Tamil actor Srinivasan arrested by Delhi Police for this shocking reason, details inside

Tamil player Srinivasan arrested

Dr. Srinivasan, a Tamil film actor and also known as ‘Powerstar’, was arrested in a high -valuable credit fraud by the Delhi Police Police Wing in the National Capital. According to the authorities, he promised to issue a 1,000 RS loan for a Srinivas company, but 5 RS Crore cheated on him.

Police said Srinivasan was declared twice as ‘a criminal’ declared by the court. Since 2018, he fled the trial transactions and the complainant company has been the brain of a large -scale conspiracy to cheat on the RS 5 Crore setting under the pretext of editing a 1000 Crore loan. The investigation revealed the deflection of fraudulent funds for film production and personal use. The defendant found six similar cheat cases in Chennai

The Delhi police followed Srinivasan, the economic crime wing of the police, to the Vanagaram region of Chennai with the help of local intelligence and technical supervision. On July 27, he was arrested from Chennai’s Golden Treasury apartments and added that he had been arrested for custody of Delhi Police.

According to Delhi Police, in December 2010, the complainant company Blue Coast Infrastructure Development Ltd.

If the loan was not approved, they were sure that any amount paid within 30 days would be repaid. The consultants then organized a meeting of the complainant with Srinivasan, who gave a long -term lending that the Baba Trade Company was the owner of the Baba Trade Company and could issue a 1000 Crores loan. Following this, the complainant paid special adhesive stamps (0.5% of the loan amount) allegedly paid 5 RS Crore.

However, no credit has been set and RS 5 Crore has not been reversed and the post -date check given as a meter guarantee was honored by the bank for insufficient balance. The investigation revealed that RS 5 Crore was transferred from the complainant company to Father Trading Co. and then to the bank accounts controlled by the defendant Srinivasan and his wife.

The RS 50 withdrawn in cash and transferred 4.5 RS Crore to a joint account. Later, RS 4 Crore FD was built and seized. During the investigation, the defendant Srinivasan was arrested and questioned. He could not produce proof of buying stamps, which shows a clear intention to cheat.

It was first given temporary bail on 27.09.2013 and paid only 3.5 lakh with RS 10 Crore repayment commitment in 15 days. He avoided and declared a criminal (PO) declared in April 2016. He was re -arrested on 07.03.2017, again on 02.06.2017 and once again escaped from the hearing and led to a second PO declaration on 14.11.2018. The 64 -year -old defendant Srinivasan took part in six cases registered in the same modus Operandi and Chennai.

Read | Saiyaara player, who directed Superhit TV shows, worked with Akshay Kumar, Salman Khan, but he almost went bankrupt, then …