The Hindu
The Hindu
AsiaPac · 2 hrs ago

Bengaluru: Homemaker alleges ₹2.5 crore fraud by ‘guruji’ promising ₹505 crore RBI funds

The victim, M. Kumuda, 40, originally from Palamaner in Andhra Pradesh and formerly residing in Chamarajpet in Bengaluru, had planned to raise a loan against her family-owned property. | Photo Credit: Getty Images/iStockphoto The Central Crime Branch (CCB), Bengaluru, is on the lookout for a self-styled godman and two of his associates who allegedly cheated a 40-year-old homemaker of around ₹2 crore in cash and gold jewellery worth about ₹50 lakh by falsely promising to repay her ₹10 crore after receiving ₹505 crore from the Reserve Bank of India (RBI).The victim, M. Kumuda, 40, originally from Palamaner in Andhra Pradesh and formerly residing in Chamarajpet in Bengaluru, had planned to raise a loan against her family-owned property.Through her Mysuru-based friend Jyothi, she was introduce
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