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Skyline builder Avinash Prabhu arrested for duping people in Bengaluru, Mangaluru

  •   Fri, Jan 04 2019 05:30:23 AM

Daijiworld Media Network - Bengaluru

Bengaluru, Jan 4 : Bengaluru Central Crime Branch (CCB), arrested Mangaluru origin builder Avinash Prabhu, MD of Skyline Construction and Housing Pvt Ltd and Kalmane Koffees for reportedly duping over 200 people to the tune of around Rs 100 Crores in sale of apartments.

Avinash Prabhu was nabbed based on a complaint registered by Christopher Regal, one of the victims, at the Hennur police station. Considering the magnitude of the case, the city police commissioner T Suneel Kumar, handed over the investigation to the Crime Branch.

According to the Police commissioner, Kumar said, “Avinash and his brother Dhiraj Prabhu collected money from people promising they were constructing apartments at Hennur, Horamavu, Yelahanka and Mangaluru, but deceived them"

CCB additional commissioner Alok Kumar, who is handling the case now said that apart from Christopher Regal there are several other complaints also have received by police.

A luxury Range Rover, Audi, and about 15 bank accounts of accused have been frozen by the authority.

Dhiraj Prabhu is reportedly absconding, police have launched a massive manhunt to arrest him.

Preliminary investigation revealed that Prabhu has purchased five acres of land in Kengeri, three acres in Allalasandra, three acres in Hennur, seven acres of land in Kanakapura and 8.5 acres of land in Mangaluru. He also purchased property in the state as well as in Tamil Nadu.

 

 

 

 

 
  

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  • Rita, Germany

    Sun, Jan 06 2019

    I see here the dreams of some peoples hard earned money has flownout in air in sky .Very bad .Problem is nowadays people want to invest their money in a permanent or steady investment before something changes ,in life.so when a builder announces to build a house or flat soon people will hurry up to get a bestones without thinking he may be big cheater or runaway with their money,thinking all are honest like me.All are not honest with their work.some never finish some half done.Everywhere there are such looters.They take money and enjoy themselves ,invest in their family members name.some runaway to Gulf or philippinien.Here too there were such brothers who took money and enjoyed partys with girls and champagne.But hey were caught .money was not there.People who took loans from banks have to see how they can live further.Better when one person is there to control the dealings from flats in India better.otherwise same fate hits all.Hope some poor ones get their money back ,or all.

    DisAgree [2] Agree [5] Reply Report Abuse

  • Anand, Mangalore

    Sat, Jan 05 2019

    For Real estate to sustain and add value , end user demand is vital. If real estate does not translate to rental income or occupancy of the said unit by owner , then there is no capital gains ! This ultimately has to lead to a crash in prices which what we saw 10 years ago.. around the world

    DisAgree Agree [2] Reply Report Abuse

  • Ali, Mangalore

    Sat, Jan 05 2019

    This is just the tip of iceberg. Clock is also ticking for other developers in Mangalore who have started construction but not able to complete even after few years from promised completion dates.
    Let us be more careful when we buy our properties with these dubious and unprofessional people.

    DisAgree [1] Agree [14] Reply Report Abuse

  • Eric Coelho, Mangalore

    Sat, Jan 05 2019

    It says "There is nothing real about Real Estate". It is a shark business where the builders swallow our hard earned money and then show the world their high life style, which is also fake.

    DisAgree [1] Agree [24] Reply Report Abuse

  • Vishwanath, baangalore

    Sat, Jan 05 2019

    Modi like selfish minded people only to in election without thinkinking any kind of ill iffects brought the demonitization and now tgis things will happen.....Modi should be arrested and put behind bars....he himself has said if demonitization fails he should be hanged...Now demonitization has failed he should be arrsted

    DisAgree [13] Agree [27] Reply Report Abuse

  • sureshshetty, mumbai/mangalore

    Sat, Jan 05 2019

    vishwanath you are 100% right ,this is the one result of foolish king 's foolish and jumla ideas.so many builders have either absconding and some have taken sucide.no buyers specially the effect of demonitisation. demonitisation made lacs of people lost business and crores of people lost jobs.that is the main reason today there are no buyers for flats .so be crefull when ever you are into real estate investment see that buy the flats pay for them with possession. dont take booking risk.

    DisAgree [3] Agree [12] Reply Report Abuse

  • J.F D Souza, Attavar, Mangalore.

