IMA Jewels scam: SIT team arrests six directors of firm

  • | Thursday | 13th June, 2019

By Online DeskBENGALURU: Hours after the Karnataka government constituted a Special Investigation Team to probe the alleged Rs 2000-crore scam involving IMA Jewels, an Islamic Investment firm, six directors of the firm have been arrested. The SIT team is headed by B R Ravikanthe Gowda, Deputy Inspector General of Police (Fire Force) including ten other officers including Deputy Commissioner of Police (DCP) S Girish. As announced earlier, SIT headed by DIG B.R Ravikanthe Gowda is formed to investigate the #IMAJewels fraud case. pic.twitter.com/qE3d64SsB8— CM of Karnataka (@CMofKarnataka) June 12, 2019READ MORE: Anatomy of a scam: How IMA Jewels took investors for a Rs 2000-crore rideMeanwhile, the number of complaints against IMA Jewels in Bengaluru alone has swelled up to 13,000. After the IMA scam, investors from several such companies in Bengaluru, which were collecting money in the name of 'halaal' investments have said to be panicky and are allegedly rushing to their directors.

Read Full Article Here

If You Like This Story, Support NYOOOZ

NYOOOZ SUPPORTER

NYOOOZ FRIEND

Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.


Stay updated with all the Bangalore Latest News headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.

Related Articles