Promised high returns, four persons lose Rs. 8 lakh
News

Promised high returns, four persons lose Rs. 8 lakh

July 3, 2022

Mysore/Mysuru: Four persons, who were promised high returns for the money they invest, have lost Rs. 8 lakh to miscreants.

R. Shashikumar, a native of Kerala, who is residing at Hanchya Sathagalli in city, along with Kerala’s Dr. Faizal, Contractor Prasol and Yakub, had paid a total of Rs. 8 lakh to the conmen and were cheated.

A realtor, Shashikumar came in contact with one Shivashankar, a resident of Hootagalli. Shivashankar is said to have told Shashikumar that he would give three times more the money he invests and told him (Shashikumar) that a minimum of Rs. 5 lakh has to be invested.

Shivashankar further told Shashikumar that he would be given currency notes smeared with a black colour substance and once that currency is dipped in a liquid it would turn into a Rs. 500 currency note.

Lured by the offer, Shashikumar summoned Dr. Faizal, Prasol and Yakub to Mysuru. On June 29 evening, Shivashankar, along with one Vinod and Shekar, came to the house of Shashikumar and receives Rs. 8 lakh cash from the three persons and handed them a bag saying that there were currency notes with black substance smeared on them besides telling them that there was also a can containing the liquid.

The three conmen told Shashikumar and his friends that once the black smeared currency notes are washed in the liquid, it turns into an original currency note of Rs. 500 denomination and went away.

When Shashikumar and his friends washed the blackened currency notes with the liquid, no changes took place with the blackened currencies. Shashikumar then tried calling Shivashankar and his two friends but their phones were switched off.

Realising that they have been taken for a ride, Shashikumar has lodged a complaint at Udayagiri Police Station.

2 COMMENTS ON THIS POST To “Promised high returns, four persons lose Rs. 8 lakh”

  1. Zaheer Ahmed says:

    Is this news worth readers’ time? Why did these people agree to some kind of money game where they would get 3 times the amount and it is concealed in mumbo-jumbo. Strange people are still believing such simple lies and falling prey to conmen. I guess this is just a criminal association for an unethical purpose and nothing else.

  2. Appukuttan says:

    Hey Zaheer Ahmed
    What you have posted is a direct translation of Urdu! Not English!
    You see Ahmed, that kind of money which involves 2 Muslims from Kerala, is clearly the ill-gotten wealth meant for money laundering. In all probability, your brethren-the Malayalee Muslin criminal gangs in Middle East, particularly in Gulf States, where they operate in cities like Doha, Abu Dhabi and Dubai smuggling gold through Kerala airports, and will soon expand their business to to Mysore, when the airport is expanded to receive the A320/Boeing 737 jetliners, is just chicken feed money for them!
    These Muslim criminal gangs operate lucrative Hawala channel, from where they channel illegal funds to India. That is your brethren for you!
    these kind of scams will become common in a few years in Mysore, involving lots of Malayalaee Muslims. But then, their Imam will say, it is not illegal according to Sharia Law! Congress Muslim MLAS will say, even tTipu Sultan did that too, and hence not criminal act!

ABOUT

Mysuru’s favorite and largest circulated English evening daily has kept the citizens of Mysuru informed and entertained since 1978. Over the past 45 years, Star of Mysore has been the newspaper that Mysureans reach for every evening to know about the happenings in Mysuru city. The newspaper has feature rich articles and dedicated pages targeted at readers across the demographic spectrum of Mysuru city. With a readership of over 2,50,000 Star of Mysore has been the best connection between it’s readers and their leaders; between advertisers and customers; between Mysuru and Mysureans.

CONTACT

Academy News Papers Private Limited, Publishers, Star of Mysore & Mysuru Mithra, 15-C, Industrial ‘A’ Layout, Bannimantap, Mysuru-570015. Phone no. – 0821 249 6520

To advertise on Star of Mysore, email us at

Online Edition: [email protected]
Print Editon: [email protected]
For News/Press Release: [email protected]