    Sat, Jan 05 2019

    Moasa Dhagalbhaji Madidhare Koaralge oorule ghathi. Moogininda oota maduva badalu bayindale oota maduvudu olledallave?

    DisAgree Agree [12] Reply Report Abuse

  • ca girishkk, m'lore/dxb

    Fri, Jan 04 2019

    No reason to blame the Builder..., Like this lot of builders fate is badly affected by Draconian DEMONITIZATION...!!!!

    DisAgree [20] Agree [31] Reply Report Abuse

  • Soniya, Bangalore

    Mon, Jan 14 2019

    Their projects have been on and off for last 10 years. Major focus was not completion of projects.. they had lot of internal things happening and the company is not ISO certified as it was projected.
    They have duped investors and contractors also, just not customers.

    DisAgree Agree [1] Reply Report Abuse

  • Lijo, Bangalore

    Fri, Jan 04 2019

    Appalling! this is not just cheating by shoddy construction. It is outright robbery! What goes around comes around... he is getting his reward after 15 years of swindling clients and thinking he can go on....

    DisAgree [1] Agree [22] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai

    Fri, Jan 04 2019

    Rumors are around that many builders/realty developers in DK, with shady backgrounds, are in dire straits with realty business stagnating due to overhyped rates!!

    Many people who invested their savings at peak rates are in trouble as they are not able to liquidate their holdings with no buyers even at discounted rates, also rentals have fallen down drastically!!

    IT IS BETTER TO REMAIN IN CASH THAN TO INVEST IN REALTY AND GET TRAPPED!!!

    DisAgree [1] Agree [50] Reply Report Abuse

  • mahesh, mangalore

    Sat, Jan 05 2019

    Have you heard the word mutual funds?
    read about it more.
    it will be good for you.

    DisAgree [20] Agree [3] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai

    Sat, Jan 05 2019

    Do you know the stock market is like a gambling fen with more than 50% cos shares being fake and operator driven! Even mutual funds get trapped in many such shady jhumla stocks!

    Just check out and see in how many such fake cos LIC has invested heavily and suffered losses of public money; could it be by accident, never? All regulators including auditors are involved in these manipulations!

    DisAgree Agree [18] Reply Report Abuse

  • Santhosh, Mangalore

    Fri, Jan 04 2019

    Narcissistic people don't care for others,they just do whatever good for them.They don't have any concern for the feelings of others.These men definetly belong to such category.If we look deeply within us,many of us might be having this tendency.My neighbour used to cultivate same vegetables at two different sites,one site products for self and another site products which are loaded with harmful chemicals for selling.When we care for others we care for ourselves.Why blame game when many do the same.

    DisAgree Agree [29] Reply Report Abuse

  • Af,,, Mangalore

    Fri, Jan 04 2019

    By face itself identify he is chor.

    DisAgree [10] Agree [26] Reply Report Abuse

  • Rolf, Dubai

    Fri, Jan 04 2019

    His name its self speek the truth. Avinash.

    DisAgree [8] Agree [30] Reply Report Abuse

  • Rao, Udupi

    Fri, Jan 04 2019

    Court should auction all their properties and distribute the money to the victims. Ban them for life in doing such business.

    DisAgree [2] Agree [43] Reply Report Abuse

  • Sundara Suvarna, Vikroli/Mumbai

    Fri, Jan 04 2019

    "A luxury Range Rover, Audi, and about 15 bank accounts of accused have been frozen" is very good and now freeze his brain and send him to the other world. enough is enough. Innocents are committing suicides because of these. Put a stop to all these non sense in the society.

    DisAgree Agree [49] Reply Report Abuse

  • David Pais, Mangalore

    Fri, Jan 04 2019

    y not give few crores 2 bjp's election fund. now caught na....

    DisAgree [38] Agree [40] Reply Report Abuse

  • Violet Pinto, Mangalore

    Fri, Jan 04 2019

    They are born cheats . These brothers are famous for duping people. And I know them well since 15 years and how i was troubled.and harrased by them selling me an apartment which was morgsged with Kotak Mahindra bank. You perhaps don't know how they bully innocent people . It's not a big deal for them. They have lawyers who will bring them out in no times. It's all money powe in India. Very few times the poor troubled people get justice.

