Director of Singapore-based company held for cheating Chennai businessman – The Hindu

Chennai News

The Central Crime Branch (CCB) of Greater Chennai City Police on Wednesday arrested the director of a Singapore-based company on charges of cheating a businessman here to the tune of ₹1.08 crore after importing 286 tons of rice.

According to the police, P. Selvakumar of Saligram, who runs an export and import business, received an order from the Singapore-based Ayyan Royal Impex PTE Ltd., represented by its directors Lingesh, his mother Kalyani and father Sivakanthan for procuring rice.

Following the order, Mr. Selvakumar exported 286 tons of Ponni rice in 11 containers to the firm. After receiving the consignment, the firm failed to pay ₹1.08 crore to him.

A special team of police investigating the case arrested S. Lingesh, 26, who was staying in Pattukottai, Thanjavur district. He was remanded in judicial custody.

Accused held

Meanwhile, the Anti-Forgery Wing of CCB arrested an absconding accused in a cheating case. The accused was identified as Jegadish, 35, of Thiruvarur district who allegedly was part of a gang which cheated 75 persons after receiving ₹9.61 crore for allotting slum clearance board flats in Ayappakkam in 2017. After receiving the money, they gave fake allotment orders to the victims, said the police.

Source: https://www.thehindu.com/news/cities/chennai/director-of-singapore-based-company-held-for-cheatingchennai-businessman/article65320469.ece