City Limouzine Investment finance fraud

Uwait Ali Sayed does not have anything to complain in life, considering the aspiring fashion designer is pursuing a course of his interest and has a family affluent enough to support his interests. But even his family members were in for a shock on Sunday, when he along with his accomplice was arrested by the Bandra police allegedly for stealing cosmetics and other health products from a medical store in Bandra. Sayed’s aim: To sell the stolen goods for some extra pocket money and support his fun and flair.
“We have arrested two youth, both in their twenties, who would visit the medical store and pick up expensive cosmetics and health products. They have been booked under sections 380 and 34 of the IPC,”said an officer from the Bandra police. While Uwait has been remanded in police custody till August 30, his accomplice Samad Siddiqui (20), who has faced earlier arrests, has been ordered judicial custody. Now, the police are looking for the Andheri-based dealer who would buy the stolen goods from the two youth.
It was after the Bandra police received a complaint from the Asian Chemist store on August 8, regarding two boys spotted on their CCTV cameras who were making away with their products without having paid for them. The store, which encourages self-service, seems to have been the ideal place for the youth help themselves to the products on display and disappear without making any payment.
“While one of them would engage the staff pretending to shop, the other would pick products without our knowledge. We would have never found out, but one day, a customer came early morning to buy a product which I remembered having put on a shelf the night before. But, not seeing it there the next morning, we decided to check the CCTV footage and caught their theft,” said a staff from the medical store.
According to the police, the youth stole products in all worth about Rs95,079. However, the police suspect their shoplifting was not limited to just one store and are now probing if two had visited other stores to make a quick buck.

Trying to help an elderly woman landed a 24-year-old man in hospital.
After hearing cries of the woman for help, Hitesh Sawant ran after the two robbers who had threatened her at knifepoint and then snatched her gold chain. He chased and caught them but one of them stabbed him in his left shoulder. One of the robbers fled the spot but the other he caught was handed over to the Malad police.
The arrested accused has been identified as Wilfred Joseph and the accused on the run as Rizwan.
According to the police, the incident took place on Sunday at around 5.30pm when 42-year-od Sumitra Bablya Kumbhar was heading to Malad (East) through the Chincholi Phatak over bridge with her daughter-in-law, Archana.
Senior inspector Avinash Jadhav of the Malad police said, “The thieves threatened Kumbhar at knifepoint and asked her to hand over her chain. When she resisted, they slapped her and snatched it. They tried to flee but she raised an alarm.”
Sawant chased and caught up to the robbers but was stabbed in his left shoulder. He still managed to catch one of them. People passing by then took him to Siddharth Hospital.
The accused was handed over to the Malad police. In her statement, Kumbhar added that the robbers started running away when they saw the public approaching.

Officials of the Economic Offences Wing (EOW) on Monday arrested Bimal Agarwal, director of Techno Trade Impex that manufactured bomb suits for the police, immediately after the sessions court rejected his anticipatory bail application.
Rajwardhan Sinha, additional commissioner of police (EOW), said: “We have arrested Agarwal. Further investigations are on.”
In January 2009, the state police floated tenders for bomb suits post 26/11 terror attacks. Techno Trade Impex won the bid and was given an order for 80 bomb suits for which the state paid around Rs6crore.
The suits, which were supplied only in 2010, were rejected by the government as they were not in accordance with the quality standards.
Agarwal moved the Bombay high court in March 2010, challenging the government's decision. Former principal secretary (home) PK Jain, in an affidavit filed before the HC, claimed that the firm had acquired 36 suits from South Africa and the rest from China. After the Anti-Corruption Bureau probed into the matter and submitted its report to the home department, a case was registered against the firm.
In May, the EOW booked Agarwal for cheating and forgery for supplying inferior quality bomb suits. He then applied for anticipatory bail claiming he had being implicated in the case on the instructions of an IPS officer.

