Bizman arrested for duping man of Rs 3.10cr

  • | Friday | 7th December, 2018

“S Srinivasan of Rajapalayam in Virudhunagar district had supplied more than Rs 10crore-worth cotton to Kadhar. Later, he received Rs 1.17crore from Srinivasan on pretext of buying a textile mill at Udumalpet. Coimbatore: The City Crime Branch arrested a Tirupur-based businessman for duping an associate of Rs 3.10crore.He was identified as M Sheik Abdul Kadhar of Iluvan Kattoor in Udumalpet, who was running a spinning mill under lease at Udumalpet. But he failed to provide Rs 1.93crore to Srinivasan. They also seized a luxury car from him.The city police took custody of Kadhar for four days from Wednesday and took him to Poochiyur and Periyanaickenpalayam areas to attach his properties and seize more cars.

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