have reportedly been duped of amounts ranging from Rs 5 lakh to several crores each. Police sources told TNM that while there hadn’t been able to zero in on an exact amount so far, it may be well over Rs 300 crore.

Read the full story on The Quint.

2. Spurned, Driver Stabs Woman With Beer Bottle

A 28-year-old man allegedly stabbed a woman twice with a broken beer bottle on BK Road, KG Nagar, south Bengaluru, on Monday evening after she turned down his pleas to marry him.

Rajanikanth, a resident of Pandavapura in Mandya district, has been arrested for allegedly attempting to murder the 29-year-old woman, who is from a neighbouring village in the district. Rajinikanth was stalking the woman, mother of two.

She is under treatment at Victoria Hospital and out of danger.

(Source: The Times of India)

3. BBMP Wants to Collect Entertainment Tax

The Bruhat Bengaluru Mahanagara Palike (BBMP) is likely to seek permission from the State government to collect entertainment tax or a share in the State GST.

During a discussion on the 2018-19 budget on Monday, BBMP Commissioner N Manjunath Prasad told the council that after the GST regime came into effect, the state government cannot collect entertainment tax. “There are provisions for urban local bodies to collect entertainment tax. ULBs in Madhya Pradesh, Gujarat and Rajasthan have been empowered to collect entertainment tax,” he said.

He added that the BBMP could also seek a share from the State government from the revenue it garners from motor vehicle tax and stamp duty.

(Source: The Hindu)

4. Chargesheet Filed Against Bengaluru Editor in Contract Killing Case

The Central Crime Branch (CCB) has filed a chargesheet against journalist and editor of Kannada weekly 'Hai Bangalore' Ravi Belagere, who was arrested in December last year on charges of hiring a contract killer to murder a fellow journalist, Sunil Heggaravalli.

Based on sharp shooter Mundewadi’s confession that Belagere had given him a .32 revolver, two bullets and a knife, asking him to gun down Sunil Heggaravalli, on 28 August.

CCB sleuths had arrested Ravi from his Padmanabha Nagar residence on 7 December.

(Source: The New Indian Express)

5. Clinic Owner Abducted, Driven Around For 6 Hours, Escapes After Tyre Bursts

A gang of six kidnapped and assaulted Shekhar BV (44), a resident of Girinagar who runs a rehabilitation centre for addicts on Mysore Road, last week for a ransom of Rs 50 lakh. He was moved around in a car for at least six hours during the night before the victim managed to slip away in the dark while the gang was fixing a flat tyre.

The police have managed to catch four of the six members, one of whom had used the rehab centre run by Shekhar.

The incident took place around 11 pm on 8 March when Shekhar was on his way back home from his institution. The gang’s luck ran out around 5 am, when one of the tyres burst. They had to stop by the roadside to change the tyre. And while a couple of them went to relieve themselves, Shekhar saw an opportunity and silently slipped through the back door unnoticed.

(Source: Bangalore Mirror)

6. Man Lies Bleeding on Road For 20 Min; Passersby Click Photos

A 34-year-old motorcyclist, who was hit by a truck on Tuesday morning, lay at Nayandahalli Junction on Mysuru Road with one leg crushed and another fractured for 20 minutes. Passersby were busy clicking videos on their mobile phones instead of helping him take to hospital.

Finally, Somasundar, a police constable attached with Byatarayanapura traffic police, who was deployed near the junction, rushed to the injured man’s rescue to Fortis Hospital in Nagarabhavi.

Madan Lal fell and both his legs came under the truck’s wheels. But the truck driver sped away.

(Source: The Times of India)

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