Thursday, Apr 18 2024 | Time 15:13 Hrs(IST)
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States » South


Three persons arrested for cheating

Bengaluru, Jan 23 (UNI) The CCB Police has arrested three people, who in the guise of professional finance managers, had cheated techies in the city.
Police said on Saturday that they have recovered real estate properties valued about Rs 8 crore and three high end cars and the arrested were identified as Stephen John, Kalakere Raghavendra and Manjunath all hailed from the City.
John and Raghavendra were always looking at IT professionals, who are essentially high net worth individuals and wanted to invest their excess money in Shares, Debentures or in Mutual funds. The accused used to meet them and introduce themselves as share brokers Fund Managers of reputed banks.
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