Conman held for exploitation of BJP President Vijayendra’s name

Team Udayavani, Nov 27, 2023, 3:20 PM IST

The Malleshwaram Police have apprehended Yusuf, an individual involved in duping businessmen through fraudulent bank loan schemes. The case has been subsequently transferred to the CCB for further investigation.

The accused recently acquired documents from hotelier Shaji Krishnan under the guise of facilitating a bank loan. Krishnan, under the impression of obtaining a loan from a nationalized bank, accompanied Yusuf to the bank and signed the necessary applications. However, it was later revealed that the accused had fraudulently obtained a loan of Rs 2.5 crore and failed to fulfill the promised services within the agreed timeframe. The deception came to light when Krishnan visited the bank for other transactions.

A fraud case was registered based on Krishnan’s complaint, leading to the arrest of Yusuf. Investigations revealed that the accused had a pattern of befriending businessmen, claiming connections with political leaders and bank managers. He allegedly took money from businessmen, promising to facilitate government-related industry work through payments to ministers and officials.

Yusuf faced multiple fraud cases in various police stations across the city. Notably, he swindled a travel company owner by posing as a GST Commissioner. Allegedly familiar with the Commissioner, he convinced the owner that he could reduce the company’s GST by 50%. An advance of Rs 15 lakhs was paid, but Yusuf absconded without fulfilling his promises.

Furthermore, Yusuf deceived a businessman, Sivanandamurthy, in Nandinilayout by promising to provide an old car. Despite receiving an advance of Rs 5 lakh, the accused failed to deliver the car and even threatened the victim.

Additionally, Yusuf exploited his claimed association with BJP state president Vijayendra, duping individuals by asserting connections with high-ranking BJP leaders for political activities. A case has been registered against him at the Malleshwar police station in connection with this deception.