The economy is slow, but our government servants seem to be still making huge sums of money; obviously through improper channels.
Statistics provided by the Maharashtra Anti-Corruption Bureau (ACB) has revealed that the money involved in the disproportionate assets cases has jumped by more than Rs121 crore compared to the last year. And, almost all the culprits are government servants.
In 2011, 10 cases of disproportionate assets cases involving Rs1.97 crore were registered with the ACB. But until June this year, 16 cases were registered with the ACB involving more than Rs123crore. Suspended deputy collector Nitesh Thakur, who was arrested in March, alone had disproportionate assets worth over Rs118 crore.
Another shocking revelation is that in the last two years, most cases were registered against government servants from the municipal corporation, public health department and police department.
While last year, disproportionate assets cases were also registered against officials from zilla parishad, sales tax, education departments and panchayat samiti, this year, officials from the revenue, agriculture, forest, irrigation, public works departments and Maharashtra State Electricity Distribution Company were also found guilty.
“During investigation, we look into the properties owned by government officials, including the benami properties. These properties could be movable or immovable, such as flats, land, vehicles and jewellery, and the cost of such properties goes to crores of rupees,” said an ACB officer.
“In such cases, we generally do not arrest the person, but only conduct raids. If the person is not able to provide details of his assets and sources of income then after the investigation we summon him directly to court."
This year, the maximum cases were registered against the municipal corporation officials — 4. But the maximum ill-gotten money was recovered from the revenue department — more than Rs118 crore from three cases.
Last year, the maximum money recovered was from two cases registered against civic officials involving more than Rs63 lakh.

Questions have been raised over the way the Pune-based Sanjay Kakade Group — which bagged a prime 1.97 acre government plot worth Rs30 crore in return for building a few government offices — has repeatedly sought, and received, extensions. This is despite the fact that eight years after bagging the contract, only 60% of the work has been completed.
The plot is the spot where revolutionary Umaji Naik Khomane was arrested and subsequently hanged by British government in February 1832.
As per the agreement, the Kakade Group was to develop an Umaji Naik memorial at the spot before commencing other work. The memorial seems to have been built in a hurry and has attracted criticism. “The memorial is more of an insult than a tribute to the great revolutionary who laid his life down for the state,” said social activist Hanumanth Sathe, adding that the developer’s sloppy work should be probed.
In 2004, the Kakade Group entered into a contract to build and transfer to the government 7,078 sq mt of built-up area on a portion of a government plot at Khadakmal in Shukrawarpeth, Pune. This would be done at no cost to the government, which planned to have administrative offices in that area. In return, the agreement permitted the group to develop the remaining land and sell it.
By conservative estimates, the cost of constructing the offices would be just Rs3 crore. Thus, the developer would rake in at least Rs30 crore by selling the 8,000 sq mt of space it was permitted to develop for profit. Despite this huge profit margin, Kakade failed to complete the project on time.
After assuring the government that the project would be completed within 18 months from its inception in 2004, the Kakade Group breached the deadline not once, but thrice — in December 2009, June 2011 and June 2012. “Now, for the fourth time, Kakade has asked for an extension again,” a senior Pune-based PWD official said. “Due to this, we are facing problems accommodating our expanding offices. Moreover, the developer has paid only Rs39 lakh as penalty against the Rs2 crore bill raised against it for extending the deadlines,” the official added.
“Instead of blacklisting Kakade, the government should have terminated the contract permanently and given it to someone else,” said a prominent Pune-based developer.
Information sought under RTI revealed more irregularities: that the government violated rules to approve Kakade Group’s architectural plan.
According to a government notification issued on July 30, 2008, any government work on a plot larger than 5,000 sq mt must be approved by the state government’s chief architect only. However, the government delegated the job to the deputy chief architect based in Pune instead. The chief architect even complained about this violation of rules, but the plea fell on deaf ears, revealed the RTI.
Repeated calls and SMSs to Sanjay Kakade, seeking his response on the issue, went unanswered.