Conman 'Justifies' Cheating 35 People of Rs 2.5 Crore!

Bangalore, Jun 16 (Bangalore Mirror): A conman who was arrested recently for cheating people by promising to double their money tried to whitewash his crime with the ingenious argument that he was cheating those who were themselves cheats!

Dhanraj (40) of Tamil Nadu has been in the money-doubling racket for two years and has duped around 35 persons of Rs 2.5 crore.
 

No success in home state

He had little success in his home state and decided to try his hand in Bangalore, where he tied up with Mohan, who also hails from Tamil Nadu. The duo would cultivate persons who had a yen for quick returns, show them bundles of genuine currency notes and fix a rendezvous at Hosur or Krishnagiri.

They would complete the transaction in a matter of a few minutes, taking the cash from the ‘customers’ and giving them a suitcase purportedly filled with money. Their victims would wake up to the con later, when they found copies of currency notes sandwiched between genuine notes.

Dhanraj assumed that as several of his victims were themselves into dubious dealings, they would not complain to the police.

But a tip-off proved to be his undoing and he was arrested in a decoy operation by the Central Crime Branch last month. In a last-ditch attempt, he even appealed to the cops to investigate his victims!
 
A CCB official said 80 per cent of such frauds take place in Hosur and most of the victims are from Bangalore. As Hosur is in Tamil Nadu, the problem of jurisdiction affects investigations, he said.