Six Dakshina Kannada Residents held for using Fake Cheques in Andhra scam

Six Dakshina Kannada Residents held for using Fake Cheques in Andhra scam

Mangaluru: The Anti-Corruption Bureau of Andhra Pradesh police arrested six persons from Dakshina Kannada in connection with the Chief Minister’s Relief Fund (CMRF) scam, wherein miscreants made attempts to withdraw Rs 117 crore using three fake cheques.

The arrested are Moodbidri resident Yogish Acharya, 40; Udaya Shetty Kantavara, 35; Brijesh Rai, a resident of Mangaluru; Belthangady resident Gangadhara and two others. A case had been registered at the Thulluru police station in Andhra Pradesh, based on the complaint filed by P Murali Kirshna Rao, assistant secretary, revenue department. The case was registered in September 2020.

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The arrested persons created fake cheques that looked like real ones, and tried to deposit it in the bank. The massive fraud transactions were stopped when bank officials suspected something fishy, when the cheques were produced at the bank. The bank immediately contacted officials in Andhra Pradesh, and learnt it was a scam. Meanwhile, all transactions of the AP CMRF account have been suspended.

It is alleged that the scamsters forged cheques sanctioned to three people to withdraw Rs 117 crore. Andhra Pradesh chief minister Y S Jagan Mohan Reddy directed ACB officials to get to the root of the scam and unearth details. The fraudsters tried to withdraw money in Mangaluru, West Bengal and Delhi.
According to Mangaluru police sources, arrested accused Yogish Acharya had allegedly tried to deposit a Rs 52 crore cheque at State Bank of India in Moodbidri. However, the fraudulent transaction was stopped and he was arrested.

Source : TOI