The fraudsters had reportedly duped 225 people of a total of Rs5.6 crore.
Owners of Ponzi firm KSP Finance Company were given anticipatory bail on Saturday. The owners, Moinuddin Nizamuddin Saiyad and his partner Aabid Sheikh had been arrested after Vatva police station received complaints from around 225 people who had been duped of their Rs5.60 crore. The sessions court later freed them on anticipatory bail of Rs1 lakh, along with the order of reporting at the Vatva police station on March 31 between 11 and 5 pm.
The accused had committed the same crimes in Vadodara, under the company name Aaliya, and had reportedly duped people of their Rs70 lakh.
Moinuddin is son of DCB ASI Nizamuddin Saiyad, who was transferred to the K Company as punishment.
According to sources, the Navrangpura police had plans to release the two accused after taking bail money from them but senior police came to know about this and prevented proceedings.
Bomb scare at metropolitan court
Karanj police on Saturday searched the metropolitan court in Mirzapur after an anonymous letter was received by the City Commissioner of Police (CP) which claimed that a bomb had been planted in the court premises. Sniffer dogs and a bomb disposal squad were pressed into operation but no explosives were recovered. The letter, which is currently in possession of DCP Zone 2, Hare Krishna Patel, is in the Devnagri script threatening to blow up the metropolitan court in Mirzapur on May 22. The DCP didn't want to take any chances and immediately ordered a search on Saturday.
Pilot taken for a Rs22 L ride in city
The owner of International Institute of Flying Service (IIFS) has been accused of a fraud of Rs22 lakh. Investigations however revealed that he is already behind bars for frauds committed earlier.
The complainant Chintan Prajapati lives in Mangalnagar at Vidhya Dairy Road in Anand. He holds a pilot's licence. In November 2010, he had approached IIFS owner Sunil Singh for a job in the latter’s company. In January 2011, Singh reportedly informed Chintan of a vacancy in Jet Airways, for which he would have to pay a total of Rs22 lakh for training and consultancy. Chintan paid the money but received no confirmation for the job for one year.
In the mean time he was called up by Sunil who asked him to look out for an advertisement regarding his job on February 8, 2012.
But it was a false alarm, which led Chintan to contact the police.
On approaching the Navrangpura police station, however, they found that Singh was already in jail for previous fraud charges.
Eunuch kills self in Sabarmati
A suicide case has been reported at the Sabarmati police station. The victim is Ramesh alias Neha Dey, 26, a eunuch. He was a member of the famous eunuch group of Kalol headed by Rekha and Saroj Dey.
Ramesh lived in the Parvatinagar area of Sabarmati. On Saturday morning, his dead body was found hanging by a dupatta on a Peepul tree near his residence. Passers-by recognised the body and informed the family and the police. A message was found written on the dead person's hand, which stated that as he was tired of life he had taken the extreme step.
Ramesh lived with his father, Gendaji, mother Manjuben, and his younger brother. He was leading the life of a eunuch for 10 years, by choice. The mother was inconsolable she has lost another son, following the death of her elder son.
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