CBI arrests wanted fraudster who deceived many Arunachalis

CBI arrests wanted fraudster who deceived many Arunachalis


Itanagar, May 23, 2019:

Bollywood hit “Bunty Aur Babli” has been well remembered by all where Abhishekh Bacchan and Rani Mukherjee played the role of 'creative frauds' who sold most of the popular monuments in India to unsuspecting people.

The reel-life 'Bunty' has inspired a real life 'Bunty' identified as 'Natwarlal' who has duped hundreds of people, took crores of rupees and used more than 50 fake names to cover up after himself.

The reel life Bunty had even repeatedly 'sold' the Taj Mahal, the Red Fort, and the Rashtrapati Bhavan and also the Parliament House of India along with its sitting members. The same is the case with multi-crore loan fraudster Pramod Kumar Jain alias Pramod Modi and P K Chabra whom the CBI arrested in Lucknow and brought to Itanagar recently.

The District and Session Court Yupia on Wednesday extended the bail petition filed by the most wanted multi-crore loan fraudster Pramod Kumar Jain who was arrested by the Guwahati Anti Corruption team of Central Bureau of Investigation (CBI) from Lucknow on April 5 last.

The accused was running fraud activities since the last 10 years and a wanted criminal as he was engaged in fraud cases worth crore starting from Arunachal Pradesh to various other states in India and in other countries like South Africa, China, and Nepal. He has also been running 32 fraud companies including in Arunachal Pradesh and had taken several loans from different banks in the country with forged documents.

This came to light after a victim, Pawan Kumar Mishra, informed that the fraudster has misused trading license of several Arunachali people and had taken loans worth Rs 12 crore from various banks of Itanagar. He has also alleged of using his forged signature and documents, Pramod Kumar Jain took a loan of Rs 92 lakh in 2009.

The fraudster, who shifted to Lucknow with another identity of Prakash Chabra, has been arrested by CBI was brought to Itanagar and is currently in District Jail Jullang.

The CBI counsel has objected the bail petition filed by the accused PK Jain and the Court has extended the date on hearing of bail to June 20 and for finale argument on the case has been fixed on 10 July next.

Edited By: Admin
Published On: May 23, 2019