IMA ponzi scam: Court extends Mansoor Khan’s judicial custody till Nov 22


Team Udayavani, Oct 24, 2019, 1:23 PM IST

Bengaluru: A city court on Wednesday, October 23 extended the Judicial custody of I Monetary Association (IMA) founder Mohammed Mansoor Khan with the CBI till November 22.

The Central Bureau of Investigation (CBI) had filed a supplementary charge-sheet on October 9 in a Bangalore court against two accused in ponzi scam pertaining to I-Monetary Advisory (IMA), which allegedly duped lakhs of people, especially Muslims, promising higher returns on their investments using Islamic methods.

The scam had triggered ripples in the Karnataka political circle when Mansoor Khan, the then managing director of I-Monetary Advisory (IMA) jewels, escaped the country leaving behind a video message that he was committing suicide because of “corruption in the state and central governments”.

He was arrested by the Enforcement Directorate on his return to Delhi on July 19.

The CBI had taken over the investigation on August 30 night on the request of the Karanataka government, routed through the Centre, the officials said.

In its first charge-sheet, the agency had named Mansoor Khan, and 19 other accused — seven company directors, five members, an auditor, a private person and five private group companies — for alleged criminal conspiracy, cheating among additional charges under the IPC.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Jayant Patil claims BJP used irrigation ‘scam’ to blackmail Ajit Pawar; Fadnavis, NCP chief hit back

Medical College expels 5 MBBS students from hostel for ragging juniors

Insulting women is in DNA of Cong leaders, alleges Jharkhand BJP

Man arrested from Delhi for calling up Pappu Yadav posing as aide of Lawrence Bishnoi

Tejasvi Surya hits out at Kharge, CMs of Cong-ruled states over poll promises

Farooq Abdullah seeks inquiry into spike in terror attacks in Valley since Omar’s swearing-in

Sabarimala pilgrims to get free insurance coverage of Rs five lakh

Related Articles More

Tejasvi Surya hits out at Kharge, CMs of Cong-ruled states over poll promises

Kumaraswamy sheds tears during elections but vanishes when people are in tears: Shivakumar

CM Siddaramaiah promises efforts to include Kannada label on products made in Karnataka

“Chinnara Banna-2024” held successfully in Bantwal

Kharge getting personal on PM’s political observations on Karnataka surprising: BJP MP

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

Jayant Patil claims BJP used irrigation ‘scam’ to blackmail Ajit Pawar; Fadnavis, NCP chief hit back

Medical College expels 5 MBBS students from hostel for ragging juniors

Insulting women is in DNA of Cong leaders, alleges Jharkhand BJP

Man arrested from Delhi for calling up Pappu Yadav posing as aide of Lawrence Bishnoi

Tejasvi Surya hits out at Kharge, CMs of Cong-ruled states over poll promises

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.