Ponzi scamster Mansoor Ali Khan's luxury cars gather dust at police stations


Bengaluru, Sep 5 (IANS): At least half-a-dozen vehicles, including two luxury cars of Ponzi scamster Mansoor Ali Khan have been gathering dust at police stations in the city, a police official said on Thursday.

"Khan's vehicles, including two sedans (Rover and Jaguar) were seized during raids on his offices, showrooms and other properties after his ponzi scam came to light in early June. They (sedans) were parked at Ulsoor police station in the eastern suburb and other vehicles in the CID office complex for lack of space elsewhere," a former Special Investigation Team (SIT) inspector told IANS on the condition of anonymity.

As the new BJP government transferred the multi-core ponzi scam to the CBI on August 21, the SIT has handed over the case files and all the seizures made, including cash, gold ornaments, diamonds and other properties like his personal and office vehicles to the premier investigation agency.

"Khan's other vehicles such as an Innova, a school van, a mini-truck and a mini-bus were parked at the CID office complex, as there is no space in the jurisdictional police stations where they were seized and cases registered," said the former investigation officer.

Though the main case was filed on June 10 at the Commercial Street police station in whose jurisdiction Khan's IMA Jewellers' main showroom and office are located, Khan's vehicles and other assets were seized when the SIT was set up in mid-June to probe the scam.

"As there is no space on the busy Commercial Street area in the city's central business district and many vehicles seized in other cases are already parked around other police stations, Khan's vehicles had to be parked in the CID office compound in the city centre where the SIT was functioning," recalled the inspector.

The SIT also seized I Monetary Advisory's (IMA) other luxury cars, which were given to its directors, some of whom were arrested for their alleged involvement in the scam along with the prime accused (Khan).

"It is not only Khan's luxury cars but even that of his directors were seized and parked at various police stations for want of space. They will remain till the case is investigated and shifted for auction on the court's order to recover whatever amount they can fetch," said the former inspector but declined to be named as the case is under the CBI now.

According to depositions Khan and some of the directors made when the SIT was probing, the scamster had used the sedans extensively in the city and for outstation trips.

When the police spotted the black Jaguar XF and the Range Rover in the parking slot at the Bengaluru international airport, about 40km away from the city centre, preliminary investigation revealed that Khan drove to the airport in them with heavy luggage on the intervening night of June 8-9 for fleeing the country and instructed his drivers to leave them there.

"It is not only Khan's sedans but many such luxury cars are rusting at many police stations across the city, as they were seized and parked till the cases involving them are solved or disposed of," the official added.

Khan, 48, was arrested on return from Dubai at the New Delhi airport on July 19 and flown to Bengaluru on July 20 and has been in judicial custody since then for facing the investigation.

 

  

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Comment on this article

  • Anand R, Mangalore

    Fri, Sep 06 2019

    So much bothered about their cars, and not about the victims. Funny Press

    DisAgree [1] Agree [2] Reply Report Abuse

  • Indian, Udupi

    Fri, Sep 06 2019

    Actually nobody is intestines in Haram ka khamai assets , they dear it may be bad omen for the purchaser or user .

    DisAgree Agree Reply Report Abuse

  • Ruford, Mangalore

    Fri, Sep 06 2019

    Whilst everyone wants them to be auctioned, legal issues pose hurdles. Before this issue is sorted, these cars are for sure to be rotten. Destination gujiri shop...

    DisAgree [1] Agree [2] Reply Report Abuse

  • H. Almeida., Bendur/Andheri

    Fri, Sep 06 2019

    These luxurious cars, will rust and disintegrate, turning into scraps of metal....... The State must auction these vehicles, immediately and proportionately refund, the cash to the victim's !!!!!

    DisAgree [1] Agree [7] Reply Report Abuse

  • AMAR NATHAL, MANGALORE

    Fri, Sep 06 2019

    Get written consent from the owner and auction the cars before they get rotten in police stations. At least, some of the money can come back rather than lose even what is being saved.

    DisAgree [1] Agree [7] Reply Report Abuse

  • EULALIA DSOUZA, MANGALURU

    Fri, Sep 06 2019

    Just auction these vehicles and recover some amount. Since these vehicles are bought from ill gotten money, let the proceedings of auction be given to some poor children's education fund or so.
    If this is not done, vehicles will simply be rusted to rags to be sold in kilograms wise later.!!!

    DisAgree [2] Agree [12] Reply Report Abuse

  • kudlada javanye, MANGALORE

    Fri, Sep 06 2019

    Compromise d onji rate paaterga .Sale manpule :-)

    DisAgree [1] Agree [1] Reply Report Abuse

  • Praveen, Mangalorean

    Fri, Sep 06 2019

    Why wasting of place and dusting vehicle... just auction it and keep the money for police funding / other...?

    DisAgree [1] Agree [11] Reply Report Abuse


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