Woman arrested for Rs 30 crore fraud using CM, DyCM names to lure victims in Bengaluru


Daijiworld Media Network – Bengaluru

Bengaluru, July 9: A woman who allegedly conned more than 20 affluent women out of over Rs 30 crore by falsely claiming connections with Karnataka’s top political leaders has been arrested by the Basaveshwaranagar police.

The accused, Savitha, meticulously built trust within elite circles through kitty parties, posing as a well-connected insider with ties to Chief Minister Siddaramaiah, Deputy Chief Minister D K Shivakumar, and minister M B Patil. Using these names, she allegedly convinced her unsuspecting victims to invest large sums of money in fraudulent schemes.

Police said Savitha targeted well-off women by portraying herself as someone with access to lucrative investment deals. One of her key ploys involved promising gold imports from the USA at discounted rates—a bait through which she extracted anywhere between Rs 50 lac and Rs 2.5 crore from each individual.

“Her charm and fake political links allowed her to win the trust of her victims easily. She was operating like a high-society conwoman,” a senior police officer said.

This isn’t her first offence. She had previously been arrested in a similar case registered at Govindarajanagar police station, where she was released on bail. However, undeterred, she is said to have resumed her deceitful tactics and continued duping more victims.

Following her recent arrest, police confirmed that Savitha has been taken into custody and is being interrogated. Investigators believe many more victims may come forward as the case unfolds.

“Savitha specifically targeted women from wealthy backgrounds, exploiting social gatherings as opportunities to pitch fake investment deals. We suspect the total fraud amount may go even higher,” the officer added.

The Basaveshwaranagar police are appealing to others who may have fallen prey to Savitha’s schemes to come forward and file complaints. The investigation is ongoing.

  

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Title: Woman arrested for Rs 30 crore fraud using CM, DyCM names to lure victims in Bengaluru



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