The Hindu·2 min read·medium

Bengaluru: Homemaker alleges ₹2.5 crore fraud by ‘guruji’ promising ₹505 crore RBI funds

T
The Hindu Bureau
Bengaluru: Homemaker alleges ₹2.5 crore fraud by ‘guruji’ promising ₹505 crore RBI funds
AI Summary

A Bengaluru homemaker was defrauded of ₹2.5 crore in cash and gold by a self-styled godman and his associates. The perpetrators falsely promised her a massive return on investment from purported Reserve Bank of India funds.

The Central Crime Branch (CCB), Bengaluru, is on the lookout for a self-styled godman and two of his associates who allegedly cheated a 40-year-old homemaker of around ₹2 crore in cash and gold jewellery worth about ₹50 lakh by falsely promising to repay her ₹10 crore after receiving ₹505 crore from the Reserve Bank of India (RBI).

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