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Fraudster owning copter held after 3 years
Central Crime Branch sleuths have arrested a 57-year-old man, accused in several cheating cases worth Rs 40 crore and had been hiding for over three years, and seized a banned satellite phone from him.
By
migrator
migrator
Chennai
The accused, S Venkatraman of Kelambakkam, was arrested at Kohlapur in Maharashtra and brought to Chennai. Police said that Venkatraman’s modus operandi was to buy a huge sum from gullible investors on the promise of getting them land for real estate business.Â
While his four aides - Muthu Narayanana, Kamalesh Seth, Vijayakumar and Gopinath – were already arrested, Venkatraman remained elusive as he owned an helicopter. Since, he used a satellite phone, it proved difficult to trace him.
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