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Monday , June 14 2021
Home / Hyderabad / Police Nabbed Prime Accused Summit Agarwal in a Cheating Case

Police Nabbed Prime Accused Summit Agarwal in a Cheating Case

Hyderabad, Aug 29 (PMI): A case is registered by CCS   complaint lodge by Srinath Reddy, Asst. General manager of M/s: Kyori Oremin Limited, Ameerpet in which the absconding accused Deepak Kudesia, who introduced himself as CEO and President of Allenzaury Inc. Gurgaon, Haryana have approached the complainant and represented that he could arrange the financial assistance in the form of Bank guarantee and lured the complainant company.

Deepak also introduced Govind Yashwant Salgaonkar and Sanjeev Kothari as team partners.    Believing the words of Deepak,   that he could arrange the Bank guarantee for Rs.6.66 Crore for the complainant’s company, to submit the same to the A.P. Genco to procure the steam coal from various countries and to supply the same to A.P. Genco,  the   complainant company transferred total amount of Rs.92 lakh to the bank accounts of Govind Yashwant Salgaonkar @ Anil Sawant and Sanjeev Kothari through RTGS.  After receiving the said amounts from the company, the accused persons supplied a fake Bank Guaramtee for  Rs.6.,66 crore  to the complainant’s  company and later absconded themselves.

During the course of investigation,  the CCS Police arrested the accused Govind Yashwant Salaonkar and in his confession he stated that in collusion with Deepak Kudesia and  Sumit Agarwal and others, he  cheated the complainant company by way of issuing fake Bank Guarantee for Rs. 6.66 crore and also received Rs. 92 lakh out of  which he had transferred an amount of Rs. 40 lakhs to his associate   Sumit Agarwal resident of Kolkata,  who has arranged the fake bank guarantee to the complainant’s company.

 Basing on the confession of  Salgoankar, a team went to Kolkata and nabbed one of the prime accused  Sumit Agarwal resident of Kolkata who has issued fake Bank Guarantee to the complainant’s company.

This case is being investigated by Inspector of Police . K.M. Kiran Kumar under the supervision of . G. Jogaiah, I/C Addl. DCP, EOW, Detective Department, a press release said.

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