What is the similarity between the corporate and the underworld? In times of recession, both go for cost-cutting.
What is the similarity between the corporate and the underworld? In times of recession, both go for cost-cutting. The economic slowdown has hit the underworld so hard that its head honchos have stopped all recruitments. Instead, they are outsourcing the supari (contract) business to robbers and small-time criminals in the city.
“The gang lords are no more adding to the number of members in their outfits. They simply pay petty criminals, not affiliated to any gang, money to get the job done,” said a Crime Branch officer.
This startling fact came to light following the recent arrest of three robbers in Nagpada. During interrogation, the suspects confessed to have fired at a Mira Road builder last year. They reportedly told Crime Branch officers that they had fired at the builder after taking an advance payment of Rs40,000 from gangster Hemant Pujari, who reportedly had demanded Rs2 crore from the builder.
According to police, the arrested suspects were small-time robbers, with 11 cases of chain-snatching registered against them. The leader of the gang was Parvez Shaikh alias Bailiff, 24. The other two were Afzal Yusuf Patel alias Kaleja, 23 and Naushad Baig, 32. They were active is South and Central Mumbai.
According to the statement given by the suspects to the police, Pujari got in touch with Parvez and offered him Rs5 lakh to execute the supari. The arrested suspects reportedly said that because they were ready to do the work for a ‘paltry sum’, they were chosen for the job.
Crime Branch chief Rakesh Maria said that underworld gangsters, like Chhota Shakeel, Chhota Rajan, Hemant Pujari and Ravi Pujari, had started giving contracts to small-time criminals. This, Maria said, was a result of the global economic crisis and a sustained clampdown on the underworld.
“The underworld is largely dependent on liquid money. Thanks to the recession, there is very little liquid cash circulating,” said a senior Crime Branch official.
According to intelligence inputs, the underworld has also invested heavily in real estate and the stock markets and both these markets are going through a rough patch. This has dealt a heavy blow to the underworld.
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
)
){kind=small}
){kind=small}
)
)
)
)
)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}