    DisAgree [3] Agree [91] Reply Report Abuse

  • Tauseef Ahmed, MANGALURU

    Fri, Jan 04 2019

    2 to 3 years back his managers were conducting meetings for real estate agents in reputed hotels with food and liquor served saying we will give you double the commission if you get us clients for the new project coming up in Blueberry hills. God knows how many people were made scape goats then. Skyline within a few months closed down their office in Manasa towers over night and all number were switched off from there on. Only one of their project is completed in which no one stays. The second project is half done since the last 4 years and has now started to look like a haunted building where all illegal activities happen after dark. Even the landowner who gave them the land on joint venture is regretting as he's also a part of the cases now. The third project which was supposed to be again launched there itself was promised to be given at the cheapest of prices, it never even took off but they ended up taking in plenty of bookings there as well. People like these should never be spared. All the hard earned money if middle class people who invest for their homes is swindled up for luxury living and cars by such crooks..

    DisAgree [6] Agree [75] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai

    Fri, Jan 04 2019

    Many self styled brokers minted money by pushing this crook co flats to innocent NRIs!!

    DisAgree Agree [29] Reply Report Abuse

  • A F, Mangalore

    Fri, Jan 04 2019

    We are also victims of this person . Had booked apartment with skyline in the year 2013 at blueberry hills Mangalore . Inspite of winning case in consumer court , they still haven’t paid us our money back . Glad that finally one of them has been caught.

    DisAgree [8] Agree [75] Reply Report Abuse

  • Alwyn, Canada

    Fri, Jan 04 2019

    Looks like these chellas are blessed by fekus to dupe the poor. Or they purchased land at the cost of people and enjoying luxury life with investment . Somewhere political hand is helping them and they may be helping the politicians with money. It is so sad to see many people are waiting for the shelter in buildings promised but all fake.

    DisAgree [10] Agree [49] Reply Report Abuse

  • Being_Mangalorean, Mangalore

    Fri, Jan 04 2019

    ....A luxury Range Rover, Audi, and about 15 bank accounts of accused have been frozen by the authority... For a while, I was confused like "15 lakhs into the Bank Account" ....So much we heard about 15lakhs over a period of 3-4 years!!!

    DisAgree [11] Agree [47] Reply Report Abuse

  • Santa, Mangalore

    Fri, Jan 04 2019

    I dont blame you....you are victim of Modiphobia which is a disorder started in 2014.Nimhans still developing therapy for it.Lot of victims are hoping that ,it would subside in 2019.
    But....toi ntoi fish...

    DisAgree [33] Agree [50] Reply Report Abuse

  • G R PRABHUJI, Mangalore

    Fri, Jan 04 2019

    The market is in such a bad situation that they keep high rates for flats and buyers are not there. They build half constructions and stop the work . And buyers are in fix. These Builders will run, absconding otherwise suicides. No other way for them. Buyers must be careful.

    DisAgree [3] Agree [43] Reply Report Abuse

  • Karthik, Konaje /Navi Mumbai

    Fri, Jan 04 2019

    And they say "Always make you investments with reputed builders!"

    DisAgree [5] Agree [38] Reply Report Abuse

  • Sanjay, Hebri

    Fri, Jan 04 2019

    All chors are being caught only after 2014.

    DisAgree [23] Agree [51] Reply Report Abuse

  • Alwyn, Canada

    Fri, Jan 04 2019

    In 2019 will ensure that all dakus fekus and fraudsters will go behind bars new PM new thinking and new ways of doing business in a more diverse inclusive ways which helps every citizen of India to benefit from govt deals to other services to reach out to everybody without bias on gender or religion.

    DisAgree [7] Agree [17] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Fri, Jan 04 2019

    After 2014 only FAKES ...

    DisAgree [27] Agree [61] Reply Report Abuse

  • Alwyn, Canada

    Fri, Jan 04 2019

    So sad. So much money duped but on face looks so honest. Investments in those land must have appreciated in many fold at the cost of those people waiting for the place to live in apartments. Sell those acres of land distribute with a profit proportionaltly to people whom these prabhus cheated. Such ways of doing business at the cost of another person money and benefiting handsomely is too smart prabhu man. Only swallow profit and not sharing with others is a karma.

    DisAgree [4] Agree [38] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Fri, Jan 04 2019

    In 2014 FEKU also looked very Honest ...

    DisAgree [22] Agree [51] Reply Report Abuse

  • sri_elder, Karkala

    Fri, Jan 04 2019

    Non bailable offence...

    DisAgree [3] Agree [37] Reply Report Abuse


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Title: Skyline builder Avinash Prabhu arrested for duping people in Bengaluru, Mangaluru



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