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    ‘Benze’ Saravanan arrested for financial fraud

    Owner of Benze Vacation Club was arrested by police in connection with financial fraud on Saturday. Police sources said that he was accused of cheating several people after collecting over Rs 40 lakh from them.

    ‘Benze’ Saravanan arrested for financial fraud
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    Chennai

    Saravanan, alias ‘Benze’ Saravanan is the owner of Benze Vacation Club that has more than six branches in the city with its head office located on Anna Salai.

    The first complaint against him was filed three months ago and the Chitadripet police had received six complaints earlier. Meanwhile, the number of complaints shot up suddenly and the police have received more than 15 petitions against him in various police stations. The number of complaints is expected to go up, police said adding that Saravanan could have cheated people of more than Rs 1 crore.

    Saravanan had sought help from the victims claiming the business was down and needed financial help. Police sources said that he had even handed over the operation of certain clubs to other people. He is also the founder of Tamil Nadu Bar and Club Owners Association.

    The police booked him under various section of the Indian Penal Code, including 406 (Punishment for criminal breach of trust) and 420 (Cheating and dishonestly inducing delivery of property). Saravanan was arrested and remanded in judicial custody.

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