From business management to crime

For these management graduates, finding a job with big MNCs was not what they dreamt of.
HT Image
HT Image
Updated on Jan 23, 2011 11:16 PM IST
Copy Link
Hindustan Times | By, New Delhi

For these management graduates, finding a job with big MNCs was not what they dreamt of.

They were more keen on using their management skills to dupe hapless people into parting with their hard earned money.

They even found a way of cheating on papers with the help of a 'magic pen'.

The South Delhi Police have arrested three men, one MBA and two other BBA graduates, from Vivek Vihar on Wednesday and Thursday for allegedly cheating people by promising them easy loans.

They met three months ago and became good friends as well as partners in a business and crime.

"The police team started investigations and zeroed in on the alleged persons and found that an organized gang of three well-educated persons was running a beauty parlour and men's salon under the name of Elegance," said HGS Dhaliwal, Deputy Commissioner of Police (South).

Pramod Kumar (29) is an MBA and his father is an ex-military man, while Mandhir Singh (24), a schoolteacher's son, is a graduate in business administration. The third accused, Rajbir Singh (26), has also done BBA.

Mandhir and Rajbir while working at Tech Mahindra call centre came in contact with Kumar three months back. "Kumar's children study in the school where Mandhir's mother teaches. This is how the three got to know each other," Dhaliwal said.

Modus operandi

The police said the gang used to advertise in newspapers promising easy loans and would collect relevant documents when contacted by gullible victims.

"During the collection of documents, they would give the person a 'magic pen' to fill in the amount for the cheque. After verifying of the victim's bank account, they used to heat the cheques using room heaters. The magic ink gets evaporated on heating and leaves no impression. After that they used to fill in a fresh amount and transferred the money in their own accounts," added Dhaliwal.

A 'magic pen', 10 mobile phones, 23 SIM cards, four different Pan Cards with photographs of Kumar with different identities, gold cards and debit cards of different banks with different particulars were also recovered from them.

Close Story

Less time to read?

Try Quickreads

  • Mumbai local train. (File image)

    Mumbai rain: Local trains, buses affected as floods hit city

    Mumbai local train services were affected Tuesday as the city struggled with floods and waterlogging after heavy rainfall. Some delays were reported for local train services - the city's lifeline because over 75 lakh travel daily - on Central and Western Railway routes. At 10.30 am Central Railways' chief public relations officer Shivaji Sutar said some trains on the Main and Harbour lines were running late. All trains, however, were still running, he said.

  • Haji Vasi, who allegedly funded the June 3 violence in Kanpur, has been arrested. 

    Kanpur violence: UP police arrest alleged mastermind in Lucknow

    The Uttar Pradesh Police on Monday arrested Haji Vasi, who allegedly funded the June 3 Kanpur violence and was absconding, said Joint commissioner of police, Anand Prakash Tiwari Vasi was arrested near the Amausi airport in Lucknow last night. On June 23, the Special Investigation Team had arrested another funder Mukhtar Baba and questioned several people including an MLA of the Samajwadi Party.

  • Police arrested him near Amausi airport from where he was about to take a flight late on Monday night. (File image)

    Kanpur violence: Alleged mastermind and accused builder Haji Wasi arrested

    Haji Wasi, a builder accused of funding the Kanpur violence that broke out on June 3 last was arrested on Monday night, said Joint commissioner of police, Anand Prakash Tiwari . According to police, Haji Wasi was the main financer of the alleged mastermind of the Kanpur violence, Zafar Hayat Hashmi. His son Rahman was arrested two days ago. Wasi was named in three FIRs by the Special Investigation Team investigating the Kanpur violence.

  • Raids by the Anti-Corruption Bureau (ACB) underway at Congress MLA BZ Zameer Ahmed Khan's guest house in Sadashiva Nagar, Bengaluru.

    Anti-Corruption Bureau raids 5 locations of Cong MLA Zameer Ahmed Khan in K'taka

    The Anti-Corruption Bureau on Tuesday conducted searches at five places belonging to Congress MLA Zameer Ahmed Khan on the basis of an Enforcement Directorate report on disproportionate assets case against him. According to ED, the raids were conducted at five locations including the residence of the Chamaranpet constituency MLA at Bengaluru Cantonment, a flat at silver Oak Apartment, a guest house at Sadashiva Nagar, GK Associates office at Banashankari and National Travels office in Kalasipalya.

  • Bengaluru's Kempegowda International Airport (File Photo/Used only for representation)

    Global Livability Index: Bengaluru, ranked 146, scores least among Indian cities

    Bengaluru may have topped the Union government's Ease of Living Index last year, but Karnataka's capital city fared the worst among Indian cities in the Economic Intelligence Unit's (EIU) Global Livability Index 2022, which was released on June 24. Bengaluru's position in Global Livability Index 2022 For the first time, a total of five Indian cities featured on the list; before 2022, only Delhi and Mumbai were featured.

Story Saved
Saved Articles
My Reads
Sign out
New Delhi 0C
Tuesday, July 05, 2022