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Mumbai police bust rice-puller scam
Updated On: 07 November, 2023 08:05 AM IST | Mumbai | Samiullah Khan
The three suspects admitted to conning at least 10 people using same modus operandi
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The complainant was asked to invest Rs 10 lakh for the rice-puller metal
The Crime Branch Unit 12 of the Mumbai police apprehended three individuals allegedly involved in a rice-puller metal scam on Sunday. The suspects attempted to deceive a resident of Malad into investing Rs 10 lakh with a promise of Rs 200 crore in return. The trio admitted to conning at least 10 people, including the complainant, by enticing them to invest in a “rare metal used in space exploration”, purportedly valued at Rs 300 crore. The suspects have been identified as Harish Kumar J, 34, Harish Shetty, 57, and Shaikh Khalil Ansari, 64.
According to the police, the complainant—a 34-year-old resident of Pathan Wadi in Malad East—was introduced to Shetty by his acquaintance Abdul Hamid. Shetty acted as a mediator between the owner of a purportedly powerful metal alloy known as copper iridium and the complainant. The complainant was told that the metal possessed unique properties, capable of absorbing alpha, beta, and gamma rays, and was used in space exploration. It was even said to have the ability to attract rice grains towards it. Hamid told the complainant that if he invested Rs 10 lakh to bribe RBI officials and cover the required tax amount, the Rs 300 crore allegedly deposited in Kumar’s account could be released, and the complainant would receive his share of Rs 200 crore.
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