Latest


Mangaluru: Rs 1.15 crore cheating – Mumbai entrepreneur Vishwanath Shetty arrested

  •   Wed, May 31 2023 10:15:34 AM

Daijiworld Media Network – Mangaluru (MS)

Mangaluru, May 31: Entrepreneur of Mumbai, Kalathur Vishwanatha Shetty was arrested by CEN police of the city on the accusation of cheating businessmen to the tune of Rs 1.15 crore.

Police informed that Vishawanath Shetty had cheated a renowned building construction company in Mangaluru and an owner of a finance company at Thokkottu of Rs 1.15 crore.

It is alleged that Vishwanath Shetty and Kadam of Mumbai took Rs 1.15 crore advance from the two victims on the pretext of providing Rs 300 crore loan for the construction company.

However, later the loan was not provided. Hence, a case of cheating is filed against accused Vishwanatha Shetty.

 

 

 
  

Top Stories

Comment on this article

  • Gibbs, Udupi/Bengaluru

    Wed, May 31 2023

    Shetty the great Cheater!!! Commission for loans is normal practice from Finance Companies or Banks in India. Even now agents do flourished to get loans for Building construction companies or related companies on commission basis and cheating loan seekers.

    DisAgree [2] Agree [11] Reply Report Abuse

  • Jossey Saldanha, Raheja Waterfront

    Wed, May 31 2023

    Shetty's were always in Food Business ...

    DisAgree [11] Agree [28] Reply Report Abuse

  • Abdul, dubai

    Wed, May 31 2023

    He must have given big talks to his victims like 1$= 15 rs/-, or rs 2000/- poyya, and fooled the gullible...

    DisAgree [14] Agree [35] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai/Mangalore

    Wed, May 31 2023

    Why the victimised construction company is not named? BTW, how the company owners could believe someone to provide them with such a huge loan? Appears like this company had no sufficient credentials to officially obtain a loan from any financial institution!!

    DisAgree [19] Agree [44] Reply Report Abuse

  • Monty Dotor, Mangalore

    Wed, May 31 2023

    For taking a loan, does someone give an advance to the prospective loangiver..Daal Me Kuch Kaala Hai....

    DisAgree [26] Agree [36] Reply Report Abuse

  • Mbeary, Dxb

    Wed, May 31 2023

    Now prospective buyers shud worry if the builder who required additional loan to complete his project, will ever be able to complete project on time

    DisAgree [20] Agree [18] Reply Report Abuse

  • Monty Dotor, Mangalore

    Wed, May 31 2023

    There are many unsold flats in Mangalore, but more are built. Now the Incometax department is keeping a close watch on real estate with 360 degree profiling and lots of data collected about the "real " market value of property even in Mangalore, along with faceless assessment. Black money in property will be easily detected and it will be more difficult to sell real estate, leading to more unsold flats- a domino effect.

    DisAgree [14] Agree [8] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai/Mangalore

    Wed, May 31 2023

    Monty, for a small city like Mangalore with only educational institutions to boast about, the amount of supply of flats, houses, and properties is very much on the higher side; also realty rates are artificially inflated! With the type of fragile infrastructure (water, electricity), communal sensitivity, moral policing and absolute lack of public transportation, lack of job opportunities etc, high cost of living, it's not worthwhile investing in properties, here, with artificially inflated rates! No doubt, there are a very large number of investors trapped in high value realty waiting to sell off at distress rates! Rental flats too are available aplenty!

    DisAgree [7] Agree [17] Report Abuse

  • Rudolf Rodrigues, Mumbai/Mangalore

    Wed, May 31 2023

    That's why all should know the famous construction company 🤪?

    DisAgree [9] Agree [16] Reply Report Abuse

  • k b r, Mangala Uru

    Wed, May 31 2023

    white speckless shirt creaseless, clean ladylike shaven face, broad smile with snow white teeth, hand folded in Namo --- signs of conmen...

    DisAgree [31] Agree [41] Reply Report Abuse

  • Pavan, Mlr

    Wed, May 31 2023

    But chor gujju shezada will not pay single paisa tax from 48000 cr IPL money 😂

    DisAgree [30] Agree [26] Reply Report Abuse

  • John Tauro, M'lore

    Wed, May 31 2023

    First of all the legal status of IPL has to be changed from sports promoter to commercial and FYI IPL was started in 2006 when UPA was in power.

    DisAgree [7] Agree [5] Reply Report Abuse

  • real kujuma, kodial

    Wed, May 31 2023

    korikatta gambling cheaters increased in numbers after the gujju duo took over reigns in 2014...

    DisAgree [84] Agree [59] Reply Report Abuse

  • Pavan, Mlr

    Wed, May 31 2023

    When Gujju adani can loot 20000cr from LIC and SBI. ...No big deal to gobiji 😂

    DisAgree [32] Agree [27] Reply Report Abuse

  • Prasad, Mangaluru

    Wed, May 31 2023

    Terrorists feel safe in Karnataka now

    DisAgree [51] Agree [19] Reply Report Abuse

  • Abdul, dubai

    Wed, May 31 2023

    Scammers are everywhere since 2014

    DisAgree [87] Agree [57] Reply Report Abuse

  • Dinkar, Uppala

    Wed, May 31 2023

    Humhe Toh Humhare Logo Ne Loota..Doosro Mein Kahan Dum Tha...IMA- Halal.

    DisAgree [8] Agree [96] Reply Report Abuse

  • Dinkar, Uppala

    Wed, May 31 2023

    Investors who deposited there amount in IMA scam more than 45000 peoples will get Rs.10 kg (5 kg already in roll) from the govt to survive. Some become cabinet ministers.

    DisAgree [10] Agree [46] Reply Report Abuse


Leave a Comment

Title: Mangaluru: Rs 1.15 crore cheating – Mumbai entrepreneur Vishwanath Shetty arrested



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like