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Chennai: Chit fund frauds enact burglary drama

Police grilled the 'victims' to find that they had faked the robbery after which they were arrested.

Chennai: Four persons, including a mother and daughter, were arrested by the City police on Sunday for allegedly faking a robbery in their house in Madhavaram Milk colony a day ago.

The women, residents of Third street in Mathur MMDA colony, were running a chit fund in their neighbourhood and several women in the area had invested in it. However, the family had spent the invested amount and so enacted a drama that they had been robbed in order to convince neighbours they had lost all the invested money.

The arrested persons were identified as P. Amutha (45), her mother, Nagammal (65), their relative, Udaya Rajan (31) and his friend Gandhi Rajan. Police sources said that Amutha and Nagammal collected money from over 150 residents in the area for a Deepavali chit. With less than ten days left for the festival, they ought to return the amount to the investors. As they ran out of cash, they devised a plan with the help of their relative, Udaya Rajan.

Mother-daughter confess to crime

As planned, Amudha informed the police that her home-alone mother was gagged and robbed at knifepoint by unidentified robbers on Saturday. In her complaint, she mentioned that the 'burglars' escaped with '9 lakh cash from the locker.

MM Colony police, who began investigating, grew suspicious as the elderly woman and her daughter came up with varying versions while deposing before the investigators.

CCTV footage in the neighbourhood was perused which showed Gandhi Rajan enter the house and leave hours later. Police grilled the 'victims' to find that they had faked the robbery after which they were arrested. Amutha's husband, Pandi is a building contractor. Nagammal lived with Amutha's family. Further investigations are on.

( Source : Deccan Chronicle. )
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