Mumbai- In a recent twist, the Punjab Police have arrested Shailesh Mehta – the daddy of absconding Mumbai scamsters Ashesh Mehta and his spouse Shivangi Lad-Mehta – in a brand new fraud case registered by the SAS Nagar Police, an official mentioned on Wednesday.
According to Sohana Police (previously, Mohali) official Mukesh Sinha, the accused Shailesh Mehta, 71, was nabbed from his purported hideout at an old-age house in Ahmedabad following a FIR registered after a criticism lodged by Punjab businessman Viresh Singhal.
“We have arrested the accused (Shailesh Mehta) last Saturday and brought him to Punjab. A local Magistrate has remanded him to police custody for four days and further investigations are on, ” Sinha advised IANS.
Incidentally, the Mehta household is now beneath the radar of the police of Maharashtra, Madhya Pradesh and now Punjab, with the potential of extra complaints of dishonest of buyers surfacing from different elements of the nation, official sources in Mumbai mentioned.
Singhal, 78, had lodged a criticism of dishonest in opposition to Shailesh Mehta and his son Ashesh Mehta (who’s untraceable alongside together with his spouse Shivangi, since over six months from Mumbai), by luring him to speculate Rs 1.20 crore of their ‘Bliss Consultants Trading Co’ prior to now three years, on the promise of giant income.
However, when Singhal wished to exit from the corporate final June, he encountered critical issues withdrawing his investments plus income, and later the accused weren’t obtainable.
Suspecting one thing fishy, Singhal lastly lodged a criticism with Sohana Police in November, which despatched a crew to Mumbai for probe however returned empty-handed, and subsequently traced the accused in Ahmedabad.
Ruling Shiv Sena Spokesperson Krishna Hegde mentioned in Mumbai that the Mehtas’ (above) firm has allegedly cheated greater than 4, 000 gullible buyers of hundreds of crores of rupees prior to now few years, after which Ashesh and Shivangi Mehta fled from Mumbai.
“I had complained to Chief Minister Eknath Shinde in July and he ordered a detailed probe into the matter. In September, the Mumbai Police have frozen five residential properties and 11 bank accounts of the fugitive couple and their companies, totalling an estimated Rs 175 crore, ” Hegde advised IANS.
He rued that although the Mumbai Police appeared to have completed nothing within the matter, the Punjab Police has managed to nab one of many members of the family of the accused Mehta couple.
The lid blew off the rip-off – which was prominently highlighted by IANS in June-July – after suspicious withdrawals-transfers of giant quantities of round Rs 180 crore to a number of accounts of the scamster couple’s associates or different entities, all of that are being probed. The Shivpuri Police Station in Madhya Pradesh, stumbled onto the rip-off they had been probing a narcotics case there linked with the Mehta couple, and different frauds of money-laundering, unlawful ponzi schemes, gypping buyers and customary plenty tumbled out, estimated to be over Rs 1, 000-crore.
Police groups from Mumbai, Madhya Pradesh and Punjab have completed a number of rounds of the Mehta couple’s house in a fancy society in Goregaon the place they had been final seen over six months in the past.
In July, each Mumbai and Madhya Pradesh Police had issued Look Out Circulars in opposition to the couple however they continue to be untraced and investigators apprehend the duo might have sneaked overseas to an unknown location.