Cash crime: Fraudsters pose as Income Tax officers, decamp with Rs 1 crore

[email protected] (News Network)
November 26, 2016

Bengaluru, Nov 26: Cashing in on the Prime Minister Narendra Modi's so called crusade against common man'sblack money', three fraudsters posed as Income Tax officers and made off with a bag containing Rs 1 crore being brought to Bengaluru to purchase raw materials, saying the money needed to be investigated.

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The incident happened on Tuesday, a day before the driver of a van ferrying Rs 1.37 crore between banks in the city, fled with the cash. However, the case was registered much later as the victims initially believed that those who took away cash were genuine officers.

Around 4am Tuesday, a van belonging to a private firm in Tiruchirappalli was heading to Bengaluru to purchase materials from ITC when it was stopped by three men in a car at Talghattapura, south of the city.

"It was routine purchases for the food processing company. They would come in a truck with cash, buy biscuits and some raw materials used for their business and return by the same vehicle," said an investigator from Talghattapura police station.

The three men in the truck, including a company supervisor, were asked to get off and were questioned by the three car-borne men, who kept referring to themselves as IT officials. These men then took the bag containing Rs 1 crore from the truck.

"They told the company employees that the money was under investigation by the IT department and they would have to go to the local police station to collect it. They kept the money in their car and asked the men to follow them to the police station," the officer added.

By the time the private firm employee employees got into the truck, the fake IT officers sped away with the money. Police said the employees didn't know whether the bag carried demonetized notes or new currency. They said they are awaiting the company's management representatives to come and give a statement on these details.

Investigators suspect an inside job, as the three men who robbed the truck had specific knowledge about the truck's route and its mission. "The elaborate act of pretending to be IT officers suggests it was well-planned heist," they added.

Two big heists in Bengaluru this week indicate that criminals are updating themselves with vulnerable targets and striking at them after demonetization, police said.

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News Network
December 19,2025

Mangaluru: Public transport in Mangaluru is set for a state-led transformation as the government moves to deploy 100 new electric govt buses to replace unreliable private services. The initiative aims to provide a dependable alternative to private operators who have been frequently "cutting trips," leaving thousands of commuters stranded.

The announcement was made by Deputy Commissioner and MCC Administrator Darshan HV during a public phone-in session. The move specifically targets routes where private bus service has become erratic, ensuring that citizens no longer have to rely on a fluctuating private sector for their daily commute.

Restoring the Govt Presence

The transport crisis was brought to the forefront by Ramayya, a resident of Bajal, who highlighted a growing trend of private buses skipping morning and night trips. With the previous KSRTC (govt) services discontinued, residents have been left without a fallback option.

To fix this, the DC confirmed that the PM-eBus Sewa Scheme will bring 100 government-owned electric buses to the city:

•    Phased Deployment: The first 50 of the new 100 government buses are scheduled to arrive by March 2026.

•    State Infrastructure: Two new government depots, including one at Mudipu, are being prepared for operations.

•    Recruitment: The state has already begun training a new batch of government bus drivers to ensure the fleet is operational the moment it arrives.

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News Network
December 20,2025

Mangaluru, Dec 20: The Mangaluru City Police have issued a detailed traffic advisory ahead of the inaugural ceremony of Karavali Utsava, which will be held at the Karavali Utsava Ground on Saturday.

The festival will be inaugurated at 6:00 pm by Dakshina Kannada District Minister Dinesh Gundu Rao. Cultural and public programmes will be held at the venue every evening and will continue until January 2.

According to City Police Commissioner Sudheer Kumar Reddy, parking of vehicles is strictly prohibited on both sides of the road from Lalbagh to Karavali Utsava Ground. Visitors are requested to park their vehicles only at designated parking areas.

To help the public, traffic signboards and parking guidance flex boards have been installed along the routes leading to the venue. The police have urged commuters and visitors to follow these instructions to ensure smooth traffic movement.

Designated Parking Locations

•    Urwa Market Ground – Cars
•    Gandhinagar Government School (near Press Club) – Two-wheelers and cars
•    Ladyhill Church parking area – Two-wheelers and cars
•    Canara School Ground, Mannagudda – Two-wheelers and cars
•    Thimmappa Hotel premises – Two-wheelers and cars
•    Scout and Guide Bhavana premises (behind Karavali Utsava Grounds) – Two-wheelers
•    Urwa Market Road – Two-wheelers
•    Hat Hill Road – Two-wheelers

The police have appealed to the public to cooperate by following traffic rules and parking guidelines to avoid inconvenience during the festival.

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News Network
December 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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