Home / Mumbai / Mumbai News / Article /
Mumbai Crime Branch busts Rs 5 crore extortion racket
Updated On: 20 January, 2024 05:16 AM IST | Mumbai | Faizan Khan
Accused targets businessman’s vulnerability by faking CBI probe to extort money
Listen to this article :
The accused induced fear by pretending to bribe CBI officials ultimately extorting R4.95 crore in multiple instalments. Representation Pic
An MG Hector vehicle, a substantial cash flow for a judiciary contact, and Rs 18 lakh RTGS transfer have emerged as key elements in a Rs 5 crore extortion case. The accused exploited a BKC-based businessman`s vulnerability, connecting it to 138 cheque-bouncing cases. To escalate their demands, the accused falsely asserted that the CBI had initiated a serious fraud investigation against the victim, leading to the extortion of significant sums. Authorities are currently pursuing an individual who assumed the identity of "joint commissioner" Gaikwad, using WhatsApp to threaten the complainant.
The crime branch has arrested Ravindra Saharan alias Laksh and the businessman`s driver, Hamnumant Kamble, charging them with cheating, impersonation, and criminal conspiracy. They are in police custody until January 25 after appearing before the 37th Metropolitan Magistrate Court on Friday. Additional Chief Metropolitan Magistrate L S Padhen emphasised the need for a thorough investigation into the accused`s misuse of the court`s name and a judicial officer for personal gain. Allegedly, the accused persuaded the informant to surrender a significant sum by falsely claiming to secure favourable orders from different courts and authorities.
Trending Stories
Latest Photos
Latest Videos
Latest Web Stories
ADVERTISEMENT
Mid-Day Fast
ADVERTISEMENT
ADVERTISEMENT