Nation Other News 11 Jun 2019 Audio a ploy to esca ...

Audio a ploy to escape with money?

DECCAN CHRONICLE.
Published Jun 11, 2019, 1:59 am IST
Updated Jun 11, 2019, 1:59 am IST
According to them, the audio was intended at misleading investors and the police.
Concerned investors started visiting the office and they were told that the returns would start from May 15 but never did.
 Concerned investors started visiting the office and they were told that the returns would start from May 15 but never did.

Bengaluru: While Mansoor in an alleged audio recorded by him claimed that he was ending his life, IMA sources and police suspect that it was a ploy and he might have fled the country.

According to them, the audio was intended at misleading investors and the police.

 

While setting up IMA in 2006, Mansoor took investments from public offering big monthly returns. Everything was fine until April this year when the company, because of losses suffered, stopped disbursement of returns which were about 1 to 2.7 percent.

Concerned investors started visiting the office and they were told that the returns would start from May 15 but never did.

In his recent announcement, Mansoor had promised to disburse the returns after Ramadan but ended up sending an audio clip instead.

The police have formed teams and launched search operation for Mansoor. DCP East Rahul Kumar Shahapurwad said, "Khan has gone absconding and we are clueless about his whereabouts."

Not involved in IMA: Baig
Soon after the audio clip went viral Roshan Baig clarified before media that the allegations are false and that he had no links with IMA.

"I heard about the audio and allegations against me. I am no way involved in IMA's business and haven't

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Location: India, Karnataka, Bengaluru




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