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Trio detained for cheating with "Gold" deposits worth several lakhs

Trio detained for cheating with "Gold" deposits worth several lakhs

Mangalore Today News Network

Kasargod, Sep 30, 2014:  According to information received, a trio of confidence tricksters has been arrested allegedly for mortgaging "gold" that was purely a make believe fake with banks and non-banking financial institutions and cheated them of several lakhs of rupees.



The trio of culprits are identified as, resident of  Palakkad Kongat,  Zakir Hussain(42), Kiyur resident living in Ariyal, I Hassan(36) and Ibrahim Harris alias Patla Harris(40), resident of Patla.  Kasargod Dy SP T Ranjith heading a police team, arrested the suspects.

A private finance company in Cherkala who sold the deposited ’gold’  to a Trissur resident turned out to be fake according to investigations.  A complaint was lodged with Kasargod police in this regard.  Police have stated the suspects cheated parties in Koyikkode, Kannur, Trissur, Palakkad, Vaynad, Malappuram and other places.

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