Bengaluru: The Central Bureau of Investigation (CBI) on Sunday arrested former Congress Minister Roshan Baig in connection with the Multi-crore I Monetary Advisory (IMA) ponzi scam. A team of CBI officials visited Baig’s residence around 11 am yesterday and secured his custody, following which he was taken to the CBI Office. Baig, who was elected…
Bengaluru: Senior IAS Officer and former Deputy Commissioner of Bengaluru Urban District, B. M. Vijayshankar, who was an accused in the IMA (I Monetary Advisory) Jewels Ponzi scheme scam, allegedly committed suicide by hanging self at his residence in Jayanagar here on Tuesday night. He was 59. The incident came to light at around 8…
Bengaluru: Mohammed Mansoor Khan, the prime accused in the multi-crore IMA scam, was remanded to judicial custody yesterday. Mansoor Khan was produced before the special Prevention of Money Laundering Act (PMLA) Court by the officials of Enforcement Directorate (ED) as his custody ended. Later, the Court remanded him to judicial custody till Aug. 14. Khan…
Bengaluru: The Special Investigation Team (SIT) constituted to inquire into the alleged over Rs. 4,000 crore fraud by I Monetary Advisory (IMA) Jewels, has flown to Dubai to nab the main culprit Mohammed Mansoor Khan who is reportedly hiding in the Gulf city. According to SIT sources, the investigating team has located the whereabouts of…
Many victims reluctant to file cases fearing I-T action Mysore: The number of cases registered in the city in the multi-crore I Monetary Advisory (IMA) scam has gone up from about 1,600 to more than 1,900 cases. Out of these, nearly 1,300 cases are registered at Udayagiri Police Station and the remaining in Nazarbad, Mandi…
Bengaluru: Founder of I Monetary Advisory (IMA), Mohammed Mansoor Khan, who has been accused of cheating 40,000 investors, has now released a video from an undisclosed location, promising to return to India and expose several powerful people, including politicians and an IAS officer. Mansoor Khan fled India around June 13 and investigators believe he is…
Mysuru/ Bengaluru: The Special Investigation Team (SIT) probing the multi-crore I Monetary Advisory (IMA) Jewels scam is likely to seek the help from the Centre to issue a Red Corner Notice to trace and extradite IMA Managing Director Mohammad Mansoor Khan. Mansoor is reported to have fled the country after Eid on June 5 along…
Mysuru: The IMA (I Monetary Advisory) scam took its first toll in the city with a 60-year-old woman breathing her last at a hospital on Thursday reportedly due to mental shock. The victim has been identified as Safurabi, wife of Y. Rehaman Shariff and a resident of Shantinagar. The family of Safurabi is learnt to…
Investment ranges from Rs. 1 lakh to Rs. 55 lakh Scam could be worth Rs. 8,000 to Rs. 10,000 crore Mysore: Mysureans have invested a whopping 24 crore (initial estimate only) in Bengaluru-based blade company ‘I Monetary Advisory (IMA)’. This has come to light after the Police scanned over 700 complaints filed by cheated investors…
Mysuru: Following a major scam by IMA Jewels Company in Bengaluru where the company has cheated hundreds of investors across the State to the tune of crores of rupees, the victims of the scam are lodging complaints with Bengaluru Police. The victims of IMA Jewels Scam in Mysuru city can lodge their complaints with their…
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