Mangalore: Multi-crore international fraud - accused produced in court
Pics: Ramesh Pandith
Daijiworld Media Network - Mangalore (DV)
Mangalore, Feb 14: Mohammed Shameer Bashyar, accused of defrauding a city-based sea food company to the tune of Rs 3.3 crore, was on Thursday February 14 produced in court.
The court has granted him judicial custody for the next 15 days.
Shameer with Korean Chang Lee
As reported earlier in these columns, Bashyar, a resident of Ullal was arrested by Pandeshwar police earlier this month for defrauding the sea food company he was working for, through fraudlent transactions worth Rs 3.3 crore.
It is said that Bashyar connived with six others including Mohammed Eshan, who was working as a quality control executive in the same company, and another person from a relatively smaller competitor.
Bashyar allegedly created fake email accounts, and after entering into a tacit understanding with fish importers located overseas, he reportedly caused loss to his company by diverting the business to the competitor.
Bashyar's father K Abbas and wife Humaya Banu are so accused in the case, as the properties were in their names. However, sources said that they are not directly involved in the fraud.
The police are also in the hunt for Chang Lee, a Korean national against whom the crime branch is said to be having substantial evidence of fraudulent breach of contract and criminal conspiracy against the Mangalore-based company. Mohammed Eshan, whose role in the case is being investigated, is absconding in Korea.
Bashyar, who earned a salary of Rs 12,000 was working with the firm for 9 years. He has built a house worth Rs 1.5 crore with furniture worth over Rs 50 lac, bought a fisheries boat, a poultry farm, and set up a chicken stall by name of 'Honest Chicken', and set up a company in Singapore as well. This apart, Eshan is said to have set up his own company called Indigo Protein in Korea.
It is said that the Eshan, Bashyar and their accomplices lived a lavish life, travelling by flights to various places in the country and abroad on weekends, and splurged money on seven-star suites. Bashyar owned five vehicles - Nissan, two Innovas, a Swift and a Tavera, all of which have been seized by the police. His bank account has also been frozen.
Comment on this article
mohd, mangalore
Sun, Feb 17 2013"MAN LEARNS FROM HISTORY THAT HE DOES NOT LEARN FROM HISTORY"
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VOX POPULI, Bangalore / Mangalore
Sat, Feb 16 2013UNDA MANEGAY YARADU BAGEDA CHANDALA
CHORA SHIKAMANI.,DOLLU HOTTEYA POLICE MAMA JAGRATHEY NIMAGU EE PORA SHIKAMANI CHALLAY HANNU THINNISIYANU?
DisAgree Agree [10] Reply Report Abuse
Irshad, Shiroor/Dubai
Fri, Feb 15 2013well said " Na chori haram hai aur na churana haram hai. Chori kar ke pakde jana haram hai"
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Abdul Razak, Mangalore
Fri, Feb 15 2013Janardhana Reddy was the son of a Bellary Police constable. He grew to become a mining magnate. Sadly he is now in jail eating Rice and sambar.
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Ramchandra Kini, Mangalore
Fri, Feb 15 2013Behind every great fortune there lies a great crime. Now the politicians will say " let the law take its own course ".
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Mahesh Rao, Mangalore
Fri, Feb 15 2013From rags to riches to Jail. Janardhana Reddy style. "Make hay when the sun shines" but do not get caught.
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Abid Ali, Uppala/UAE
Fri, Feb 15 2013Yatha..raja..tha tha..praja 100% Both centre & state
'ARAMANE..INDHA..SERE..MANEGE'
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Wilson, Bangalore
Thu, Feb 14 2013Millionaire to jail slumdog...!!!
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George , Mangalore
Thu, Feb 14 2013It was really a treat to read the comments from "C Sharath, Mangalore"
"Policemaamana Banji thuleya :). If Basheer manages to run away am sure this anna cannot run more than ten steps"
I just could not control my laugh, am still laughing and laughing. Never laughed so much in my latest memories so far. Very humorous comments.
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subrahmanya, muscat
Thu, Feb 14 2013Small thieves MUST be funished, then only BIG thieves can rule the county..BOFORS 2G Now Agusta..all share comeout CLEAN
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rizwan, Dubai/Mangalore
Thu, Feb 14 2013"Honest Chicken" turned into "Dishonest mutton"....hahaha
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Sunil, Mangalore
Thu, Feb 14 2013Freeze everything whatever he has earned illegally other than his salary. Seize his companies, his businesses, properties and the vehicles whatever he and his family has to tally with the loss of the company.
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rizwan, Dubai/Mangalore
Thu, Feb 14 2013Bashyar..Riches to rags...now he does not have money even for a shave !!! hahaha...
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Ceraj, Mangalore , Bejai
Thu, Feb 14 2013Can that constable run just in case if any culprit run loose? don't think so looking at his tummy size..
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Roshan, M'lore
Thu, Feb 14 2013100% eligible to become an minister!!
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Praveen, Mangalore
Thu, Feb 14 2013Our Indian government should make use these kind of people. with out school they are good in brain.
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Bulsam, Mangalore
Thu, Feb 14 2013Jaisi Karni Vaisi Barni.
DisAgree [1] Agree [17] Reply Report Abuse
C Sharath, Mangalore
Thu, Feb 14 2013Policemaamana Banji thuleya :). If Basheer manages to run away am sure this anna cannot run more than ten steps.
Its high time IPS implement guidlines for physical fitness of its men & women in services in order to better disipilne activeness of its force's.
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naveen, udupi
Thu, Feb 14 2013luxury life in jail.
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good sign, ibrahim saudi/yanbu
Thu, Feb 14 2013Put him behind bar. Whoever may be, fradulent is a crime and should not give chance to escape such fradulents.
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Kumar, Kinnigoli
Thu, Feb 14 2013TWO POWERFUL THINGS IN THE WORLD - TIME AND MONEY
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R.Bhandarkar, M'Lore
Thu, Feb 14 2013He's in esteemed 'International' company of Italian's, Indian Politicians, Defence Personnel,
Diplomats and so on....He should be delighted...
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ISMAIL.K.PERINJE, PERINJE-YANBU/KSA
Thu, Feb 14 2013YAARDO HANA ELLAMMANA JAATHRE!!
PALATIAL HOME!!!BUT NOT LUCKY TO BE THERE....TASTE CELL LIFE AND EXPERIENCE THE PAIN FOR FRAUD...
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