Man, two sons arrested for cheating bizman of Rs 43lakh

Coimbatore: A farmer and his two sons were arrested on Thursday by the district crime branch (DCB) police for dishonest a businessman of Rs 43.12 lakh. The accused had given a power of attorney to the businessman for 3.75-acre at Pooluvapatti by receiving the money from him.

The arrested were recognized as SP Ramasamy, 63, and his sons R Sathishkumar, 33, and R Jagadeeshkumar, 29, all citizens of Pooluvapatti close to Alandurai. They were booked below sections 406, 420, 294 (b) and 506 (i) of the Indian Penal Code and lodged at the Coimbatore Central Prison.


Police said N Narasimhan, 66, of GV Residency at Sowripalayam, approached Ramasamy and sons to buy three.75-acre at Pooluvapatti. The trio sold the land for Rs 43.12 lakh to Narasimhan, who had paid in three instalments thru three cheques. The trio had withdrawn cash from their bank accounts in November 2017. They had given energy of attorney within the identify of Narasimhan and it was once registered on November 27, 2017. Meanwhile, Narasimhan entered into an agreement with a personal company to promote the land and received Rs 1 lakh as advance. He came to grasp that Ramasamy and his sons cancelled the facility of attorney on November 20, 2018.


When Narasimhan approached the trio, they threatened him with dire penalties. He demanded the land or the money. But Ramasamy and his sons refused.


Man, two sons arrested for cheating bizman of Rs 43lakh Man, two sons arrested for cheating bizman of Rs 43lakh Reviewed by Kailash on December 29, 2018 Rating: 5
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