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Mumbai News: CBI arrests SoBo developer in connection with ₹280 crore fraud with SBI bank

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Mumbai: The Central Bureau of Investigation (CBI) on Monday arrested Harresh Mehta, a prominent developer from South Mumbai and director of Rohan Lifespaces Ltd, in connection with a fraud case. The case involves an alleged scam of Rs 280 crore, defrauding a leading public sector bank. The arrest was carried out by the CBI’s Economic Offences Wing (EOW) in Mumbai.

Details on the case

The CBI’s EOW Mumbai unit initiated the probe in 2016 based on a complaint filed by the Thane branch of the State Bank of India (SBI) against the directors of Rajput Retail Ltd (RRL), Vijay Gupta, and Ajay Gupta. The complaint stated that the accused directors conspired with unknown government servants and availed three loans from the bank using forged documents, resulting in a fraud of Rs 280 crore.

Involvement of Harresh Mehta in the case

During the investigation, the role of Harresh Mehta from Rohan Lifespaces Ltd and Rohan Constructions Ltd emerged. The CBI conducted searches at Mehta’s offices and residences, as well as at Ruby Mills Ltd. It was revealed that loans totaling Rs 155 crore were sanctioned for the purchase of premises in a building called The Ruby.

Legal proceedings in the case

Mehta is currently in judicial custody, and the CBI had submitted a chargesheet in the case in July 2018. Mehta’s lawyers argued against extending his custody, claiming that he had cooperated fully with the agency. They also contended that Mehta was not involved in forgery, fabrication of documents, or cheating, asserting that his arrest by the CBI was unlawful.

Another case taken over by CBI recently

In another development with the investigative agency, the CBI has taken over the investigation of a graft case wherein an Income Tax officer had allegedly demanded a bribe from a doctor for not taking action on a complaint against him for non filing of income tax returns. The accused was caught red-handed by the Maharashtra Anti-Corruption Bureau (ACB) in December 2020 while accepting a bribe of Rs10 lakh from the complainant.

Crime

Karti Chidambaram seeks probe into cough syrup deaths

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Chennai, Oct 14: Congress MP Karti Chidambaram on Tuesday demanded a comprehensive probe into the deaths of 22 children, allegedly caused by the consumption of a contaminated cough syrup manufactured in Tamil Nadu.

Describing the incident as “an unforgivable public health disaster”, he urged the government to fix accountability at every level and ensure that such negligence never recurs.

In a strongly worded statement, Karti said the government must trace the supply chain of the tainted drugs and identify where the lapses occurred.

“How did the medicine pass the quality test? Were proper quality checks conducted at all? Who certified the product as safe? Every one of these questions must be investigated in detail,” he said.

The Congress MP stressed that the deaths of over 20 children cannot be dismissed as mere statistics. His remarks came amid intensified investigations into Sresan Pharmaceuticals, the Tamil Nadu-based company that manufactured the Coldrif cough syrup linked to the tragedy.

On Monday, the Enforcement Directorate (ED) carried out searches at seven locations across Chennai – including the residence of company owner S. Ranganathan and offices of senior Tamil Nadu Drug Control Department officials – as part of a money laundering probe under the Prevention of Money Laundering Act (PMLA).

The ED’s action follows the arrest of Ranganathan (75) by a Special Investigation Team (SIT) from Madhya Pradesh, with the assistance of Chennai Police, on October 9. He had been absconding since reports of the child deaths in Chhindwara district of Madhya Pradesh surfaced.

Subsequent raids on the company’s Kancheepuram manufacturing facility revealed over 300 safety and regulatory violations, including the use of non-pharmaceutical grade chemicals.

Laboratory analysis in Chennai confirmed that the syrup contained 48.6 per cent diethylene glycol (DEG), a highly-toxic industrial solvent known to cause kidney failure. Officials suspect cost-cutting measures led to the use of substandard ingredients, resulting in the fatal contamination.

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Crime

Navi Mumbai News: Anti-Narcotics Cell Seizes 1.3 Kg Ganja Worth ₹1.31 Lakh In CBD Belapur

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Navi Mumbai: The Navi Mumbai Police’s Anti-Narcotics Cell seized 1.312 kg of ganja worth Rs 1.31 lakh during a raid at Tatanagar slum in CBD Belapur on October 11 evening. Four suspects managed to flee before the raid, while police have registered a case against five people and launched a manhunt.

Acting on a tip-off about illegal ganja sales in Sector 10’s Tatanagar area, the Anti-Narcotics Squad, led by Senior Police Inspector Sandeep Nigade and Assistant Police Inspector Nilesh Dhumal, carried out the operation. On spotting the police, the suspects — identified as Vishal Laxman Ghode, Kisan Laxman Ghode, and Dwarka Ghode — escaped taking advantage of the darkness.

A search of their premises led to the recovery of 1.312 kg of greenish flower and fruit material identified as ganja. The contraband, valued at Rs 1.31 lakh, was seized on the spot. Police investigations further revealed that two women, Dipali Vishal Ghode and Abida Shaikh, had allegedly assisted the accused in the illegal trade.

“All those involved in the sale and distribution of narcotics will be tracked down and dealt with strictly under the law,” said Senior Police Inspector Sandeep Nigade of the Anti-Narcotics Cell.

A case has been registered under Sections 8(c), 20(b)(2)(B), and 29 of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985, along with Section 111 of the Bharatiya Nyaya Sanhita (BNS), 2023, at the CBD Police Station. The Anti-Narcotics Cell has intensified efforts to locate the absconding accused.

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Crime

Mumbai: Four Arrested For Cheating, Suicide Abetment In Online Stock Scam Case

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Mumbai: Three months after the death of a 20-year-old youth, who jumped in front of a local train, the Kurla railway police on Saturday booked four people for cheating and suicide abetment. Latest probe findings revealed that Vijay Tete took the extreme step as he was apparently depressed after being cheated of Rs1.8 lakh in an online stock market fraud. Those arrested – Govind Ahirrao, Sunil Kumar Mishra, Aman Abbas and Harjit Sandhu – are accused of receiving the portions of the duped amount in their accounts. The search for the main cyber fraudsters is still on.

On July 17, Tete, a resident of Powai and a final-year student of mass media and graphic designing, was found dead on the tracks between the Ghatkopar and Vikhroli stations. No suicide note was found and a case of accidental death was registered back then. His father works in the Customs department.

According to the police, on July 15, Tete invested Rs1,000 on an online trading site and instantly received a profit of Rs1,000. Encouraged by this, he invested Rs50,000 twice and Rs80,000 once. Two days later, he called his father, saying that the site’s managers were pressuring him to invest a minimum of Rs4 lakh to continue trading and earn more profit.

Despite the father’s warning that the site could be fake, Tete insisted that other users had invested, after which the father transferred Rs1 lakh. Notably, the State Bank of India (Madhya Pradesh branch) reversed the amount, flagging that the beneficiary account was fraudulent.

However, Tete ignored the warning and insisted his father to transfer money to another account, said the police. Simultaneously, the site managers continued threatening him on Telegram to pay more or lose profits, they added. Eventually, he lost Rs1.8 lakh, which he had earlier invested.

On July 17 around 8pm, Tete left without informing his parents and an hour later they called on his phone and the call was answered by the police. They informed him that their son had met with an accident.

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