Rs. 26,000 crore Financial fraud suspect Mr. Janarthanan Sundaram, deported from Bangkok to Chennai
Mr. Janarthanan Sundaram, a prime suspect wanted by Tamil Nadu police in a major financial fraud case to the tune of Rs. 26,000 crore, was re-turned to India from Bangkok, Thailand, as CBI through Interpol issued a red corner notice against him last year
The
economic offences wing of Tamil Nadu police registered a case against Mr. Janarthanan
Sundaram, Mohanbabu Vijayan, Vedanarayanan Sundaram, and others in 2022 after a
victim named Karthik moved the Madras High Court seekinga probe into an alleged
Rs. 6.000 crore fraud committed by a Vellore-based firm, Marc, in which the
actised were partners Themallegedly manipulated peposit schemes promise returns
on investment, leading to significant financial losses for investors who
invested in crores.
While the
EOW personnel already arrested nine accused in the case, Mr.Janarthanan was
absconding. Upon receiving information that he escaped abroad, TN police
approached CBI to issue a red corner noti ce through Interpol in June 2023. On
Tuesday, Mr. Janarthanan Sundaram attempted to enter Thailand but was denied
entry due to the active Red Notice. He was subsequently deported to India. Upon
his arrival at Kolka ta Airport on Wednesday, he was detained and transferred
to the custody of the Tamil Nadu police, who travelled from Chennai to secure
his extradition.
The
Central Bureau of Investigation (CBI) coordinated with various agencies, including
Tamil Nadu police, the Indian Embassy in Bangkok, and immigration authorities
at Kolkata Airport, to ensure
Janarthanan Sundaram
Mr. Sundaram's
return. A team of police personnel brought the accused by flight on Wednesday
night and produced him before the magistrate. He was remanded in judicial
custody and sent to the Puzhal Central Prison. EOW officials said that they
received complaints against the accused on the charges of cheating to the tune
of Rs 800 crore.
Meanwhile,
the immigration officials at the Chennai airport secured a suspect wanted by
Kerala police when he landed here from Sharjah on Wednesday. Abdul Basheer
Vettiyattil (53) faced two cases of cheating in 2014 and 2024, and the
Malappuram district magistrate issued a lookout notice (LOC) for him. When he
reached Chennai, Immigration officials secured him and handed him over to
airport police. A team from Malappuram reached Chemmat on Thursday and took
custody of him.
Src: TIMES NEWS NETWORK, Chennai:
