Yogesh K Porwar & Siddarath Sethia
T
he Subramanyanagar police on Wednesday arrested a realtor for cheating gullible people promising high returns on their investments.
The accused identified as Makali Kishan,used to threat the investors at gun point when they demand the returns.
Following a complaint from Gunanidhi,one of the investors, the police have registered a case of cheating and criminal intimidation and arrested the accused .
In his complaint,Gunanidhi,said that he got introduced to Kishan through a common friend.Kishan offered Gunanishi high returns for the investment .
When Gunanidhi said he did not have any money for investment,Kishan advised him to borrow personal loan and assured that he will pay the EMI and even give his returns of the investment .
Following the advised Gunanidhi borrowed Rs.15 lakh loan and transferred the money online to Kishan’s account as advised.
Initially Kishan paid few EMIs and later stopped paying the EMIs.When Gunanidhi started getting calls to pay EMI,he approached Kishan for which the accused threatened him with dire consequences at gun point.
Gunanidhi came to know using the Modus Operandi, Kishan had cheated many people.police asked the victims to approach the police and file a complaint .
