CID Arrests Mumbai-Based Fraudster In Falcon Scam
Falcon Invoice Discounting mobile app and website created fake investment opportunities at reputed multinational companies: Reports
HYDERABAD: The Crime Investigation Department (CID) arrested a senior executive of a Mumbai-based payment gateway company in connection with the ₹4,215-crore Falcon Invoice Discounting scam. According to CID officials, the accused Sheik Mohideen, 46, serving as executive vice-president of Worldline E-payment Gateway, was taken into custody for facilitating transactions linked to the fraudulent operation.
Falcon Invoice Discounting mobile app and website created fake investment opportunities at reputed multinational companies. With this, they attracted 7,056 investors with assurances of substantial returns within short periods and collected ₹4,215 crore. Of these, 4,065 investors were cheated of around ₹792 crores through an entity operating under the Falcon Invoice Discounting platform. CID officials said that complaints lodged by victims led to the registration of multiple cases.
During the investigation, officials also found that the arrested executive colluded with the principal accused by providing payment gateway services that enabled the collection of investor funds. The payment gateway company is alleged to have earned nearly ₹7.53 crores in transaction-related revenue from the operations.
The accused was produced before a court and remanded to judicial custody. Investigation into the wider network of accused persons and financial transactions is continuing.
Chain snatcher arrested in Ramanathapur
A youth was arrested by Uppal police after snatching a gold chain from a woman in Ramanthapur. Locals caught the youth and handed him over to the police. The accused, B. Srinivas, 21, targeted the victim while posing as a customer in a cosmetic store. He asked for a couple of face washes and, when the victim turned around, snatched her chain by force and fled. Locals who heard her cries chased and caught him.
Police arrested the accused and used CCTV footage to trace his movements before and after the theft. Based on technical evidence and field investigation, Srinivas was apprehended. The accused confessed to the crime during interrogation. The stolen chain was recovered from his possession and seized as evidence. The arrested youth was produced before court and remanded in judicial custody. Further investigation is underway to determine his involvement in similar offences elsewhere in the city.
Cattle die after suspected feed contamination
Kothur police registered a case following the mysterious death of seven cows and a calf at a dairy farm in Kummariguda village, with the owner suspecting that the cattle feed was intentionally contaminated.
According to the complaint lodged by a 39 year old woman, she has been running a dairy business for the past four years, rearing cows and buffaloes in a shed near her village. Two workers from Bihar, identified as Munna and another individual, were employed at the farm for the past month to look after the livestock.
Police said the workers routinely soaked cattle feed in a trough before feeding the animals. On June 17, the workers allegedly demanded money from the farm owner. When she told them payment would be made after a month, they reportedly prepared the feed as usual and later left without informing her.
The cattle were not fed on June 18. On Friday, while the soaked feed was being removed from the trough for distribution, a calf consumed a small quantity and died shortly afterwards. The same feed was then given to seven cows, all of which later died.
The complainant suspects that the missing workers may have mixed pesticide, urea or another harmful substance into the feed. Kothur police registered a case and launched an investigation into the incident.
FIR against two top doctors for caste harassment, disrupting doctor’s clinic
Jubilee Hills police registered an FIR against noted orthopaedic surgeon and managing director for KIMS Sunshine Hospital Dr A.V. Guruva Reddy and another doctor following allegations of caste-based harassment, intimidation, defamation and interference with the professional activities of a medical practitioner.
The case was registered based on a complaint filed by Dr Sudheer Dara, anaesthesiologist and founder of a pain management centre in Jubilee Hills.
According to the police, Dr Dara alleged in the complaint that Guruva Reddy and K. Sudheer Reddy, orthopaedic surgeon associated with Landmark Hospital in Kukatpally, were publishing and circulating statements on social media accusing him of being a cheat. He claimed that the statements adversely affected his professional reputation, influenced patients against him and caused damage to his medical practice and livelihood.
The complainant, who stated that he belonged to the Scheduled Caste (Mala) community, alleged that the harassment, intimidation and targeting of his professional practice were linked to his caste identity. He claimed that public statements and videos circulated by the accused led to hostility against him and resulted in disturbances at his clinic, causing concern for the safety of his family, staff and patients.
Police registered a case under the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act and the BNS. When contacted, police officials refused to provide further information.
Woman injured as gas cylinder explodes in Alkapoor Township house
A woman was injured by falling debris after a gas cylinder exploded at an independent house in Alkapoor Township under the Narsingi police station limits on Thursday. The cylinder kept was in the balcony when it exploded, police said. The survivor was identified as Geetha, 40, a homemaker.
The blast damaged a portion of the balcony wall. Debris from the collapsed section fell on Geetha’s legs and caused injuries. She was shifted to a nearby private hospital, where she received medical treatment amd her condition stable and she was out of danger.
Narsingi police and fire services personnel went to the spot in information and commenced investigations.
